<PAGE>
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
------------------
FORM S-8
REGISTRATION STATEMENT
UNDER THE
SECURITIES ACT OF 1933
COMMISSION FILE NUMBER: 0-12185
ALASKA APOLLO RESOURCES INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
PROVINCE OF BRITISH COLUMBIA NOT APPLICABLE
(STATE OR OTHER JURISDICTION OF (I.R.S. EMPLOYER
INCORPORATION OR ORGANIZATION) IDENTIFICATION NO.)
131 PROSPEROUS PLACE, SUITE 17-A 40509-1844
LEXINGTON, KENTUCKY (ZIP CODE)
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
NOT APPLICABLE
(FULL TITLE OF PLAN)
WILLIAM S. DAUGHERTY, 131 PROSPEROUS PLACE, SUITE 17-A,
LEXINGTON, KENTUCKY 40509-1844
(NAME AND ADDRESS OF AGENT FOR SERVICE)
TELEPHONE NUMBER, INCLUDING AREA CODE, OF AGENT FOR SERVICE: (606) 263-3948
CALCULATION OF REGISTRATION FEE
<TABLE>
<CAPTION>
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PROPOSED MAXIMUM PROPOSED MAXIMUM
TITLE OF EACH CLASS OF SECURITIES AMOUNT OF SHARES OFFERING PRICE PER AGGREGATE OFFERING REGISTRATION
TO BE REGISTERED TO BE REGISTERED SHARE PRICE FEE (1)
- -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
COMMON STOCK, WITHOUT PAR
VALUE PER SHARE................ 352,245 $0.38 $133,853.10 $46.16
48,048 0.41 19,699.68 6.79
22,727 0.46 10,454.42 3.60
260,792 0.50 130,396.00 44.96
- -------------------------------------------------------------------------------------------------------------------------
TOTAL 683,812 $294,403.20 $101.51
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</TABLE>
(1) The registration fee applies to all of the shares of the Common Stock to be
issued as a result of this Registration Statement.
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<PAGE>
ALASKA APOLLO RESOURCES INC.
DOCUMENTS CONSTITUTING A SECTION 10(a) PROSPECTUS
PURSUANT TO A FORM S-8 REGISTRATION STATEMENT
FILED JULY 9, 1996
THIS DOCUMENT CONSTITUTES PART OF A PROSPECTUS COVERING
SECURITIES THAT HAVE BEEN REGISTERED UNDER
THE SECURITIES ACT OF 1933
In connection with the Registration Statement on Form S-8 (the
"Registration Statement") filed by Alaska Apollo Resources Inc. (the "Company")
with the Securities and Exchange Commission on July 9, 1996, the following shall
constitute a prospectus that meets the requirements of Section 10(a) of the
Securities Act of 1933:
1. GENERAL PLAN INFORMATION.
(a) The following letter agreements (the "Letter Agreements") between
the Company and the below described individuals and firms (the "Participants")
with respect to the payment of fees and the shares of the Company's common
stock, without par value per share (the "Securities"), and the price per share
at which the Securities are to be issued to the Participants in payment of their
fees are more fully described in Exhibit "A" attached hereto and incorporated
herein by reference for all purposes:
Price per Number of
Name Fees Share Shares
- ---- ---- ----- ------
Robert L. McIntyre $19,800 $0.41 48,048
Robert L. McIntyre 15,000 0.50 30,000
Robert L. McIntyre 10,000 0.46 22,727
Norman T. Reynolds 56,333 0.38 148,245
Fred Mercer & Associates, Inc. 16,100 0.50 32,200
CFO Services, Inc. 95,416 0.50 190,832
BCD Softech, Inc. 3,880 0.50 7,760
------- -------
Total $216,529 479,812
------- -------
------- -------
(b) In addition to the Plan Participants described in Paragraph 1(a)
above, various employees of the Company are also Plan Participants. Pursuant to
resolutions passed by the Board of Directors of the Company, these employees
have been granted bonuses to be payable in Securities of the Company, at a price
per share equal to $0.38, in the following amounts:
1
<PAGE>
Name of Employee 1994 1995 Total
- ---------------- ---- ---- -----
William S. Daugherty 25,000 25,000 50,000
Timothy F. Guthrie 25,000 25,000 50,000
William G. Barr III 25,000 25,000 50,000
D. Michael Wallen -0- 25,000 25,000
Ronnie H. Meeks 5,000 5,000 10,000
Donald L. Brown 5,000 5,000 10,000
Clarence R. Smith -0- 3,000 3,000
Lisa M. Bottoms -0- 1,500 1,500
Roy Gray -0- 1,000 1,000
Jerry S. Higgins 1,000 1,000 2,000
Billy R. Keck -0- 1,500 1,500
----- ----- -----
Total 86,000 118,000 204,000
------ ------- -------
------ ------- -------
(c) The Letter Agreements and the minutes containing the resolutions
of the Board of Directors of the Company granting the bonuses to the employees
described herein constitute an employee benefit plan as described in Rule 405
promulgated under the Securities Act of 1933 (the "Plan"). The Securities will
be offered pursuant to the Plan.
