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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON DC 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 AND 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): March 24, 1997
BRUSH CREEK MINING AND DEVELOPMENT CO., INC.
(Exact name of registrant as specified in its charter)
Nevada 0-12761 88-0180496
(State or other (Commission (IRS Employer
jurisdiction of file number) IdentificationNo.)
incorporation)
970 East Main Street, Suite 200, Grass Valley, CA 95945
(Address of principal executive officer) (Zip Code)
Registrant's telephone number, including area code 916-477-5961
Item 5. Other Events
Brush Creek Mining & Development Co., Inc. has signed an agreement with the
plaintiffs in the Royal Bank of Scotland case to extend the time period for
paying $629,000 to them due under the settlement agreement until May 15, 1997.
In consideration for that agreement, Brush Creek has agreed to pay the legal
fees of the Royal Bank of Scotland group incurred in negotiating and drafting
the agreement and an additional $50,000 to be added at Brush Creek's option to
the final payment due in either June 1997 or December 1997.
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 hereunto duly authorized.
BRUSH CREEK MINING AND
DEVELOPMENT CO., INC.
Dated: March 24, 1997 By: /s/ James S. Chapin
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James S. Chapin
Chief Financial Officer
