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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): February 16, 2000
ANKER COAL GROUP, INC.
(Exact Name Of Registrant As Specified in Its Charter)
Delaware 333-39643 52-1990183
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(State or other jurisdiction of (Commission File (I.R.S. Employer
incorporation or organization) Number) Identification No.)
2708 Cranberry Square 26508
Morgantown, West Virginia
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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 February 16,
2000.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99.1 Press Release dated February 16, 2000
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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/ Bruce Sparks
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Bruce Sparks
President
Date: February 16, 2000
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FOR IMMEDIATE RELEASE
February 16, 2000
Anker Coal Group's CFO Resigns
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Morgantown, WV - Anker Coal Group, Inc. announced today that its Treasurer
and Chief Financial Officer, Michael M. Matesic, resigned. Over the past 11
years, Mr. Matesic has held various accounting and financial positions with the
Company and its subsidiaries, and has served as Treasurer and CFO since October
1997. With the recent completion of the Company's financial restructuring, Mr.
Matesic resigned his position to pursue other business opportunities.
Bruce Sparks, President of the Company, noted that "Mike made substantial
contributions to the Company in his positions over the years. In addition, he
was an important member of the Company's management team, particularly during
its years of rapid growth in the mid to late 1990s. The Company wishes Mike
every success in his future endeavors."
The Company also announced that it will begin a search for a new CFO
immediately. In the interim, Mr. Sparks will serve as the Company's Chief
Financial Officer. Mr. Sparks previously served in that position from June 1985
to October 1997.
Anker Coal Group, Inc. and its subsidiaries produce and sell coal used
principally for electric generation and steel production in the eastern United
States.
For information, contact Bruce Sparks, President and CFO, Anker Coal Group,
Inc. at (304) 594-1616.