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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/A
AMENDMENT NO. 1
/X/ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 1997
OR
/ / TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from ______ to _______
Commission File Number 1-4350
ROYAL OAK MINES INC.
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(Exact name of registrant as specified in its charter)
ONTARIO, CANADA 98-0160821
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(State or other jurisdiction of (I.R.S. Employer Identification
incorporation or organization) No.)
c/o Royal Oak Mines (USA) Inc.
5501 Lakeview Drive
Kirkland, Washington
U.S.A. 98033
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(Address of principal executive (Postal/Zip Code)
offices)
(425) 822-8992
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Registrant's telephone number,
including area code
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
filing requirements for the past 90 days. Yes X No _
Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.
Common shares outstanding as of April 30, 1997 was 140,795,079. This includes
1,924,816 shares which are owned by a wholly owned subsidiary of the Company
and may not be voted, and are not considered outstanding for accounting
matters, including earnings per share calculations.
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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.
ROYAL OAK MINES INC.
Date: August 25, 1997 By /s/ Margaret K. Witte
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Margaret K. Witte
President and Chief
Executive Officer
Date: August 25, 1997 By /s/ James H. Wood
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James H. Wood
Chief Financial Officer
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEETS AND CONSOLIDATED STATEMENTS OF OPERATIONS
FOUND IN THE COMPANY'S FORM 10-Q FOR THE YEAR-TO-DATE, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1,000
<CURRENCY> CANADIAN
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> MAR-31-1997
<EXCHANGE-RATE> 1.3841
<CASH> 113,761
<SECURITIES> 590
<RECEIVABLES> 50,858
<ALLOWANCES> 0
<INVENTORY> 82,965
<CURRENT-ASSETS> 262,185
<PP&E> 555,575
<DEPRECIATION> 61,394
<TOTAL-ASSETS> 810,207
<CURRENT-LIABILITIES> 76,872
<BONDS> 242,218
0
0
<COMMON> 378,925
<OTHER-SE> 64,440
<TOTAL-LIABILITY-AND-EQUITY> 810,207
<SALES> 47,484
<TOTAL-REVENUES> 47,484
<CGS> 56,915
<TOTAL-COSTS> 56,915
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 2,042
<INCOME-PRETAX> (12,008)
<INCOME-TAX> (3,895)
<INCOME-CONTINUING> (8,113)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (8,113)
<EPS-PRIMARY> (0.06)
<EPS-DILUTED> (0.06)
</TABLE>
