SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Form 8-K
Current Report Pursuant to Section 13 or 15(d) of The Securities
Act of 1934
Date of Report (date earliest event reported): October 17, 1996
Mallon Resources Corporation
(exact name of registrant as specified in its charter)
Colorado 0-17267 84-1095959
(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
999 18th Street, Suite 1700, Denver, Colorado 80202
(address of principal executive offices) (zip code)
Registrant's telephone number including area code: (303) 293-2333
not applicable
(former name or former address, if changed since last report)
-1-
Item 5. Other Events
Mallon Resources Corporation (the "Company") issued a press
release, dated October 17, 1996, the text of which was as
follows:
Mallon Oil Company, a unit of Mallon Resources Corporation
(Nasdaq: "MLRC"), today announced that the Registration Statement
covering the offering of 2,000,000 shares of the Company's Common
Stock has been declared effective by the Securities and Exchange
Commission, and that the offering of such shares to the public
has commenced at a price of $6.50 per share. The size of the
offering was increased from the originally planned 1,800,000
shares. Rodman & Renshaw, Inc. acted as managing underwriter.
The net proceeds from the offering will be used primarily to
finance the Company's oil and gas drilling activities and to
acquire certain preferred shares.
Mallon is headquartered in Denver, Colorado. Mallon's oil and
gas operations, located primarily in the western United States,
are conducted by its wholly-owned subsidiary, Mallon Oil Company.
Mallon also owns 14 million shares of common stock of Laguna Gold
Company, a company engaged in the exploration for and development
of gold and silver in Costa Rica. Laguna Gold Company is traded
on the Toronto Stock Exchange under the symbol "LGC."
A copy of the prospectus may be obtained from Rodman & Renshaw,
Inc., Two World Financial Center, 30th Floor, 225 Liberty Street,
New York, 10281, Attn: Ann Grogono.
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.
Mallon Resources Corporation
October 17, 1996 _________________________________
Roy K. Ross, Executive Vice President
