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
February 10, 2000
Date of Report (date of earliest event reported)
SILVERTHORNE PRODUCTION COMPANY
(Exact name of registrant as specified in its charter)
Colorado 0-11730 84-0189377
- ----------------------------- ------------------------ --------------------
(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification Number)
7001 Seaview Avenue NW, Suite 210, Seattle, Washington 98117
- ------------------------------------------------------- ----------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (206) 297-6151
<PAGE>
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits.
Exhibit 99 Press Release dated February 10, 2000, that is being
filed pursuant to Rule 135c.
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.
SILVERTHORNE PRODUCTION COMPANY
Dated: February 10, 2000 By:/s/Jimmy L. Boswell
--------------------------
Jimmy L. Boswell, President
EXHIBIT 99
Silverthorne Raises $5.85 Million Through Private Placements
SEATTLE, Feb. 10 /PRNewswire/ -- Silverthorne Production Company (OTC Bulletin
Board: SLTH) announced today that it has completed private placements raising
$5.85 million. The private placements were conducted in Europe and the Middle
East from September through December 1999, and resulted in sales of
approximately 12.5 million shares of common stock at prices of $0.38 per share
and $1.60 per share.
Darrell H. Hughes, chairman and chief executive officer of Silverthorne, said
proceeds from the private placements will be used to provide Silverthorne with
working capital for its Cognigen operating division and for Aquila International
Telecommunications, Inc., which Silverthorne proposes to acquire.
The shares sold were not registered under the Securities Act of 1933, as
amended, and may not be offered or sold in the United States absent registration
or an applicable exemption from the registration requirements.
SOURCE Silverthorne Production Company
0- 02/10/2000
/CONTACT: Darrell H. Hughes, Chairman and Chief Executive Officer, or
Peter Tilyou, Investor Relations, both of Silverthorne Production Company,
206-297-3900; or Julie Crandall or Rosemary Moothart, Corporate and Investor
Relations, of Pondel/Wilkinson Group, 310-207-9300/
(SLTH)
