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: 58,406,493.
3. Number of shares outstanding after the change: 64,071,493.
4. Effective date of change: April 3, 1997.
5. Method of change: Issues of shares from treasury.
Give brief description of transaction: 665,000 shares issued as exercise of
options; 5,000,000 shares issued under 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: 4/10/97
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Silverado Mines Ltd.
By: /s/ G.L. Anselmo
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G.L. Anselmo, President