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 1, 1996
GAENSEL GOLD MINES, INC.
(Exact name of registrant as specified in its charter)
Nevada
(State or other jurisdiction of incorporation)
0-12825 84-0916272
(Commission File Number) (IRS Employer Identification No.)
74-900 Highway 111, Suite 121, Indian Wells, California 92210
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (619) 836-3350
1952 South Pontiac, Denver, Colorado 80224
(Former Address)
Page 1 of 3 pages
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Item 1. Change in Control of Registrant.
On February 1, 1996, the Company issued 2,000,000 shares in payment of
investment banking fees of $100,000. These fees related to an acquisition of a
Taiwanese video store chain which did not close. Investment banking services
were rendered in April 1995.
The following table lists the holders of more than 5% of the Company's
common stock. All share numbers reflect a 1-for-100 reverse stock split
reflected on the stock transfer agent records and the public trading market on
or about February 28, 1996:
Number
Name of Shares Percent(1)
Dempsey K. Mork 2,008,000 96.5%
President and Director
(1) Based on 2,072,125 shares outstanding.
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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.
Dated: June 25, 1996 GAENSEL GOLD MINES, INC.
By: /s/Dempsey K. Mork,
Name: Dempsey K. Mork
President
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