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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
[ x ] Form 10-K [ ] Form 20-F [ ] Form 11-K [ ] Form 10-Q
For the period ended September 30, 1999.
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
GRAND CENTRAL SILVER MINES, INC.
Full Name of Registrant
File No. 0-17048
950 Third Avenue
Suite 2500
New York, New York 10022
Address of principal executive office, including zip.
PART II - RULES 12B-25 and (c)
If the subject report could not be filed without unreasonable effort
or expense and the registrant seeks relief pursuant to Rule 12b-25,
the following should be completed.
(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 of Form 10-K, Form 20-F, 11K 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 of transition report on 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
The Registrant is unable to complete the financial statements within
the prescribed period.
PART IV - OTHER INFORMATION
1. Name and telephone number of person to contact in regard to
this notification.
John Charles "Skip" Headen
Grand Central Silver Mines, Inc.
950 Third Avenue
Suite 2500
New York, New York 10022
(972) 306-4880
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 reports) been filed? If answer is no,
identify reports.
Yes x No
3. Is its 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?
Yes No x
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.
GRAND CENTRAL SILVER MINES, INC. has caused this notification to
signed on its behalf by the undersigned hereunto duly authorized, on
this 30th day of December, 1999.
GRAND CENTRAL SILVER MINES, INC.
BY: /s/ Mike Mason
Mike Mason,
Member of the Board of Directors