(d) The general nature and purpose of the Plan is allow for the
payment of fees and bonuses due and owing by the Company to the Participants in
the form of the Company's registered Securities. The Plan will terminate as
soon after October 31, 1996 as the Securities called for in the Plan have been
issued to the Participants, which date will not exceed December 31, 1996. It is
not contemplated that the Plan will be subject to modification or extension.
(e) The Plan does not have any administrators. However, the
Participants may contact the Company at the address or telephone number
described in Paragraph 11 below to obtain additional information about the Plan.
(f) The Plan is not subject to the Employee Retirement Income
Security Act of 1974. All of the Participants are employees, consultants or
advisors who have provided provide bona fide services to the Company, none of
such services being in connection with the offer or sale of Securities of the
Company in a capital-raising transaction.
2. SECURITIES TO BE OFFERED. The Securities to be offered pursuant to
the Plan are shares of the Company's common stock, without par value per share.
The common stock of the Company has been registered under Section 12 of the
Securities Exchange Act of 1934.
3. EMPLOYEES WHO MAY PARTICIPATE IN THE PLAN. Only the Participants
described above may participate in the Plan.
2
<PAGE>
4. PURCHASE OF SECURITIES PURSUANT TO THE PLAN AND PAYMENT FOR SECURITIES
OFFERED.
(a) Each Participant may participate in the Plan only for so long as
it takes to file the Registration Statement and issue the Securities to the
Participants as called for herein. Thereafter, no Participant shall have any
further interest in the Plan. The only Securities to be purchased by a
Participant are described herein or in a Participant's particular Letter
Agreement. The purchase price per share of the Company's Securities for each of
the Participants is as set forth above.
(b) Payment for the Securities to be purchased by any of the
Participants pursuant to the Plan will be the extinguishment of any further
liability by the Company to any such Participant with respect to the obligations
described herein.
(c) There will be no reports delivered to the Participants as to the
amounts and status of their accounts.
(d) The Securities will be issued to the Participants, who may sell
the Securities in the open market. The Company will receive no fees or other
compensation for the Securities other than the extinguishment of the debts to
the Participants as described herein.
5. RESALE RESTRICTIONS. There will be no restrictions on the resale of
the Securities by the Participants.
6. TAX EFFECTS OF PLAN PARTICIPATION. The receipt of the Securities by
the Participants will be the receipt of ordinary income since the Securities
will have been received by the Participants in exchange for services.
Consequently, the Participants will be taxed currently for the value of the
Securities pursuant to Section 61 of the Internal Revenue Code of 1986, as
amended.
7. INVESTMENT OF FUNDS. There is no provision under the Plan whereby the
Participants may direct the investment of all or any part of the assets under
the Plan.
8. WITHDRAWAL FROM THE PLAN; ASSIGNMENT OF INTEREST. No Participant will
be able to withdraw from, terminate, or assign its interest in the Plan.
9. FORFEITURES AND PENALTIES. There is no event which could, under the
Plan, result in a forfeiture by, or a penalty to, a Participant.
10. CHARGES AND DEDUCTIONS, AND LIENS THEREFOR. There are no charges and
deductions that may be made against the Participants, the Securities, or assets
of the Plan, or the creation of any lien on any funds, securities, or other
property held under the Plan.
