UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
--------------------------------------------------------
NOTIFICATION OF LATE FILING
OF
FORM 10-K FOR THE PERIOD ENDED JUNE 30, 1997
PART I - REGISTRANT INFORMATION
Full Name and Former Name (if applicable) and Principal Executive Office of
Registrant:
AMERICAN EAGLE RESOURCES
P.O. Box 859
Virginia City, Nevada 89440
PART II - RULES 12B25(B) AND (C)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b25(b), the
following should be completed.
__x__ (a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or expense;
__x__ (b) The subject annual report on Form 10-K will be filed on or
before the fifteenth calendar day following the prescribed due date; and
__x__ (c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached, if applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-K could not be
filed within the prescribed time period.
Deloitte & Touche LLP, registrant's auditors used a software program on
registrant's audited financial statements for the period ended June 30, 1997
and provided registrant with a disk of same on September 26, 1997, one day
prior to the due date for filing of the Form 10-K. Registrant has been unable
to convert certain imbedded objects created with an EXCEL program (namely
tables which comprise the entire audit) into EDGAR format. Registrant is in
the process of re-typing the audit without
the EXCEL Codes and imbedded objects so that the text may be converted and
transmitted via EDGAR, as required.
PART IV - OTHER INFORMATION
<TABLE>
<CAPTION>
<S> <C>
(1) Name and telephone number of person to contact in regard to this notification:
Michael J. Morrison, Esq.
Attorney for Registrant
(702) 827-6300
</TABLE>
(2) Have all other period reports required under Section 13 or 15(d) of
the Securities Exchange Act of 1934 or Section 30 of the Investment Company
Act of 1940 during the preceding 12 months period that registrant was
required to file such reports been filed? If answer is no, identify
report(s). __x__ Yes _____No
(3) Is it anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be reflected by
the earnings statements to be included in the subject report or portion
thereof? ___Yes __x__No
- -
- -----------------------
AMERICAN EAGLE RESOURCES, INC. has caused this notification to be signed on
its behalf by the undersigned hereunto duly authorized.
Date: September 30, 1997 By: /s/ James E. McKay, Business Manager
Authorization for Representative Signature on Form 12b-25:
RESOLUTION OF THE BOARD OF DIRECTORS OF AMERICAN EAGLE RESOURCES, INC.
Be it resolved that on this 26th day of September, 1997, the Board of
Directors of American Eagle Resources, Inc., a Nevada corporation, unanimously
consented to the authorization of Jim McKay, an authorized representative of
the corporation, to execute a Form 12b-25 Notification of Late Filing of the
Annual Form 10-K to the U.S. Securities and Exchange Commission.
Dated: September 26, 1997 /s/ Walter Berukoff, President
