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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 28, 1999
ANKER COAL GROUP, INC.
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(Exact Name Of Registrant As Specified in Its Charter)
Delaware 333-39643 52-1990183
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(State or other (Commission File (I.R.S. Employer
jurisdiction of incorporation Number) Identification No.)
or organization)
2708 Cranberry Square
Morgantown, West Virginia 26508
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(Address Of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (304) 594-1616
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ANKER COAL GROUP, INC.
FORM 8-K
TABLE OF CONTENTS
ITEM 5. Other Events................................................ 1
ITEM 7. Financial Statements and Exhibits........................... 1
Signature Page....................................................... 2
Exhibit Index........................................................ 3
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ITEM 5. OTHER EVENTS
Anker Coal Group, Inc. issued the attached press release on May 28,
1999.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
Press Release dated May 28, 1999
1
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SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
ANKER COAL GROUP, INC.
/s/ P. BRUCE SPARKS
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P. Bruce Sparks
President
Date: May 28, 1999
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EXHIBIT INDEX
EXhibit No. Description
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99.C Press Release dated May 28, 1999
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FOR IMMEDIATE RELEASE:
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May 28, 1999
Morgantown, WV -- In order to address certain of the contingencies
related to liquidity that were identified in its report on Form 10-Q for the
quarter ended March 31, 1999, Anker Coal Group, Inc. has decided to explore
alternatives to obtain additional sources of liquidity. Such additional
liquidity facilities or transactions may compliment or replace the proposed
restructuring of its Senior Notes described in the Company's April 15, 1999
press release and in filings with the SEC. Consummation of the proposed Senior
Notes restructuring transaction will not occur, if at all, except in
conjunction with the establishment of additional sources of liquidity which are
satisfactory to the Company. The sources and terms of additional liquidity
have not been identified or established. The Company cannot give any assurance
that it will be able to secure additional liquidity or complete any
restructuring or what the time frame for these transactions will be.
Anker Coal Group, Inc. and its subsidiaries produce and sell coal used
principally for electric generation and steel production in the eastern United
States.
