UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
INTERDEALER QUOTATION SYSTEM
Filed pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
and Rule 13a-17 or 15d-17 thereunder
Silverado Mines Ltd.
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(Exact name of issuer as specified in charter)
Suite 505, 1111 West Georgia Street, Vancouver, BC Canada V6E 4M3
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(Address of principal executive offices)
Issuer's telephone number, including area code: (604) 689-1535
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the number of shares
outstanding:
1. Title of security: Common Stock, no par value.
2. Number of shares outstanding before the change: 50,556,493.
3. Number of shares outstanding after the change: 54,906,493.
4. Effective date of change: October 16, 1996.
5. Method of change: Issues of shares from treasury.
Give brief description of transaction: 3,750,000 shares issued as exercise
of options; 600,000 shares issued in accordance with the provisions of
Regulation "S".
II. CHANGE IN NAME OF ISSUER
1. Name prior to change: ___________________________________________________.
2. Name after change: _______________________________________________________.
3. Effective date of charter amendment changing name: ________.
4. Date of shareholder approval of change, if required: ________.
Date: 10/23/96
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Silverado Mines Ltd.
By: /J.P. Tangen/
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J.P. Tangen, President
