GLAMIS GOLD LTD
8-K, 1997-12-19
GOLD AND SILVER ORES
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<PAGE>   1
                       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) December 15, 1997



                                GLAMIS GOLD LTD.
- --------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)



                            British Columbia, Canada
- --------------------------------------------------------------------------------
                 (State or other jurisdiction of incorporation)


       0-31986 (86-689)                                  None
- ---------------------------------          -------------------------------------
    Commission File Number)                 (IRS Employer Identification No.)



3324 Four Bentall Centre, 1055 Dunsmuir Street, Vancouver, B.C., V7X 1L3
- --------------------------------------------------------------------------------
(Address of principal executive officers)          (Zip Code)



Registrant's telephone number, including area code (604) 681-3541



                                       n/a
- --------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)


                            Exhibit begins on Page 4


                                Page 1 of 4 Pages



<PAGE>   2

                                      - 2 -



ITEM 5:        OTHER EVENTS

               By news release dated December 15, 1997, a copy of which is
               attached hereto as Exhibit 99, the Registrant announced that Mr.
               Kevin McArthur, the current Chief Operating Officer-North America
               of Glamis, will become President & Chief Executive Officer and
               director of Glamis effective January 1, 1998, replacing Mr. James
               R. Billingsley. Mr. Billingsley will remain a director. Also
               included in the news release, Mr. Daniel J. Forbush will replace
               Mr. Lorne B. Anderson as Chief Financial Officer of Glamis on Mr.
               Anderson's resignation effective February 28, 1998 and Mr. Jean
               Depatie is appointed a director, effective immediately. Mr.
               Leonard Harris is appointed Chairman of the International
               Advisory Board of Glamis. A full copy of the news release is
               attached to this material change report. 




<PAGE>   3

                                      - 3 -


                                   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.



                                                   GLAMIS GOLD LTD.
                                                   --------------------------
                                                   (Registrant)

December 15, 1997


                                                   "G. Barry Finlayson"
                                                   --------------------------
                                                   G. BARRY FINLAYSON
                                                   Secretary



<PAGE>   1
                                     - 4 -

                                   EXHIBIT 99


                                  NEWS RELEASE

                                GLAMIS GOLD LTD.


FOR IMMEDIATE RELEASE


Trading Symbol:  TSE, NYSE - GLG                              December 15, 1997
- -------------------------------------------------------------------------------


             GLAMIS RE-ORGANIZATION, NEW APPOINTMENTS AND DIRECTORS


Glamis Gold Ltd. is pleased to announce the following appointments. Kevin
McArthur, the current Chief Operating Officer-North America, will become
President & Chief Executive Officer and director of the Company effective
January 1, 1998. He succeeds James R. Billingsley, who will remain a director.
Mr. Daniel J. Forbush, CPA, will replace Lorne B. Anderson as Chief Financial
Officer on Mr. Anderson's resignation effective Feb. 28, 1998. Mr. Jean Depatie
has been appointed a director of the Company, effective immediately. Mr. Leonard
Harris has been appointed Chairman of the International Advisory Board.

This new management team is mandated to review and optimize the Company's
operations with a view to maximizing the Company's cash resources.

Glamis intends to remain primarily in the gold business. Recognizing the current
uncertainty in the gold price, Glamis will also consider opportunities in other
minerals, preferable in the Americas.


On behalf of the Board,


J.R. Billingsley
President & C.E.O.


For further information contact:

        Glamis Gold Ltd.
        PO Box 49287
        Vancouver, B.C.  V7X 1L3
        Tel: (604) 681-3541* Fax: 681-9306* Website: www.glamis com








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