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: June 19, 1997
Foxmoor Industries, Ltd.
(Exact Name of Registrant as specified in its charter)
Colorado
000-11333 84-0862501
Commission File Number IRS Identification No.
3801 E. Florida Avenue, Suite 105, Denver, Colorado 80210
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Address of Principal Executive Office Postal Code
303-759-4626
Registrant's telephone number including area code
Item 7. Financial Statements and Exhibits
(c) 1. Press Release dated June 18, 1997.
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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 hereunto duly authorized.
FOXMOOR INDUSTRIES, INC.
Date: June 19, 1997 By: /s/ Paul H. Eagland
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Paul H. Eagland
Chairman and Chief Executive Officer
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PRESS RELEASE
FOR IMMEDIATE RELEASE
THURSDAY, JUNE 18, 1997 AT 2:30 PM M.D.T.
FOXMOOR INDUSTRIES LTD.
FOXMOOR INDUSTRIES LTD. ANNOUNCES BOARD ELECTIONS AND
INVESTIGATION INTO FINANCIAL REPORTING
Foxmoor Industries Ltd. (NASDAQ: FOXI) announced today that Paul Eagland,
Michael Smith and Ross Corace were elected to the Company's Board of Directors
at the Annual Meeting held June 16 in Denver. Mr. Eagland was appointed Chairman
and Chief Executive Officer of the Company.
The Company also announced that it has commenced an investigation into the
financial position of the Company and its financial reporting practices. Mr.
Paul Eagland, newly-elected Chairman and Chief Executive Officer said, "After
our initial review of the Company's financial position, we have concerns about
the true value of the Company's assets and the accuracy of its prior financial
reporting. We are conducting a thorough review of the Company's books and
records and hope to be in position within the next week to provide our
shareholders and the investment community with a report on the Company's
financial position."
CONTACT: Paul Eagland at (604) 538-2221
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