NEVADA MANHATTAN MINING INC
8-K, 1998-08-11
GOLD AND SILVER ORES
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549


                                    FORM 8-K

                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


                                July 22, 1998
- --------------------------------------------------------------------------------
                Date of report (Date of earliest event reported)



                      NEVADA MANHATTAN MINING INCORPORATED
- --------------------------------------------------------------------------------
             (Exact Name of Registrant as Specified in Its Charter)

                                     NEVADA
- --------------------------------------------------------------------------------
                 (State or Other Jurisdiction of Incorporation)


               001-12867                             88-0219765
- --------------------------------------------------------------------------------
       (Commission File Number)           (IRS Employer Identification No.)

      5038 N. PARKWAY CALABASAS, SUITE #100, CALABASAS, CA         91302
- --------------------------------------------------------------------------------
               (Address of Principal Executive Offices)         (Zip Code)

                                 (818) 591-4400
- --------------------------------------------------------------------------------
                (Issuer's Telephone Number, Including Area Code)



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Item 5.           Other Events.

     This  report  is filed  solely  to file with the  Securities  and  Exchange
Commission (1) the press release issued on July 22, 1998  announcing 100 percent
increase in revenue from the Company's Brazilian timber operations;  and (2) the
press release issued on July 30, 1998  announcing the Federal  District Court in
New York denied Debenture Holders' request for immediate release of shares.


Item 7.           Financial Statements and Exhibits

         (c)

         Exhibit Number                                             Reference

         (99)     Additional Exhibits

         Press Release dated July 22, 1998                        Exhibit 99.1
         Press Release dated July 30, 1998                        Exhibit 99.2


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                                    SIGNATURE

Pursuant to the  requirements  of the  Securities  and Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.


                                      NEVADA MANHATTAN MINING, INCORPORATED
                                      (Registrant)
 

Date:   August 11, 1998             BY:    /s/ Jeffrey S. Kramer
                                       ----------------------------------
                                       JEFFREY S. KRAMER
                                       CHIEF FINANCIAL OFFICER


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                                  EXHIBIT INDEX

EXHIBIT NO.                         DESCRIPTION
- ----------                          -----------
99.1               Press Release dated July 22, 1998
99.2               Press Release dated July 30, 1998


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                                  EXHIBIT 99.1


               Nevada Manhattan Mining Inc. Announces 100 Percent
              Increase in Revenue From Brazilian Timber Operations

CALABASAS,  Calif.--(BUSINESS WIRE)--July 22, 1998--Nevada Manhattan Mining Inc.
(OTC BB:NVMH - news) Wednesday announced that monthly revenue from its Brazilian
subsidiary has increased by more than 100 percent over last year.

Monthly production is targeted to exceed $200,000,  more than double last year's
highest  output.   Additional  increases  are  anticipated  to  be  realized  in
subsequent months.

According to Christopher D. Michaels, CEO of Nevada Manhattan, "We have achieved
our initial target under the company's business plan and look forward to further
revenue  growth and a  profitable  second  fiscal  quarter  and year."  Michaels
commented  further,  "Our current results confirm that the changes in management
in the company's  Brazilian  subsidiary,  as well as the input from Metsa Timber
relating to this restructuring, was productive and valuable."

Nevada Manhattan Mining is a diversified,  environmentally  responsible,  global
natural-resource  company.  Its mission is to continue building an international
natural-resource  company by acquiring,  developing  and operating rich resource
assets,  converting  them to significant  cash-flow  generators,  thus enhancing
shareholder  value.  The  company  may  develop  these  assets  on its own or in
conjunction with selected strategic partners.

For more  information  on Nevada  Manhattan  Mining,  contact  Yvonne Cambere at
818/591-4400   or  E-mail:   [email protected]   or  visit  the
company's Website at www.nevadamanhattan.com.

Matters  discussed  in this  release  include  forward-looking  statements  that
involve risks and  uncertainties.  Actual  results may be materially  different.
Factors that could cause actual results to differ include risk factors listed in
the company's reports to the Securities and Exchange Commission,  including Form
10 and Form 10-QSB on file with the SEC.


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                                EXHIBIT 99.2


     Court Denies Debenture Holders' Request for Immediate Release of Shares

CALABASAS,  Calif.--(BUSINESS WIRE)--July 30, 1998--Nevada Manhattan Mining Inc.
(OTC/BB:NVMH  - news)  Thursday  announced  that  in the  lawsuit  filed  by two
debenture  holders in Federal  District Court in New York, in response to Nevada
Manhattan  Mining Inc.'s lawsuit filed in Federal  District Court in California,
the New York Court today denied those  debenture  holders'  request for an Order
directing that the company (i) immediately  issue 2,306,878 common shares of the
company and (ii) file a registration  statement with the Securities and Exchange
Commission relating to all shares issuable upon conversion of the debentures.

Nevada Manhattan Mining is a diversified,  natural  resource  company.  For more
information on Nevada Manhattan Mining,  contact Yvonne Cambere at 818/591-4400,
E-mail at [email protected].          



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