<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
(RULE 13D-101)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. ___)*
Auric Metals Corporation
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.01 par value per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
051551208
- --------------------------------------------------------------------------------
(CUSIP Number)
James E. Fouts
1475 Terminal Way, Suite E
Reno, Nevada 89502
Tel No.: (318) 343-4448
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
April 17, 2000
- --------------------------------------------------------------------------------
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box
[ ].
Note: Six copies of this statement, including all exhibits,
should be filed with the Commission. See Rule 13d-1(a) for other
parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 18 Pages)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall
not be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of
the Act (however, see the Notes).
<PAGE> 2
SCHEDULE 13D
- --------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Marc J. Schwartz
- --------------------------------------------------------------------------------
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [X]
- --------------------------------------------------------------------------------
3
SEC USE ONLY
- --------------------------------------------------------------------------------
4
SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7
SHARES SOLE VOTING POWER
BENEFICIALLY
35,000
--------------------------------------------------------
OWNED BY 8
EACH REPORTING SHARED VOTING POWER
0
--------------------------------------------------------
PERSON 9
WITH SOLE DISPOSITIVE POWER
35,000
--------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,000
- --------------------------------------------------------------------------------
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.6%
- --------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
2
<PAGE> 3
SCHEDULE 13D
- --------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ronald K. Drucker
- --------------------------------------------------------------------------------
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [X]
- --------------------------------------------------------------------------------
3
SEC USE ONLY
- --------------------------------------------------------------------------------
4
SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7
SHARES SOLE VOTING POWER
BENEFICIALLY
47,000
--------------------------------------------------------
OWNED BY 8
EACH REPORTING SHARED VOTING POWER
0
--------------------------------------------------------
PERSON 9
WITH SOLE DISPOSITIVE POWER
47,000
--------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
47,000
- --------------------------------------------------------------------------------
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.8%
- --------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
3
<PAGE> 4
SCHEDULE 13D
- --------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Jerry Tillem
- --------------------------------------------------------------------------------
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [X]
- --------------------------------------------------------------------------------
3
SEC USE ONLY
- --------------------------------------------------------------------------------
4
SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7
SHARES SOLE VOTING POWER
BENEFICIALLY
10,000
--------------------------------------------------------
OWNED BY 8
EACH REPORTING SHARED VOTING POWER
0
--------------------------------------------------------
PERSON 9
WITH SOLE DISPOSITIVE POWER
10,000
--------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,000
- --------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.0%
- --------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
4
<PAGE> 5
SCHEDULE 13D
1
NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gregory L. Hoover
- --------------------------------------------------------------------------------
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [X]
- --------------------------------------------------------------------------------
3
SEC USE ONLY
- --------------------------------------------------------------------------------
4
SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7
SHARES SOLE VOTING POWER
BENEFICIALLY
89,208
--------------------------------------------------------
OWNED BY 8
EACH REPORTING SHARED VOTING POWER
0
--------------------------------------------------------
PERSON 9
WITH SOLE DISPOSITIVE POWER
89,208
--------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
89,208
- --------------------------------------------------------------------------------
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.1%
- --------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
5
<PAGE> 6
SCHEDULE 13D
- --------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Dean Andersen
- --------------------------------------------------------------------------------
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [X]
- --------------------------------------------------------------------------------
3
SEC USE ONLY
- --------------------------------------------------------------------------------
4
SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7
SHARES SOLE VOTING POWER
BENEFICIALLY
34,000
--------------------------------------------------------
OWNED BY 8
EACH REPORTING SHARED VOTING POWER
0
--------------------------------------------------------
PERSON 9
WITH SOLE DISPOSITIVE POWER
34,000
--------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,000
- --------------------------------------------------------------------------------
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.5%
- --------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
6
<PAGE> 7
SCHEDULE 13D
- --------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Michael Donnelly
- --------------------------------------------------------------------------------
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [X]
- --------------------------------------------------------------------------------
3
SEC USE ONLY
- --------------------------------------------------------------------------------
4
SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7
SHARES SOLE VOTING POWER
BENEFICIALLY
5,460
--------------------------------------------------------
OWNED BY 8
EACH REPORTING SHARED VOTING POWER
0
--------------------------------------------------------
PERSON 9
WITH SOLE DISPOSITIVE POWER
5,460
--------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,460
- --------------------------------------------------------------------------------
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.6%
- --------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
7
<PAGE> 8
SCHEDULE 13D
- --------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Travis V. Owens
- --------------------------------------------------------------------------------
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [X]
- --------------------------------------------------------------------------------
3
SEC USE ONLY
- --------------------------------------------------------------------------------
4
SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7
SHARES SOLE VOTING POWER
BENEFICIALLY
9,000
--------------------------------------------------------
OWNED BY 8
EACH REPORTING SHARED VOTING POWER
0
--------------------------------------------------------
PERSON 9
WITH SOLE DISPOSITIVE POWER
9,000
--------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,000
- --------------------------------------------------------------------------------
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.9%
- --------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
8
<PAGE> 9
SCHEDULE 13D
- --------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Alfred G. Yates, Jr.
