SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One):
[ ] Form 10-K [ ] Form 20-F [ ] Form 11-K [X] Form 10-Q
[ ] Form N-SAR
For Period Ended: September 30, 1995
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended:____________________________
________________________________________
Read Attached Instruction Sheet Before Preparing Form. Please Print or
Type.
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
________________________________________
If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:
Part I -- Registrant Information
________________________________________
Full Name of registrant: ADDINGTON RESOURCES, INC.
Former Name if Applicable:
Address of Principal Executive
Office (Street and Number): 771 Corporate Drive
City, State and Zip Code: Lexington, Kentucky 40503
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Part II -- Rules 12b-25(b) and (c)
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If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12(b)-25(b)
[Paragraph 23, 047], the following should be completed. (Check appropriate
box).
[X] (a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense.
[X] (b) The subject annual report, semi-annual report, transition report on
Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof will be filed on
or before the fifteenth calendar day following the prescribed due date; or the
subject quarterly report or Form 10-Q, or portion thereof will be filed on or
before the fifth calendar day following the prescribed due date; and
[ ] (c) The accountant's statement or other exhibit required by Rule 12b-
25(c) has been attached if applicable.
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Part III -- Narrative
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State below in reasonable detail the reasons why Form 10-K, 20-F, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof could not be filed within
the prescribed period.
As previously reported, on November 2, 1995, the registrant completed
the sale of its coal mining, mining technology and citrus operations to
Larry Addington, Bruce Addington and Robert Addington. In addition, as
previously reported, the registrant expects to consummate the sale of
its wholly-owned subsidiary Addwest Minerals, Inc., which conducts the
registrant's gold and industrial minerals operations, to a private
Canadian business group in the near future. These transactions will
result in all of the registrant's non-environmental operations being
reported as discontinued operations.
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Part IV -- Other Information
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(1) Name and telephone number of person to contact in regard to this
notification:
R. Douglas Striebel (606) 223-3824
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under section 13 or 15(d)
of the Securities Exchange act of 1934 or section 30 of the Investment Company
Act of 1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If the answer is
no, identify report(s).
[X] Yes [ ] No
(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject report or
portion thereof?
[X] Yes [ ] No
If so: attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.
In addition to the discontinued operations accounting reflected above,
the registrant expects that, as a result of the sales to the Addington
family and the Canadian business group, the Form 10-Q for the quarter
ended September 30, 1995 will reflect an after-tax loss in such quarter
of at least $24,000,000.
ADDINGTON RESOURCES, INC.
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: November 14, 1995 By: /s/ R. Douglas Striebel
R. Douglas Striebel
Chief Financial Officer