11. INFORMATION CONTAINED IN THE REGISTRATION STATEMENT. The Company
shall furnish to the Participants, without charge, upon written or oral request,
the documents incorporated by reference in Item 3 of Part II of the Registration
Statement, all of such documents being incorporated
3
<PAGE>
by reference in this Section 10(a) Prospectus. The Company shall also furnish
to the Participants, without charge, upon written or oral request, any other
documents required to be delivered to employees of the Company pursuant to Rule
428(b) promulgated under the Securities Act of 1933. Any such request should be
directed to the Company at 131 Prosperous Place, Suite 17-A, Lexington, Kentucky
40509, telephone (606) 263-3948, and telecopier (606) 263-1312.
12. INFORMATION CURRENTLY FURNISHED. Each Participant has been furnished
with a copy of the Company's Form 10-K/A for the fiscal year ended December 31,
1995.
13. INFORMATION TO BE FURNISHED IN THE FUTURE. The Company shall deliver
to each Participant copies of all reports, proxy statements and other
communications distributed to its security-holders generally, and such material
shall be sent or delivered no later than the time that it is sent to security-
holders of the Company.
Attachments:
Exhibit "A" - The Letter Agreements
4
<PAGE>
ALASKA APOLLO RESOURCES INC.
FORM S-8 PROSPECTUS
EXHIBIT "A"
LETTER AGREEMENTS
<PAGE>
BREEDING, McINTYRE & CUNNINGHAM, P.S.C.
ATTORNEYS AT LAW
300 WEST VINE STREET SUITE 500
KINCAID TOWERS
LEXINGTON, KY 40507-1809
October 1, 1995
Mr. Timothy F. Guthrie
Alaska Apollo Resources Inc.
131 Prosperous Place Suite 17
Lexington, KY 40509
Re: Engagement Agreement for Legal Services
Dear Mr. Guthrie:
For the period October 1, 1995, through May 31, 1996, in connection with
the above captioned matter, I agree to provide legal services to Alaska Apollo
Resources Inc., and/or Daugherty Petroleum, Inc., as follows:
1. Handle all routine corporate and natural resource matters exclusive of
securities, tax and litigation.
2. Advise the personnel of the company and counsel them as to legal
issues concerning the conduct of the companies businesses.
3. All other legal services, such as opinion letters and legal research
regarding assigned matters.
My fee for the above described services shall be $5,000.00 per month,
payable every three months as earned and invoiced. In the event that our
relationship should be terminated at a time when I have not fully earned all of
my fee, I shall reimburse the Company for any such unearned portion.
At the present time, Alaska Apollo Resources Inc. owes me $4,700.00, and I
agree to accept freely trading stock of Alaska Apollo Resources Inc. worth
$4,700.00. At the end of each month from October, 1994, until March, 1995, I
agree to take freely trading stock of Alaska Apollo Resources Inc. worth
$5,000.00 in exchange for services rendered by me as described in paragraphs 1-3
above during each of such months through May 31, 1996. Consequently, the total
amount owed to me for past services and to be owed to me for future services
through May 31, 1996, as contemplated by the letter is $44,700.00.
Alaska Apollo Resources Inc. will cause to be prepared and file the
required Form S-8 to accomplish the issuance of the stock worth $44,700.00.
Stock worth $4,700.00 will be issued to me along with the first quarterly
distribution of stock. Stock worth $15,000.00 will be issued to me at
<PAGE>
the end of each quarter for two quarters and stock worth $10,000.00 will be
issued to me after May 31, 1996. In this regard, the stock to be issued to me
will be valued at the "bid" price for such stock as of the close of NASDAQ on
the following dates:
Period Valuation Date
------ --------------
October 1 - December 31, 1995 December 31, 1995
January 1 - March 31, 1996 March 31, 1996
April 1 - May 30, 1996 May 30, 1996
It is agreed that my willingness to accept freely trading stock of Alaska
Apollo Resources, Inc., in exchange for legal services to be rendered by me
shall continue only for long as there is a market being made for such stock and
such stock can be readily sold in the open market. If no such market exists,
then I shall be paid in cash.
I certify that none of the legal services for which I am to be paid with
S-8 stock were performed in connection with the offer or sale of securities in a
capital-raising transaction. I am directing you to issue the certificates
representing the shares to be issued pursuant to this letter to the name of
Robert L. McIntyre.
