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 30, 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 30, 1996, the text of which was as
follows:
Mallon Oil Company, a unit of Mallon Resources Corporation
(Nasdaq: "MLRC"), today announced that the underwriters, Rodman &
Renshaw, Inc., of its recent public sale of 2,000,000 shares of
Common Stock have exercised their option to acquire an additional
300,000 shares from the Company to cover over-allotments.
The approximately $1.76 million of net proceeds from the exercise
of the over-allotment option will be used primarily to finance
the Company's oil and gas drilling activities.
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 the 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."
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 31, 1996 ___/s/ Roy K. Ross_______________
Roy K. Ross, Executive Vice President
