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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) July 2, 1997
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GLAMIS GOLD LTD.
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(Exact name of registrant as specified in its charter)
British Columbia, Canada
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(State or other jurisdiction of incorporation)
0-31986 (86-689) None
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(Commission File Number) (IRS Employer Identification No.)
3324 Four Bentall Centre, 1055 Dunsmuir Street, Vancouver, B.C., V7X 1L3
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(Address of principal executive officers) (Zip Code)
Registrant's telephone number, including area code (604) 681-3541
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n/a
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(Former name or former address, if changed since last report)
Exhibit begins on Page 4
Page 1 of 4 Pages
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ITEM 5: OTHER EVENTS
By news release dated July 2, 1997, a copy of which is
attached hereto as Exhibit 99, the Registrant announced Mr. A.
Dan Rovig has given notice that he will retire as President,
CEO and Director of Glamis Gold Ltd. effective August 15,
1997. Negotiations are in progress to retain Mr. Rovig as a
management consultant to the Issuer past the retirement date,
to help in the transition period until a new President and CEO
is appointed. The Issuer has offered the position of Chief
Operating Officer to Mr. Kevin McArthur, presently President
and General Manager of the Issuer's wholly-owned subsidiary.
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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.
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(Registrant)
July 2, 1997
"G. Barry Finlayson"
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G. BARRY FINLAYSON
Secretary
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EXHIBIT 99
NEWS RELEASE
GLAMIS GOLD LTD.
FOR IMMEDIATE RELEASE
Trading Symbol: TSE, NYSE - GLG July 2, 1997
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President & CEO Announces Retirement
Vancouver, B.C., Canada - Chester F. Millar, Chairman, reports that Mr. A. Dan
Rovig has given notice that he will retire as President, CEO and Director of
Glamis Gold Ltd. effective August 15, 1997. Negotiations are in progress to
retain Mr. Rovig as a management consultant to the Company past this retirement
date, to help in the transition period until a new president and CEO is
appointed.
The Board of Directors of Glamis recognizes the excellent management that Dan
Rovig has brought to the Company, and wishes him well in his future endeavours.
Mr. Kevin McArthur will be offered the position of Chief Operating Officer of
Glamis Gold Ltd. Mr. McArthur is now President & General Manager of the
Company's wholly-owned subsidiary, Rand Mining Company. He was formerly the Vice
President & General Manager of the wholly-owned subsidiary, Chemgold, Inc. that
operates the Picacho Mine and completed the pre-feasibility study of the
Imperial Project. Mr. McArthur is thoroughly familiar with all of the Company's
U.S. operations.
On Behalf of the Board of Directors
"James R. Billingsley"
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James R. Billingsley
Vice President & Director
For further information contact:
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Glamis Gold Ltd.
P.O. Box 49287
Vancouver, B.C. V7X 1L3
(604) 681-3541 * Fax: (604) 681-9306
Internet:http//www.glamis.com
