U.S. 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: March 30, 2000
INTERGOLD CORPORATION
(Exact name of small business issuer as specified in its charter)
NEVADA
(State or other Jurisdiction as Specified in Charter
00-25455 88-0365453
(Commission file number) (I.R.S. Employer Identification No.)
5000 Birch Street, West Tower, Suite 4000
Newport Beach, California 92660
(Address of Principal Executive Offices)
(949) 476-3611
(Issuer's telephone number)
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Items 1 through 4 and 6 through 8 not applicable.
Item 5. Other Events
The board of directors of Intergold Corporation, a Nevada corporation (the
"Company") authorized the future execution of settlement agreements with certain
creditors of the Company and of the Company's wholly-owned subsidiary,
International Gold Corporation, a Nevada corporation ("INGC"), and the
subsequent issuance of 20,345,900 shares of its restricted common stock.
The Company and INGC has incurred debt inclusive of accrued interest in the
aggregate amount of $610,377.52 with certain creditors of the Company and INGC
(the "Creditor(s)"). Such debt due and owing by the Company and INGC relates
either to past financial, administrative and managerial services performed by
the respective Creditor pursuant to consulting service agreements entered into
with the Company and/or prior advances made by the respective Creditor to the
Company as follows:
Name Amount of Debt
Tristar Financial Services, Inc. $ 42,220.54
Investor Communications International, Inc. $ 197,940.54
Amerocan Marketing, Inc. $ 87,870.00
Sandy Cox $ 265,346.44
Others $ 17,000.00
Therefore, the Company entered into separate settlement agreements dated
March 30, 2000, respectively, with each Creditor (the "Settlement
Agreement(s)"), whereby each Creditor agreed to settle the debt owned to it by
the Company and/or INGC and accept the issuance of restricted common shares of
the Company at the rate of $0.03 per share as settlement for all interest and
principle due and outstanding to such Creditor as of the date of the Settlement
Agreement.
On March 30, 2000, the Company issued 20,345,900 of its restricted common
shares to the Creditors.
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SIGNATURES
In accordance with the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
INTERGOLD CORPORATION
Date: March 30, 2000 By: /s/ Gary J. Powers
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Gary J. Powers, President
Date: March 30, 2000 By: /s/ Grant Atkins
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Grant Atkins, Secretary
