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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
December 5, 1997
(Date of Report)
SOLV-EX CORPORATION
(Exact Name of Registrant as specified in its charter)
New Mexico
(State or other jurisdiction of incorporation)
0-9897 85-0283729
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(Commission File Number) (IRS Employer Identification Number)
2127 Menaul NE, Albuquerque, New Mexico 87107
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(Address of principal executive offices including zip code)
(505) 883-0331
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(Registrant's telephone number including area code)
500 Marquette Avenue NW, Suite 300, Albuquerque, New Mexico 87102
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(Former name or former address, if changed since last report)
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ITEM 4. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANTS
(a) On December 5, 1997 KPMG Peat Marwick resigned as the Registrant's
principal independent accountant. Financial Statements of the Registrant for
the past two years prepared by KPMG Peat Marwick did not contain an adverse
opinion, a disclaimer of opinion, or were qualified or modified as to
uncertainty, audit scope or accounting principles. The decision was made by
KPMG Peat Marwick, and was neither approved nor disapproved by the Registrant's
audit committee or Board of Directors. During the two most recent fiscal years
there has been no disagreements with KPMG Peat Marwick on any matter of
accounting principles or practices, financial statement disclosure, or auditing
scope or procedure, which disagreement, if not resolve to the satisfaction of
KPMG Peat Marwick would have caused it to make a reference to the subject matter
of the disagreement in connection with its report.
(b) The Registrant has not engaged any firm of accountants to act as its
principal independent accountant as successor to KPMG Peat Marwick. The
Registrant has not consulted any such firm regarding any accounting
principles or disagreements with its former principal independent accountant.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) and (b) FINANCIAL STATEMENTS:
None
(c) EXHIBITS
16. Letter from KPMG Peat Marwick dated December 5, 1997, addressed to
the Securities and Exchange Commission.
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SIGNATURES
Pursuant to 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 thereunto duly authorized.
January 27, 1998 SOLV-EX CORPORATION
(Registrant)
By /s/ JOHN S. RENDALL
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John S. Rendall, Chairman
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[LETTERHEAD]
December 5, 1997
Mr. John S. Rendall
Chairman and CEO
Solv-Ex Corporation
2121 Menaul NE
Albuquerque, NM 87107
Dear Mr. Rendall:
This letter is to notify you that for business reasons, KPMG Peat Marwick LLP
resigns, effective immediately, from its client auditor relationship with
Solv-Ex Corporation.
Very truly yours,
KPMG PEAT MARWICK LLP
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KPMG Peat Marwick LLP
cc: Office of the Chief Accountant
SECPS Letter Files
Securities and Exchange Commission
Mail Stop 9-5
450 Fifth Street NW
Washington, DC 20549
