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
January 19, 1998
ROYAL OAK MINES INC.
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(Exact name of registrant as specified in its charter)
Commission File Number 1-4350
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 offices) (Postal/Zip Code)
(425) 822-8992
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Registrant's telephone number, including
area code
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Item 5. Other Events
On January 19, 1998, the Registrant issued the following press release:
[Royal Oak Mines Inc. Press Release Letterhead]
FOR IMMEDIATE RELEASE FROM KIRKLAND
January 19, 1998
Over the Weekend Royal Oak Finalizes Arrangements
to Receive Consents from the Majority of the Senior Subordinated Note Holders
Royal Oak Mines Inc. (TSE and AMEX: RYO) announces today that over the weekend
it has reached agreement with the majority of the aggregate amount of its Senior
Subordinated Note holders and consents acceptable to the senior lenders will be
delivered to the Company. The Company plans to draw down the funds this week
from its US$44 million senior financing previously closed in escrow.
For further information contact: or in Europe contact:
Mr. J. Graham Eacott Mr. David Williamson
or Mr. Nick Volk David Williamson Associates Limited
Royal Oak Mines International Investor Relations
5501 Lakeview Drive 15 St. Helen's Place, 3rd Floor
Kirkland, WA 98033-7314 London, England EC3A 6DE
Telephone: (425) 822-8992 Telephone: 011-44-171-628-3989
Facsimile: (425) 822-3552 Facsimile: 011-44-171-920-0563
Internet site: http://www.royal-oak-mines.com
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SIGNATURE
Pursuant to the requirements of Section 12 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: January 19, 1998 By: /s/ James H. Wood
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James H. Wood
Chief Financial Officer