If the foregoing meets with your approval, please sign and date a copy of
this letter and return same to me. I understand that the agreement contained
herein is subject to ratification by the Board of Directors of Alaska Apollo
Resources Inc. Please let me know when such ratification has been obtained.
Very truly yours,
/s/ Robert L. McIntyre
Robert L. McIntyre
RLM\lmb
The foregoing is accepted and agreed to
this 1st day of October, 1995.
ALASKA APOLLO RESOURCES INC.
By /s/ Timothy F. Guthrie
-------------------------------------------
Timothy F. Guthrie, Chief Financial Officer
<PAGE>
NORMAN T. REYNOLDS
ATTORNEY AT LAW
MEDIATOR
909 FANNIN STREET, SUITE 1600
POST OFFICE BOX 131326
HOUSTON, TEXAS 77219-1326
TELEPHONE: (713) 651-0244
TELECOPIER: (713) 651-1132
E MAIL: [email protected]
June 27, 1966
Mr. Timothy F. Guthrie
Daugherty Petroleum, Inc.
131 Prosperous Place, Suite 17-A
Lexington, Kentucky 40509
Re: Invoices of Norman T. Reynolds and Form S-8 Registration Statement
Dear Tim:
I enclose my invoice for services rendered through June 26, 1996, in the
amount of $50,633.25.
I agree to finish all work currently in process for Daugherty Petroleum,
Inc. and Alaska Apollo Resources Inc. and any other work which may be required
through August 31, 1996, for the sum of $8,200, payable in advance and payable
by wire transfer in the amount of $2,500 today and $5,700 in the form of shares
of the common stock of Alaska Apollo Resources Inc. to be issued as described
below. This work includes the finalization of the Form S-4, and the preparation
of any other documents required for the removal of Alaska Apollo Resources Inc.
from British Columbia, the preparation of Form 10 for the registration of
Daugherty Petroleum, Inc. pursuant to the Securities Exchange Act of 1934, and
any required no-action letter to the Securities and Exchange Commission, and a
request for a ruling from the Internal Revenue Service with respect to the tax-
free nature of the spin-off of Daugherty Petroleum, Inc. In addition, I will
prepare and file the Form 10-Q required for the period ending June 30, 1996.
The above-described $8,200 also includes the rendering of any general corporate
and securities advice from today until August 31, 1996.
As we discussed, I agree to take shares of the common stock of Alaska
Apollo Resources Inc. in payment of all fees currently due and owing to me,
which fees total $56,333.25, and which will be registered pursuant to a Form S-8
Registration Statement. It is understood that the stock I will receive will be
valued at $0.38 per share and, as a result, I will receive 148,245 shares. It
is further understood that the Form S-8 Registration Statement will be filed
immediately and that the shares of the stock will be issued immediately upon the
effectiveness of the Registration Statement, and all other applicable laws and
regulations.
<PAGE>
If the foregoing is acceptable, please sign and date a copy of this letter
and send same to me by telecopy.
Very truly yours,
/s/ Norman T. Reynolds
Norman T. Reynolds
NTR/bwd
Enclosure
dau-1\tfgltr.003
The foregoing is agreed to this 27th day of June, 1996.
ALASKA APOLLO RESOURCES INC.
By /s/ Timothy F. Guthrie
-------------------------------------------
Timothy F. Guthrie, Chief Financial Officer
<PAGE>
FRED MERCER & ASSOCIATES, INC.
11305 QUAIL CREEK ROAD
OKLAHOMA CITY, OK 73120
January 3, 1996
Mr. Timothy F. Guthrie
Alaska Apollo Resources Inc.
131 Prosperous Place - Suite 17-A
Lexington, KY 40509
Re: Engagement Agreement for Fred Mercer & Associates, Inc.
Dear Tim:
In connection with the above captioned matter, Fred Mercer & Associates,
Inc., hereinafter referred to as "Mercer," agrees to provide services to Alaska
Apollo Resources Inc. and/or Daugherty Petroleum, Inc., as follows:
1. Consult with the Company regarding the structure and marketability of
various drilling and completion programs;
2. Consult with the Company regarding the development of relationships
with various broker/dealers; and
3. Advise the Company as to feasibility of its public and stockholder
relations activities.
