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) January 3, 2001
Regulation S-K Item 304(a) (3),
PRINCETON MINING COMPANY
(Exact name of registrant as specified in its charter)
IDAHO 82-6008727
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
413 CEDAR STREET, WALLACE, ID 83873
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (208) 752-1131
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS
On January 3, 2001, the Board of Directors of Princeton Mining Company (the
"Company") engaged DeCoria, Maichel & Teague P.S. to serve as the Company's
independent accountants for the fiscal year ending December 31, 2000.
Concurrently, the Board of Directors dismissed Williams and Webster, P.S., the
Company's previous independent accountants. The engagement of DeCoria, Maichel
& Teague P.S. and the dismissal of Williams and Webster, P.S. was pursuant to a
resolution approved and passed by the Company's Board of Directors.
During the fiscal year ended December 31, 1999, and the subsequent interim
periods preceeding the dismissal, (i) there were no disagreements with Williams
and Webster, P.S. on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedures, which disagreements if
not resolved to its satisfaction would have caused it to make reference in
connection with its report to the subject matter of the disagreement, and
Williams and Webster, P.S. have not advised the Company of any reportable events
as defined in paragraph (A) through (D) of Regulation S-K Item 304 (a) (1) (v).
The accountants' report of Williams and Webster, P.S. as of and for the
year ended December 31, 1999, did not contain any adverse opinion or disclaimer
of opinion, but was qualified as to the uncertainty of the Company's ability to
continue as a going concern.
ITEM 7. EXHIBIT
Letter dated January 4, 2001, from Williams and Webster, P.S. regarding
change in certifying accountants.
SIGNATURE
Pursuant to the requirements of Section 13 or 15(b) 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.
PRINCETON MINING COMPANY
(Registrant)
By:/s/ Dennis O'Brien Date: January 3, 2001
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Dennis O'Brien
(Principal Financial and Accounting
Officer)
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(Letterhead of Williams & Webster, P.S.)
January 4, 2001
Securities and Exchange Commissionand Exchange Commission
450 Fifth Street SW
Washington, D.C. 20549
Re: Princeton Mining Company
Commission File Number 1-33233
Dear Sirs:
We are in agreement with the statements made above by the registrant in its Form
8-K dated January 3, 2001.
Our independent auditor's report on the financial statements of Princeton Mining
Company for the year ended December 31, 1999 contained no adverse opinion or
disclaimer of opinion, nor was it modified as to audit scope or accounting
principles, but it was qualified as to the uncertainty of the Company's ability
to continue
There were no disagreements with Princeton Mining Company, Inc. on any matter of
accounting principles or practices, financial statement disclosure, or auditing
scope or procedure.
Sincerely,
/s/ Williams & Webster, P.S.
Williams & Webster, P.S.
