<PAGE>
<TABLE>
<CAPTION>
- -------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION -----------------------------
FORM 4 WASHINGTON, D.C. 20549 OMB APPROVAL
- -------- -----------------------------
/ / CHECK THIS BOX IF NO STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB NUMBER: 3235-0287
LONGER SUBJECT TO EXPIRES: SEPTEMBER 30, 1998
SECTION 16. FORM 4 OR Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, ESTIMATED AVERAGE BURDEN
FORM 5 OBLIGATIONS MAY Section 17(a) of the Public Utility Holding Company Act of 1935 or HOURS PER RESPONSE .... 0.5
CONTINUE. SEE Section 30(f) of the Investment Company Act of 1940 -----------------------------
INSTRUCTION 1(b).
(Print or Type Responses)
- ------------------------------------------------------------------------------------------------------------------------------------
<S><C>
1. Name and Address of Reporting Person* 2. Issuer Name AND Ticker or Trading Symbol 6. Relationship of Reporting Person(s)
CASMYN CORP. ("CMYN") NOW KNOWN AS ARIES to Issuer (Check all applicable)
VENTURES INC. ("ARVT") X Director X 10% Owner
ZUCKER MARK S. (1) ---- ----
- --------------------------------------------------------------------------------------------- X Officer (give Other
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- title ---- (specify
Number of Reporting Month/Year below) below
Person (Voluntary) ----------------- ------------------
28720 Canwood Street, Suite 207 APRIL 2000
- -------------------------------------------- --------------------- 7. Individual or Joint/Group Filing
(Street) 5. If Amendment, (Check Applicable Line)
Date of Original ___Form filed by One Reporting Person
(Month/Year) _X_Form filed by More than One
Agoura Hills California 91301 N/A Reporting Person
- ------------------------------------------------------------------------------------------------------------------------------------
(City) (State) (Zip) TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
- ------------------------------------------------------------------------------------------------------------------------------------
1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature
(Instr. 3) action action or Disposed of (D) Securities ship of In-
Date Code (Instr. 3, 4 and 5) Beneficially Form: direct
(Instr. 8) Owned at Direct Bene-
(Month/ End of (D) or ficial
Day/ ------------------------------------------- Month Indirect Owner-
Year) (A) or (I) ship
Code V Amount (D) Price (Instr. 3 (Instr. 4) (Instr. 4)
and 4)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 4/11/00 J(2) 34,019,870 D See below (6) 0 I By Anvil (7)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 4/11/00 J(2) 446,869(3) A See below (6) 446,869 I By Anvil (7)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 4/11/00 J(2) 443,365(3,4) A See below (6) 443,365 D N/A
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) SEC 1474 (7-96)
* If the form is filed by more than one reporting person, SEE Instruction 4(b)(v).
- ------------------
1,2,3,4,5,6,7 - See "EXPLANATION OF RESPONSES" on next page
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FORM 4 (CONTINUED) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
- ------------------------------------------------------------------------------------------------------------------------
1. Title of Derivative Security 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv- 6. Date Exer-
(Instr. 3) sion or action tion Code ative Securities Ac- cisable and Ex-
Exercise Date (Instr. 8) quired (A) or Dis- piration Date
Price of (Month/ posed of (D) (Month/Day/
Deriv- Day/ (Instr. 3, 4, and 5) Year)
ative Year)
Security
--------------------
Date Expira-
-------------------------------------- Exer- tion
cisable Date
Code V (A) (D)
<S><C>
- ------------------------------------------------------------------------------------------------------------------------
Warrants to Purchase $6.00 4/11/00 J(2) 446,869 4/11/00 4/11/01
Common Stock
- ------------------------------------------------------------------------------------------------------------------------
Warrants to Purchase $6.00 4/11/00 J(2) 443,365 4/11/00 4/11/01
Common Stock
- ------------------------------------------------------------------------------------------------------------------------
First Convertible See 4/11/00 J(2) 71,884 See See
Preferred Stock below (8) below (8) below (8)
- ------------------------------------------------------------------------------------------------------------------------
First Convertible See 4/10/00 J(2) 84,130 (5) See See
Preferred Stock below (8) below (8) below (8)
- ------------------------------------------------------------------------------------------------------------------------
First Convertible See 4/11/00 J(2) 84,130 (5)
Preferred Stock below (8)
- ------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- ------------------------------------------------------------------------------------------