Mercer's fee for the above described services, including providing its own
office space and secretarial services, shall be $1,200.00 per month. In the
event that our relationship should be terminated at a time when Mercer has not
fully earned all its fees, Mercer shall reimburse the Company for any such
unearned portion.
At the present time, Alaska Apollo Resources Inc. and Daugherty Petroleum,
Inc., owe Mercer $10,100.00 and Mercer agrees to accept freely trading stock in
Alaska Apollo Resources Inc. worth $10,100.00. Mercer further agrees to accept
additional stock worth $6,000.00 payable on or before July 1, 1996, in exchange
for the amount to be owed to it for the period from January 1, 1996, through May
31, 1996. Consequently, the total amount owed to Mercer for past services and
for future services through May 31, 1996, as contemplated by this Engagement
Agreement is $16,100.00. Alaska Apollo Resources Inc. will cause to be prepared
and will file the required Form S-8 to accomplish the issuance of the stock
worth $16,100.00. The stock to be issued will be valued at 1/2 or $.50 per
share.
<PAGE>
It is agreed that Mercer's willingness in the future to accept freely
trading stock of Alaska Apollo Resources Inc. in exchange for the above
described services to be rendered by Mercer, shall continue only for so long as
there is a market being made in such stock and such stock can be readily sold on
the open market. If no such market exists, then Mercer shall be paid in cash
for its services.
If the foregoing meets with our approval, please sign and date a copy of
this letter and return same to me. I understand that the Agreement contained
herein is subject to ratification by the Board of Directors of Alaska Apollo
Resources, Inc. Please notify me when such ratification has been obtained.
Very truly yours,
FRED MERCER & ASSOCIATES, INC.
By /s/ Fred Mercer
----------------------------------
Fred Mercer, President
The foregoing is accepted and agreed
to this 3rd day of January, 1996.
ALASKA APOLLO RESOURCES INC.
By /s/ Timothy F. Guthrie
-------------------------------------------
Timothy F. Guthrie, Chief Financial Officer
<PAGE>
CFO SERVICES, INC.
131 Prosperous Place, Suite 17
Lexington, KY 40509
October 1, 1995
Mr. William S. Daugherty
Alaska Apollo Resources Inc.
131 Prosperous Place, Suite 17-A
Lexington, Kentucky 40509
Re: Engagement Agreement for Chief Financial Officer Services
Dear Bill:
In connection with the above captioned matter, CFO Services, Inc.,
hereinafter referred to as "CFO," agrees to provide services to Alaska Apollo
Resources Inc., and/or Daugherty Petroleum, Inc., as follows:
1. Serve as the chief financial officer and Controller for Daugherty
Petroleum, Inc.;
2. Supervise all accounting staff and oversee management of financial,
accounting and SEC reporting activities;
3. Participate as a member of Daugherty Petroleum's management team; and
4. Computer consulting services, including management of the Company's
computer network, training of personnel and consultants relating to the
selection, purchase, installation, and utilization of software applications.
It is understood that you will reimburse CFO for all future costs incurred
by CFO in connection with your accounts, such as long distance telephone
charges, photocopy expenses, filing fees, travel expenses, printing and other
out-of-pocket charges directly relating to work on your accounts.
CFO's fee for the services described above in paragraphs 1-3 shall be at
the rate of $40.00 per hour, payable monthly and calculated on the basis of 155
hours per month. CFO's fee for the services described above in paragraph 4
shall be at the rate of $1,167 per month. CFO's shall further be reimbursed for
fixed expenses at the rate of $455.00 per month. In the event that actual hours
expended in the performance of the above described services is more or less than
155 hours for any month, CFO will submit detailed monthly invoices for the
actually hours expended in the performance of the services described above in
paragraphs 1-3. CFO's monthly invoices shall furthermore set forth the monthly
charges for services provided pursuant to paragraph 4 and for fixed expenses, as
well as
<PAGE>
out-of-pocket charges. Any portion of the invoices not covered by the issuance
of stock shall be due and payable in cash.
