CASMYN CORP
8-K, 2000-01-28
METAL MINING
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<PAGE>

                UNITED STATES 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


       Date of Report (Date of earliest event reported): January 17, 2000


                                  Casmyn Corp.
              -----------------------------------------------------
             (Exact name of registrant as specified in its charter)


   Colorado               0-14136              84-0987840
- ---------------         ------------        ----------------
(State or other         (Commission         (I.R.S. Employer
jurisdiction of         File Number)         Identification
incorporation)                                   Number)


      28720 Canwood Street, Suite 207, Agoura Hills, California   91301
      --------------------------------------------------------------------
      (Address of principal executive offices)                  (Zip Code)


Registrant's telephone number, including area code:  (818) 879-6501


                                 Not applicable
          --------------------------------------------------------------
          (Former name or former address, if changed since last report.)


                                       1
<PAGE>

ITEM 5.  OTHER EVENTS

         On December 7, 1999, Casmyn Corp., a Colorado corporation (the
"Company"), filed for protection under Chapter 11 of the United States
Bankruptcy Code in the United States Bankruptcy Court for the Central
District of California, San Fernando Valley Division, Case No. SV99-23968-AG.
The Company is operating as debtor-in-possession.

         The Company's gold mining operations in Zimbabwe are owned by
separate subsidiary companies which are not a part of the Chapter 11 filing
and which are continuing to conduct business as usual.

         On January 17, 2000 and January 27, 2000, the Company filed Interim
Statement No. 1 and Operating Report No. 1 (as amended), respectively, for
the period from December 7, 1999 through December 31, 1999, with the Office
of the United States Trustee for the Central District of California. Copies
of Interim Statement No. 1 and Operating Report No. 1 (as amended), excluding
attachments and supporting schedules, are attached hereto as Exhibits 99.1
and 99.2, respectively. The financial information included in these documents
was prepared without audit and on an unconsolidated basis solely for the
purpose of filing with the Office of the United States Trustee, and does not
purport to represent a complete set of financial statements prepared in
accordance with generally accepted accounting principles.

ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
         EXHIBITS

      (c)   Exhibits:

EXHIBIT
NUMBER      DESCRIPTION
- ------      -----------

99.1        Casmyn Corp. Interim Statement No. 1 for the period from December 7,
            1999 through December 31, 1999

99.2        Casmyn Corp. Operating Report No. 1 (as amended) for the period from
            December 7, 1999 through December 31, 1999


                                       2
<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 hereunto duly authorized.


                                                               Casmyn Corp.
                                                        ------------------------
                                                               (Registrant)




Date:  January 28, 2000                            By:  /s/ ROBERT N. WEINGARTEN
                                                        ------------------------
                                                        Robert N. Weingarten
                                                        Chief Financial Officer


                                       3



<PAGE>
<TABLE>
<CAPTION>
                                                                                                  EXHIBIT 99.1
                          ------------------------------------------------------------------------------------
                                      OFFICE OF THE UNITED STATES TRUSTEE
                          ------------------------------------------------------------------------------------


- ---------------------------------------------------------------     -------------------------------------------------------------
  <S>                                                               <C>
  In re:                                                            DEBTOR IN POSSESSION INTERIM STATEMENT
     Casmyn Corp., A Colorado Corporation
     28720 Canwood Street, Suite 207                                Statement Number:       1
     Agoura Hills, CA 91301                                                            -----------

                                                   Debtor,          For the period FROM:      12/07/99
- ---------------------------------------------------------------                            -------------
   Chapter 11 Case No:  SV 99-23968-AG                                            TO:         12/31/99
- ---------------------------------------------------------------                            -------------
                                                                    -------------------------------------------------------------
                                                                          General              Payroll                 Tax
CASH ACTIVITY ANALYSIS (Cash Basis Only)                                  Account              Account               Account
                                                                    -------------------------------------------------------------
A.  Total Receipts per all Prior Interim Statements                 (Summary of all accounts)
                                                                    -------------------------------------------------------------
B.  Less:  Total Disbursements per all Prior Statements
                                                                    -------------------------------------------------------------
C.  Beginning Balance (A less B)                                           $1,760,316.70
D.  Receipts during Current Period
      TOTAL RECEIPTS THIS PERIOD                                               30,794.16
                                                                    -------------------------------------------------------------
E.  Balance Available (C plus D)                                           $1,791,110.86
                                                                    -------------------------------------------------------------
F.  Less:  Disbursements during Current Period




     TOTAL DISBURSEMENTS THIS PERIOD:                                           3,661.20
                                                                    -------------------------------------------------------------
G.  Ending Balance (E minus F)                                             $1,787,449.66
                                                                    -------------------------------------------------------------
                                                                    -------------------------------------------------------------
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                                                                                                    EXHIBIT 99.2

                                         OFFICE OF THE UNITED STATES TRUSTEE

- -----------------------------------------------------            ---------------------------------------------------------------
<S>                                                              <C>
In re:                                                           DEBTOR IN POSSESSION OPERATING REPORT
Casmyn Corp., a Colorado Corporation
28720 Canwood Street, Suite 207                                  Report Number:        1
                                                                                 -------------
Agoura Hills, CA 91301                   Debtor,                 For the Period FROM:  12/07/99
- -----------------------------------------------------
Chapter 11 Case No:  SV 99-23968-AG                                                   TO:        12/31/99         Amended
- -----------------------------------------------------            ---------------------------------------------------------------


1.  Profit and Loss Statement (Accrual Basis Only)
     A.  Related to Business Operations:
          Gross Sales                                                                              $0
          Other Operating Revenues                                                                  0
                                                                                          ------------
          Gross Profit                                                                                                       $0
           Less Operating Expenses:
                Officer Compensation
                Compensation and Fees - Others                                                  2,098
                                                                                          ------------
                   Total Compensation                                                                                    (2,098)
                Rent and Lease Exp. (Real Property and Personal Property)
                Insurance                                                                       4,821
                Utilities (Gas, Electricity, Water Telephone, etc.)                             1,395
                Depreciation and Amortization
                Filing Fees                                                                       187
                Repairs and Maintenance                                                           150
                Publications                                                                      143
                Professional Services:
                  Accounting
                  Legal
                Shareholder Related                                                               170
                Supplies, Office Expenses, Photocopies, etc.                                    3,359
                Travel and Entertainment                                                        7,616
                Transfers to S.A./Zimbabwe                                                     13,333
                Miscellaneous Operating Expenses:
                  Bankruptcy Related                                                          128,688
                  Total Operating Expenses                                                                             (159,862)
                                                                                          ------------            --------------
                       Net Gain/Loss from Business Operations                                                          (161,960)
     B.  Not related to Business Operations:
          Income:
                Interest Income                                                                14,050
                Other Non-Operating Revenues                                                       73
                                                                                          ------------
                Total Non-Operating Income                                                                               14,123
          Expenses Not Related to Business Operations:

                Legal and Professional Fees
            Total Non-Operating Expenses

                                                                                                                  --------------
NET INCOME/LOSS FOR PERIOD                                                                                            ($147,837)
                                                                                                                  ==============
</TABLE>



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