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
May 23, 1997
(Date of Report)
SILVERADO GOLD MINES LTD.
-------------------------
(Exact Name of Registrant as specified in its charter)
British Columbia, Canada
------------------------
(State or other jurisdiction of incorporation)
0-12132 98-0045034
- ------------------------ --------------------------
(Commission File Number) (IRS Employer I.D. Number)
Suite 505, 1111 West Georgia Street
Vancouver, British Columbia, Canada V6E 4M3
-------------------------------------------
(Address of principal executive offices including zip code)
(604) 689-1535
--------------
(Registrant's telephone number including area code)
<PAGE>
Item 5 Other Events
Information concerning approval of resolutions approved by the shareholders at
the Annual General Meeting of Shareholders is incorporated by reference from the
Press Release dated May 21, 1997 which is filed as Exhibit 99 to this Report.
Item 7 Financial Statements and Exhibits
(c) Exhibits
99 Press Release dated May 21, 1997
<PAGE>
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, thereunto duly authorized, on this 23 day of May, 1997 .
SILVERADO GOLD MINES LTD.
By: /s/ G. L. Anselmo
------------------
G. L. ANSELMO
President, Chief Executive Officer
77% Voter Turnout
Highlights Silverado
1997 Annual General Meeting
MAY 21, 1997 - SILVERADO MINES LTD. NASDAQ - GOLDF (temporary trading symbol -
GLDDF - from May 23, 1997 for approximately 10 days)
The directors of Silverado are pleased to announce the results of today's Annual
General Meeting of the company's shareholders.
Silverado Mines Ltd. name has been changed to Silverado Gold Mines Ltd.; in
order to properly reflect the company's primary business - gold mining.
A "Shareholder Rights Plan" has been approved which will cause any contending
takeover parties, whether friendly or not, to pay a respectable and proper price
for Silverado shares.
The shareholders of the company have approved a plan to return to shareholders,
fourteen (14) shares of Silverado Gold Mines Ltd. for every thirteen (13) shares
of Silverado Mines Ltd. they surrender to the company's trust agent. A transfer
form and letter of instruction will be sent to all shareholders for the purpose
of facilitating this transaction.
A 77% voter turnout also approved the re-election of directors standing for
election, being, Garry L. Anselmo, K. Maxwell Fleming and James F. Dixon. In
addition, the company's share capital has been increased by 25,000,000 shares.
The company's directors wish to thank all shareholders for their continued
strong support and for the support of the corporate goals they have set.
ON BEHALF OF THE BOARD
SILVERADO MINES LTD.
/s/ G. L. Anselmo
G. L. Anselmo
President & CEO
Silverado Mines Ltd.
505-1111 W. Georgia St.
Vancouver, BC V6E 4M3
Tel: (800)665-4646
Tel: (604)689-1535
Fax: (604)682-3519
EMail: [email protected]
www.silverado.com