As of October 1, 1995, Alaska Apollo Resources Inc., and Daugherty
Petroleum, Inc., owe CFO $1,552.49 and in payment thereof CFO agrees to accept
freely trading stock in Alaska Apollo Resources, Inc., worth $1,552.49. CFO
further agrees to accept at the end of each month from October, 1995, through
October, 1996, additional stock worth $7,822.00 as payment for the services
rendered pursuant to paragraph 1-3 above. Alaska Apollo Resources, Inc., will
cause to be prepared and will file the required Form S-8 to accomplish the
issuance of the stock worth $95,416.00. Stock worth $1,552.49 will be issued to
CFO with the first quarterly distribution of stock. As for the issuance of
stock to pay for the remaining $93,864.00 due for services to be rendered
hereunder, payment shall be effected by the issuance of stock every three months
to cover the amount of $23,466, until the full amount is paid. In that regard,
the stock to be issued to CFO will be valued at 1/2 or $.50 per share.
It is agreed that CFO's willingness in the future to accept freely trading
stock of Alaska Apollo Resources Inc. in exchange for services to be rendered by
CFO shall continue only for so long as there is a market being made in such
stock and such stock can be readily sold on the open market. If no such market
exists, then CFO shall be paid in cash for my services.
If the foregoing meets with your approval, please sign and date a copy of
this letter, and return same to me. I understand that the agreement contained
herein is subject to ratification by the Board of Directors of Alaska Apollo
Resources Inc. Please notify me when such ratification has been obtained.
Very truly yours,
CFO SERVICES, INC.
By /s/ Timothy F. Guthrie
---------------------------------
Timothy F. Guthrie, President
The foregoing is accepted and agreed to
this the 1st of October, 1995.
ALASKA APOLLO RESOURCES INC.
By /s/ William S. Daugherty
---------------------------------------
William S. Daugherty, President
<PAGE>
BCD SOFTECH, INC.
6543-C Commerce Parkway
PO Box 1530
Dublin, OH 43017
June 26, 1996
Mr. Timothy F. Guthrie
Alaska Apollo Resources, Inc.
131 Prosperous Place, Suite 17-A
Lexington, Kentucky 40509
Re: S-8 Stock Agreement
Dear Mr. Guthrie:
At the present time, Alaska Apollo Resources, Inc., and its subsidiary,
Daugherty Petroleum, Inc., owes BCD Softech $3,880 for consulting and support in
connection with Petro 2000 Software. In payment thereof, BCD Softech agrees to
accept freely trading stock in Alaska Apollo Resources, Inc., worth $3,880.
Alaska Apollo Resources, Inc., will cause to be prepared and will file the
required Form S-8 to accomplish the issuance of the stock worth $11,250. Said
stock will be issued to CMark as soon as possible after the filing of the Form
S-8. In that regard, the stock to be issued to CMark will be valued at 1/2 or
$.50 per share.
If the foregoing meets with your approval, please sign and date a copy of
this letter, and return same to me. I understand that the agreement contained
herein is subject to ratification by the Board of Directors of Alaska Apollo
Resources, Inc. Please notify me when such ratification has been obtained.
Very truly yours,
BCD SOFTECH, INC.
By /s/ David Craig
---------------------------------
David Craig, Vice President
The foregoing is accepted
and agreed to this the 26th day of June, 1996.
ALASKA APOLLO RESOURCES, INC.
By /s/ Timothy F. Guthrie
-------------------------------------------
Timothy F. Guthrie, Chief Financial Officer
<PAGE>
PART II
INFORMATION REQUIRED IN THE
REGISTRATION STATEMENT
ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE.
The following documents are incorporated by reference in this
Registration Statement:
(a) The Registrant's latest annual report.
(b) All other reports filed pursuant to Section 13(a) or 15(d) of
the Securities Exchange Act of 1934 since the end of the fiscal year covered by
the Registrant's latest annual report.
