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
Date of Report (Date of earliest event reported): May 12, 1997
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FISCHER-WATT GOLD COMPANY, INC.
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(Exact name of registrant as specified in charter)
NEVADA 0-17386 88-0227654
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) file number) Identification No.)
1621 North 3rd Street, Suite. 1000 Coeur d'Alene, Idaho 83814
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 208-664-6757
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Item 5. Other Events
Pursuant to Rule 135c, notice was given by the registrant that it has made an
offering of securities not registered or required to be registered under the
Securities Act of 1933 in the form of a news release, dated May 12, 1997, a copy
of which is filed with this report.
Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit Item
No. 601 Code Exhibit
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1 99 News release dated May 12, 1997 announcing the
completion of the sale of approximately $454,000
net proceeds from the sale of 459,000 units.
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.
Fischer-Watt Gold Company, Inc.
Dated May 21, 1997 /s/ George Beattie
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President
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EXHIBIT INDEX
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<CAPTION>
Exhibit Item
No. 601 Code Exhibit Page No.
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1 99 News release dated May 12, 1997 announcing the 4
completion of the sale of approximately $454,000
net proceeds from the sale of 459,000 units.
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97/2 NEWS RELEASE
May 12, 1997
Coeur d'Alene, Idaho
PRIVATE PLACEMENT ANNOUNCED BY FISCHER-WATT
FISCHER-WATT GOLD COMPANY, INC. announced this week the recent completion of a
private placement which has raised approximately US$454,000. Proceeds will be
utilized for continued exploration, development and expansion of Fischer-Watt's
mining properties and contribute to working capital requirements.
The securities were sold in units consisting of two shares of Common Stock and
one Warrant to purchase one share of Common Stock exercisable from date of
purchase through February, 1999. Purchase price per unit was US$1.06. These
securities were not registered under the Securities Act of 1933 and may not be
offered or sold in the United States absent registration or an applicable
exemption from registration requirements.
Fischer-Watt Gold Company, Inc. is an Idaho based mining and exploration company
with an operating gold mine, El Limon, and two additional properties under
development in Colombia, South America. It also holds exploration interests in
Mexico, is active in property research in Panama and holds key land positions in
Nevada, one of the world's principal gold producing districts. The Company's
shares trade on the NASD Bulletin Board (FWGO-OTC).
For further information, please contact:
George Beattie, Chief Executive Officer and Chairman,1-208-664-6757
or
Diane Bryan, Investor Relations, 1-702-689-7450
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