7. Title and Amount of Under- 8. Price 9. Number 10. Owner- 11. Nature
lying Securities of of Deriv- ship of In-
(Instr. 3 and 4) Deriv- ative Form direct
ative Securi- of De- Bene-
Secur- ties rivative ficial
ity Bene- Secu- Own-
(Instr. ficially rity: ership
5) Owned Direct (Instr. 4)
at End (D) or
Amount or of Indi-
Title Number of Month rect (I)
Shares (Instr. 4) (Instr. 4)
<S><C>
- ------------------------------------------------------------------------------------------
Common 446,869 See 446,869 I By Anvil (7)
Stock below (6)
- ------------------------------------------------------------------------------------------
Common 443,365 See 443,365 D N/A
Stock below (6)
- ------------------------------------------------------------------------------------------
Common See See 0 N/A N/A
Stock below (8) below (8)
- ------------------------------------------------------------------------------------------
Common See See 0 N/A N/A
Stock below (8) below (8)
- ------------------------------------------------------------------------------------------
Common See See 0 N/A N/A
Stock below (8) below (8)
- ------------------------------------------------------------------------------------------
Explanation of Responses:
(1) This is a joint filing being made by Mark S. Zucker on behalf of himself and Anvil Investment Partners, L.P., a Delaware
limited partnership ("Anvil"). Mr. Zucker is the President of Anvil Investors, Inc., a Delaware corporation controlled by
Mr. Zucker, which is the general partner of Anvil. Mr. Zucker is the designated filer for purposes of this filing. Anvil's
address is c/o Aries Ventures Inc., 28720 Canwood Street, Suite 207, Agoura Hills, California 91301.
(2) The securities were acquired pursuant to the terms of the Second Amended Plan of Reorganization (the "Plan of Reorganization")
effective April 11, 2000 (the "Effecitve Date") with respect to Issuer's prior filing under Chapter 11 of the United States
Bankruptcy Code. The Plan of Reorganization was approved by order of the United States Bankruptcy Court, Central District of
California, San Fernando Valley Division, filed and entered on March 31, 2000.
(3) Each of the Reporting Persons beneficially owned shares of the Issuer's preferred stock ("Preferred Stock") and/or shares of
its common stock ("Common Stock") prior to the Effective Date of the Plan of Reorganization. Pursuant to the terms of the
Plan of Reorganization, each share of the Issuer's Preferred Stock outstanding immediately prior to the Effective Date was
converted on the Effective Date into 5.27 shares of the Issuer's Common Stock (the "Conversion"). In addition, on the
Effective Date, a 1 for 500 reverse split of Issuer's Common Stock was effected in accordance with the Plan of
Reorganization (the "Reverse Split"). The number of shares of Common Stock listed as being acquired in these transactions
reflects the Conversion and the Reverse Split.
(4) These securities are held of record by Mr. Zucker and not by Anvil. Anvil disclaims having any beneficial interest in these
securities. See also, Explanation 4 above.
(5) These securities were, or are, as the case may be, held of record by Mr. Zucker and not by Anvil. Anvil disclaims having any
beneficial interest in these securities. Also, in accordance with the terms of the Plan of Reorganizations, these securities
were issued to Mr. Zucker pursuant to stock options exercised by him prior to the Effective Date. These securities then were
converted into Common Stock in accordance with the terms of the Plan of Reorganization. See Explanations (2) and (3) above.
(6) See Explanations (2) and (4) above.
(7) The securities are held of record by Anvil. As a result of Mr. Zucker's position as President of Anvil Investors, Inc., which
is the general partner of Anvil, Mr. Zucker could be deemed to be a beneficial owner of these shares.
(8) Pursuant to the Plan of Reorganization, on the Effective Date, each share of First Convertible Preferred Stock was converted
into 5.27 shares of Common Stock. Prior to the Conversion, the First Convertible Preferred Stock was convertible into Common
Stock of Issuer. The conversion price was subject to adjustment under certain circumstances, certain of which required
application of a complex formula, which varied according to date and trading volume. Accordingly, the amount of shares and
prices were not subject to determination. No shares of First Convertible Preferred Stock currently are held by the Reporting
Persons, since all such shares were converted into Common Stock pursuant to the Plan of Reorganization.
/s/ Mark S. Zucker May 9, 2000
--------------------------------- --------------
** Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations
SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, SEE Instruction 6 for procedure.
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB Number.
</TABLE>