(c) The description of the class of securities to be registered by
this Registration Statement, which are registered under Section 12 of the
Securities Act of 1934, and which were more fully described in (i) the
Memorandum and Articles for Catalina Energy & Resources Ltd., a British Columbia
corporation, dated January 31, 1979, (ii) the Certificate for Catalina Energy &
Resources Ltd., a British Columbia corporation, dated November 27, 1981,
changing the name of Catalina Energy & Resources Ltd. to Alaska Apollo Gold
Mines Ltd., and further changing the authorized capital of the Registrant from
5,000,000 shares of common stock, without par value per share, to 20,000,000
shares of common stock, without par value per share, (iii) the Certificate of
Change of Name for Alaska Apollo Gold Mines Ltd., a British Columbia
corporation, dated October 14, 1992, changing the name of Alaska Apollo Gold
Mines Ltd. to Alaska Apollo Resources Inc., and further changing the authorized
capital of the Registrant from 20,000,000 shares of common stock, without par
value per share, to 6,000,000 shares of common stock, without par value per
share, and (iv) the Altered Memorandum of Alaska Apollo Resources Inc., a
British Columbia corporation, dated September 9, 1993, changing the authorized
capital of the Registrant from 6,000,000 shares of common stock, without par
value per share, to 20,000,000 shares of common stock, without par value per
share, is as follows:
20,000,000 shares of common stock, without par value per share.
All documents subsequently filed by the Registrant pursuant to Sections
13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, prior to the
filing of a post-effective amendment which indicates that all securities offered
have been sold or which deregisters all securities then remaining unsold, shall
be deemed to be incorporated by reference in the Registration Statement and to
be a part thereof from the date of filing of such documents.
ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL.
Norman T. Reynolds, Esq., an attorney for the Registrant and the counsel
who has rendered an opinion as to the legality of the shares of the Registrant's
common stock to be offered by this Registration Statement, owns 148,245 shares
of such stock which are being registered pursuant to this Registration
Statement. As of the date of this Registration Statement, such shares have a
fair market value of approximately $64,783.07.
ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.
The directors and officers of the Registrant shall be indemnified by the
Registrant against all costs, losses, expenses and liabilities incurred by any
such director or officer in the course of the Registrant's business according to
the Registrant's Articles of Association. In addition, all directors and
officers are covered by a director's indemnification agreement.
The foregoing discussion of the Registrant's Articles of Association is
not intended to be exhaustive and is qualified in its entirety by such document.
1
<PAGE>
ITEM 8. EXHIBITS. The exhibits listed in the following index are filed as part
of this Registration Statement. The exhibits indicated by an asterisk (*) are
incorporated by reference.
EXHIBIT
NUMBER
DESCRIPTION OF EXHIBIT
3(i)(a)* Memorandum and Articles for Catalina Energy & Resources
Ltd., a British Columbia corporation, dated January 31,
1979, filed as an exhibit to Form 10 Registration Statement
filed May 25, 1984. File No. 0-12185.
3(i)(b)* Certificate for Catalina Energy & Resources Ltd., a British
Columbia corporation, dated November 27, 1981, changing the
name of Catalina Energy & Resources Ltd. to Alaska Apollo
Gold Mines Ltd., and further changing the authorized capital
of the Registrant from 5,000,000 shares of common stock,
without par value per share, to 20,000,000 shares of common
stock, without par value per share, filed as an exhibit to
Form 10 Registration Statement filed May 25, 1984. File No.
0-12185.
3(i)(c)* Certificate of Change of Name for Alaska Apollo Gold Mines
Ltd., a British Columbia corporation, dated October 14,
1992, changing the name of Alaska Apollo Gold Mines Ltd. to
Alaska Apollo Resources Inc., and further changing the
authorized capital of the Registrant from 20,000,000 shares
of common stock, without par value per share, to 6,000,000
shares of common stock, without par value per share.
Exhibit 3(i)(c) to Form 10-K/A for the Registrant for the
fiscal year ended December 31, 1993. File No. 0-12185.
3(i)(d)* Altered Memorandum of Alaska Apollo Resources Inc., a
British Columbia corporation, dated September 9, 1993,
changing the authorized capital of the Registrant from
6,000,000 shares of common stock, without par value per
share, to 20,000,000 shares of common stock, without par
value per share. Exhibit 3(i)(d) to Form 10-K/A for the
Registrant for the fiscal year ended December 31, 1993.
File No. 0-12185.
4* See Exhibits No. 3(i)(a), (b), (c), and (d).
5 Opinion of Norman T. Reynolds, Esq.
ITEM 9. UNDERTAKINGS.
