UNITED STATES
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) February 4, 1999
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FISCHER-WATT GOLD COMPANY, INC.
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(Exact name of registrant as specified in its charter)
NEVADA 0-17386 88-0227654
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1621 North Third Street, #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 4. Changes in Registrant's Certifying Accountant.
(a) By letter dated February 1, 1999, which letter was received by
Fischer-Watt Gold Company, Inc. on February 4, 1999, BDO Seidman, LLP notified
Fischer-Watt Gold Company, Inc. that it had resigned as the principal
independent accountant for Fischer-Watt Gold Company, Inc., effective
immediately.
The report of BDO Seidman, LLP on the financial statements of Fischer-Watt
Gold Company, Inc. for the fiscal year ended January 31, 1997 was modified as to
uncertainty about the ability of Fischer-Watt Gold Company, Inc. to continue as
a going concern. None of the reports of BDO Seidman, LLP on the financial
statements of Fischer-Watt Gold Company, Inc. for the fiscal years ended January
31, 1997 or 1996 contained any other adverse opinion or disclaimer of opinion,
or modification as to uncertainty, audit scope, or accounting principles.
Neither the board of directors nor the audit committee of the board of
directors of Fischer-Watt Gold Company, Inc. has recommended or approved a
change in accountants.
There have been no disagreements with BDO Seidman, LLP within the meaning
of Instruction 4 of Regulation S-K on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure in
connection with the audits of the financial statements for Fischer-Watt Gold
Company, Inc. for the fiscal years ended January 31, 1997 and 1996 or for any
subsequent interim period.
As required by Item 304(a)(3) of Regulation S-B, Fischer-Watt Gold Company,
Inc. provided BDO Seidman, LLP with a copy of the disclosure contained in this
Item 4 and requested that BDO Seidman, LLP furnish a letter addressed to the SEC
stating whether it agrees with the above statements and, if not, stating the
respects in which BDO Seidman, LLP does not agree. Such letter from BDO Seidman,
LLP, dated February 8, 1999, is filed as Exhibit 1 to this Form 8-K.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
Exhibit Item 601
No. Category Exhibit
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1 16 Letter of BDO Seidman, LLP, dated February 8, 1999,
pursuant to Item 304(a)(3) of Regulation S-B.
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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.
Fischer-Watt Gold Company, Inc.
Dated: February 11, 1999 By: /s/ George Beattie
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George Beattie, President, Chief Executive
Officer (Principal Executive Officer),
Chairman of the Board and Director
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BDO Seidman 900 Seafirst Financial Center
Accountants and Consultants 601 West Riverside Avenue
Spokane, Washington 99201-0611
Telephone: (509) 747-8095
Fax: (509) 747-0415
February 8, 1999
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Gentlemen:
We have been furnished with a copy of the response to Item 4 of Form 8-K for the
event that occurred on February 4, 1999, to be filed by our former client,
Fischer-Watt Gold Company, Inc. We agree with the statements made in response to
that Item insofar as they relate to our Firm.
Very truly yours,
/s/ BDO Seidman, LLP