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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8K
CURRENT REPORT
Date of Report: June 12th 1997
Commission File No. 0-15543
METAL RECOVERY TECHNOLOGIES INC.
(Exact name of Registrant as specified in its charter)
Delaware 71-0628061
(State of incorporation) (I.R.S. Employee Identification No.)
415 East 151st Street
East Chicago, Indiana 46312
(Address of principle executive office) (Zip Code)
Registrant's telephone number, including area code: (219) 397-6261
ITEM 9. ISSUANCE OF EQUITY SECURITIES PURSUANT TO REGULATION S
Under a Compromise and Settlement Agreement dated June 2, 1997 the Corporation
issued 2,550,000 of its common shares under Regulation S to an offshore entity
in consideration of debt and for the redemption of all of the Corporations
outstanding A Preferred shares.
Signed
/s/
Roy Pearce
Company Secretary