(a) The undersigned Registrant hereby undertakes:
(1) To file, during any period in which it offers or sales are
being made, a post-effective amendment to this Registration Statement:
(i) To include any material information with respect to the plan
of distribution not previously disclosed in this Registration Statement or any
material change to such information in this Registration Statement.
(2) That, for the purpose of determining any liability under the
Securities Act of 1933, each such post-effective amendment shall be deemed to be
a new registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.
(3) To remove from registration by means of a post-effective
amendment any of the securities being registered which remain unsold at the
termination of the offering.
(4) To file a post-effective amendment to this Registration
Statement to include any financial statements required by Rule 3-19 of
Regulation S-X at the start of any delayed offering or throughout a continuous
offering.
(b) The undersigned Registrant hereby undertakes that, for purposes
of determining any liability under the Securities Act of 1933, each filing of
the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
2
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Securities Exchange Act of 1934 (and, where applicable, each filing of an
employee benefit plan's annual report pursuant to Section 15(d) of the
Securities Exchange Act of 1934) that is incorporated by reference in this
Registration Statement shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof.
(c) Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers and controlling
persons of the Registrant pursuant to the foregoing provisions, or otherwise,
the Registrant has been advised that in the opinion of the Securities and
Exchange Commission such indemnification is against public policy as expressed
in the Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
Registrant of expenses incurred or paid by a director, officer or controlling
person of the Registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the Registrant will, unless in
the opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Act and will
be governed by the final adjudication of such issue.
SIGNATURES
THE REGISTRANT. Pursuant to the requirements of the Securities Act of
1933, the Registrant certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form S-8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in Lexington, Kentucky, on July 9, 1996.
ALASKA APOLLO RESOURCES INC.
By /s/ William S. Daugherty
--------------------------------------
William S. Daugherty, President
Pursuant to the requirements of the Securities Act of 1933, this
registration statement has been signed by the following persons in the
capacities and on the dates indicated.
SIGNATURE TITLE DATE
- --------- ----- ----
/s/ William S. Daugherty Chairman of the Board and July 9, 1996
- ------------------------------ President
William S. Daugherty
/s/ Charles L. Cotterell Director July 9, 1996
- ------------------------------
Charles L. Cotterell
/s/ James K. Klyman-Mowczan Director July 9, 1996
- ------------------------------
James K. Klyman-Mowczan
/s/ Timothy F. Guthrie Secretary and July 9, 1996
- ------------------------------ Chief Financial officer
Timothy F. Guthrie
3
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NORMAN T. REYNOLDS
ATTORNEY AT LAW
MEDIATOR
909 FANNIN STREET, SUITE 1600
POST OFFICE BOX 131326
HOUSTON, TEXAS 77219-1326
TELEPHONE: (713) 651-0244
TELECOPIER: (713) 651-1132
E MAIL: [email protected]
July 9, 1996 EXHIBIT 5
Alaska Apollo Resources Inc.
131 Prosperous Place
Suite 17-A
Lexington, Kentucky 40509-1844
Re: Form S-8 Registration Statement; Commission File No. 0-12185
Gentlemen:
I have acted as counsel for Alaska Apollo Resources Inc. (the "Company") in
connection with the registration by the Company of 683,812 shares of its common
stock, without par value per share (the "Securities"), as contemplated by the
Company's Registration Statement on Form S-8 filed on the date hereof with the
Securities and Exchange Commission (the "Commission") under the Securities Act
of 1933, as amended.
In connection therewith, I have examined, among other things, the
Memorandum and Articles of Association, as amended, of the Company, the
corporate proceedings of the Company with respect to the issuance and
registration of the Securities, the Registration Statement, certificates of
public officials, statutes and other instruments and documents, as a basis for
the opinions expressed herein.
Based upon and subject to the foregoing, and upon such other matters as I
have determined to be relevant, I am of the opinion that:
1. The Company is a corporation duly organized, validly existing, and in
good standing under the laws of the Province of British Columbia.
2. All of the Securities, upon issuance and delivery thereof, will be
validly issued, fully paid and nonassessable.
I hereby consent to the filing of this opinion with the Commission as an
exhibit to the Registration Statement.
Very truly yours,
/s/ Norman T. Reynolds
Norman T. Reynolds
