CASMYN CORP
8-K, 2000-03-28
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): March 20, 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 March 20, 2000, the Company filed Interim Statement No. 3 and
Operating Report No. 3, respectively, for the period from February 1, 2000
through February 29, 2000, with the Office of the United States Trustee for
the Central District of California. Copies of Interim Statement No. 3 and
Operating Report No. 3, 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:

<TABLE>
<CAPTION>
Exhibit
Number   Description
- ------   -----------
<S>      <C>
99.1     Casmyn Corp. Interim Statement No. 3 for the period from February 1,
         2000 through February 29, 2000

99.2     Casmyn Corp. Operating Report No. 3 for the period from February 1,
         2000 through February 29, 2000
</TABLE>


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








                                       3

<PAGE>

                                                                    Exhibit 99.1

- --------------------------------------------------------------------------------
                       OFFICE OF THE UNITED STATES TRUSTEE
- --------------------------------------------------------------------------------

<TABLE>
<S>                                                              <C>
- -------------------------------------------------------------    ----------------------------------------------------------------
  In re:                                                          DEBTOR IN POSSESSION INTERIM STATEMENT
                                                                 ----------------------------------------------------------------

     Casmyn Corp., A Colorado Corporation
     28720 Canwood Street, Suite 207                              Statement Number:                    3
     Agoura Hills, CA 91301                                                                   ---------------------

                                                    Debtor,               For the Period FROM:            02/01/00

- -------------------------------------------------------------
   Chapter 11 Case No:  SV 99-23968-AG                                                    TO:             02/29/00
- -------------------------------------------------------------    ----------------------------------------------------------------

                                                                 ----------------------------------------------------------------
                                                                           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)                                                $1,736,057.06

D.  Receipts during Current Period

      TOTAL RECEIPTS THIS PERIOD                                                    27,278.14
                                                                 ----------------------------------------------------------------
E.  Balance Available (C plus D)                                                $1,763,335.20
                                                                 ----------------------------------------------------------------
F.  Less:  Disbursements during Current Period

      TOTAL DISBURSEMENTS THIS PERIOD                                              147,993.88
                                                                 ----------------------------------------------------------------
G.  Ending Balance (E minus F)                                                  $1,615,341.32
                                                                 ================================================================
</TABLE>


<PAGE>

                                                                    Exhibit 99.2

                       OFFICE OF THE UNITED STATES TRUSTEE
<TABLE>
<S>                                                             <C>
- -----------------------------------------------------           --------------------------------------------------------
In re:                                                           DEBTOR IN POSSESSION OPERATING REPORT

Casmyn Corp. a Colorado Corporation
28720 Canwood Street, Suite 207                                  Report Number:      3
Agoura Hills, CA 91301                  Debtor,                  For the Period FROM:           02/01/00
- -----------------------------------------------------
Chapter 11 Case No:  SV 99-23968-AG                                             TO:             02/29/00
- -----------------------------------------------------           --------------------------------------------------------
</TABLE>

<TABLE>
<S>                                                                                  <C>                             <C>
1.  Profit and Loss Statement (Accrual Basis Only)
     A.  Related to Business Operations:
          Gross Sales                                                                             -
          Other Operating Revenues                                                                -
                                                                                     ---------------
          Gross Profit                                                                                                         -
           Less Operating Expenses:
                Officer Compensation                                                       $ 30,833
                Compensation and Fees - Others                                                8,750
                                                                                     ---------------
                   Total Compensation                                                                                   $(39,583)
                Rent and Lease Exp. (Real Property and Personal Property)                     4,045
                Insurance                                                                     4,821
                Utilities (Gas, Electricity, Water, Telephone, etc.)                          1,553
                Depreciation and Amortization
                Filing Fees
                Repairs and Maintenance
                Publications
                Professional Services:
                  Accounting                                                                  4,480
                  Legal
                Shareholder Related
                Supplies, Office Expenses, Photocopies, etc.                                 11,962
                Travel and Entertainment                                                      2,733
                Transfers to S.A./Zimbabwe                                                   16,333
                Miscellaneous Operating Expenses:
                  Bankruptcy Related                                                        196,393
                  Total Operating Expenses                                                                              (242,320)
                                                                                     ---------------                   ----------
                       Net Gain/Loss from Business Operations                                                           (281,903)
     B.  Not related to Business Operations:
          Income:
                Interest Income                                                              13,112
                Other Non-Operating Revenues                                                      4
                                                                                     ---------------
                Total Non-Operating Income                                                                                13,116
          Expenses Not Related to Business Operations:
                Legal and Professional Fees
                Total Non-Operating Expenses
                                                                                                                       ----------
NET INCOME/LOSS FOR PERIOD                                                                                             $(268,787)
                                                                                                                       ==========
</TABLE>



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