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
August 23, 1995
Date of Report
CENTURION MINES CORPORATION
(Exact name of registrant as specified in its charter)
Utah 0-17048 87-0429204
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification
Incorporation) Number)
331 South Rio Grande, Suite 201
Salt Lake City, Utah 84101
___________________________________________________________
(Address of principal executive offices including zip code)
801-534-1120
____________________________________________________
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
The Registrant received a letter, dated August 23, 1995,
from the Securities and Exchange Commission, Salt Lake District
Office ("SEC") advising Registrant that the SEC has terminated its
staff inquiry investigation of Registrant and has not recommended
any enforcement action. In February, 1994, the SEC entered a
formal order of private investigation concerning trading in the
Registrant's securities and examining the propriety of certain
actions and filings subject to SEC scrutiny. Registrant became
aware of the investigation in June, 1994, and has consistently
cooperated with the SEC in providing documents, information and
the whereabouts of certain individuals and entities as requested by
the SEC. In addition, Registrant publicly disclosed the essential
information about the investigation in SEC filings, including its
Registration Statement on Form S-3 (No. 33-74047).
The August 23, 1995, SEC letter also indicated that, pursuant
to SEC guidelines, it was appropriate in this case for the SEC staff
to exercise its discretion and advise Registrant that its formal
investigation has been terminated. Those guidelines emphasize,
however, that such advice does not mean Registrant has been
exonerated or that everything is absolutely closed. Instead, it
means the staff has completed its investigation and did not
recommend, upon completion, any enforcement action. At most,
according to the guidelines, the SEC's advice means that, based
on the information gathered as of August 23, 1995, the staff does
not believe enforcement action is called for. A copy of the
August 23, 1995, letter is attached hereto as Exhibit 99.01.
<PAGE>
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Index to Exhibits Required by Item 601 of Regulation S-K.
Exh. Sec Name Of
No. No. Document
99.01 99 August 23, 1995, letter to Registrant from SEC.
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 hereunto duly authorized.
REGISTRANT:
CENTURION MINES CORPORATION
Dated: BY: /s/ Spenst Hansen
September 21, 1995 Spenst Hansen, Chief Executive Officer
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(This Exhibit is an "ASCII-DOS Text" Reproduction of the Original)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION IN REPLYING
[Logo/ SALT LAKE DISTRICT OFFICE PLEASE QUOTE
symbol] 50 SOUTH MAIN STREET
SUITE 500 D 1961
SALT LAKE CITY, UTAH 84144-0402
August 23, 1995
Centurion Mines Corporation
331 South Rio Grande Street, Suite 201
Salt Lake City, Utah 84110
Attention: Carlos M. Chavez, Esq.
Re: In the Matter of Centurion Mines Corporation
Dear Mr. Chavez:
This is to advise you that the present staff inquiry in the
above-captioned matter has been terminated and that, at this time,
no enforcement action has been recommended to the Commis-sion. We
are providing this information in accordance with the guidelines
applicable to formal investigation set forth in Secu-rities Act
Release No. 5310, which in pertinent part reads as follows:
"The Commission is instructing its staff that in cases where
such action appears appropriate, it may advise a person under
inquiry that its formal investigation has been terminated.
Such action on the part of the staff will be purely discre-
tionary on its part .... Even if such advise is given, how-
ever, it must in no way be construed as indicating that the
party has been exonerated or that no action may ultimately
result from the staff's investigation of that particular
matter. All that such a communication means is that the staff
has completed its investigation and that at that time no en-
forcement action has been recommended to the Commission. The
attempted use of such a communication as a purported defense
in any action that might subsequently be brought against the
party, either civilly or criminally, would be clearly inap-
propriate and improper since such a communication, at the
most, can mean that, as of its date, the staff of the Com-
mission does not regard enforcement action as called for
based upon whatever information it then has."
Very truly yours,
/s/ Kenneth D. Israel
Kenneth D. Israel
District Administrator