- --------------------------------------------------------------------------------
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [X]
- --------------------------------------------------------------------------------
3
SEC USE ONLY
- --------------------------------------------------------------------------------
4
SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7
SHARES SOLE VOTING POWER
BENEFICIALLY
16,250
--------------------------------------------------------
OWNED BY 8
EACH REPORTING SHARED VOTING POWER
0
--------------------------------------------------------
PERSON 9
WITH SOLE DISPOSITIVE POWER
16,250
--------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,250
- --------------------------------------------------------------------------------
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.7%
- --------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
9
<PAGE> 10
SCHEDULE 13D
- --------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Donald Ratajczak
- --------------------------------------------------------------------------------
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [X]
- --------------------------------------------------------------------------------
3
SEC USE ONLY
- --------------------------------------------------------------------------------
4
SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7
SHARES SOLE VOTING POWER
BENEFICIALLY
33,500
--------------------------------------------------------
OWNED BY 8
EACH REPORTING SHARED VOTING POWER
0
--------------------------------------------------------
PERSON 9
WITH SOLE DISPOSITIVE POWER
33,500
--------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
33,500
- --------------------------------------------------------------------------------
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.4%
- --------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
10
<PAGE> 11
SCHEDULE 13D
- --------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Timothy R. Andrews
- --------------------------------------------------------------------------------
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [X]
- --------------------------------------------------------------------------------
3
SEC USE ONLY
- --------------------------------------------------------------------------------
4
SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7
SHARES SOLE VOTING POWER
BENEFICIALLY
1,000
--------------------------------------------------------
OWNED BY 8
EACH REPORTING SHARED VOTING POWER
0
--------------------------------------------------------
PERSON 9
WITH SOLE DISPOSITIVE POWER
1,000
--------------------------------------------------------
10
SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,000
- --------------------------------------------------------------------------------
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.1%
- --------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
11
<PAGE> 12
Item 1. Security and Issuer
The title of the class of equity securities to which this Schedule
relates is common stock, par value $.01 per share ("Common Stock"), issued by
Auric Metals Corporation (the "Company"), the principal executive offices of
which are located at 1475 Terminal Way, Suite E, Reno, Nevada 89502.
Item 2. Identity and Background
1. (a) Marc J. Schwartz
(b) 70 Old Ivy Road, #55, Atlanta, Georgia 30342
(c) The reporting person is an investment advisor at Dunwoody
Brokerage Services, 4243 Dunwoody Place, Atlanta, Georgia
30350.
(d) None.
(e) None.
(f) United States.
2. (a) Ronald K. Drucker
(b) 3530 Piedmont Road, 6-J, Atlanta, Georgia 30305
(c) The reporting person is retired.
(d) None.
(e) None.
(f) United States.
3. (a) Jerry Tillem
(b) 4191 Randall Court, Atlanta, Georgia 30327
(c) The reporting person is retired.
(d) None.
(e) None.
(f) United States.
12
<PAGE> 13
4. (a) Gregory L. Hoover
(b) 2495 Wood Brook Court, Lawrenceville, Georgia 30043
(c) The reporting person is the President of ESX Corp., 2495 Wood
Brook Court, Lawrenceville, GA 30043
(d) None.
(e) None.
(f) United States.
5. (a) Dean Andersen
(b) 3530 Piedmont Road, 10-F, Atlanta, Georgia 30305
(c) The reporting person is an investment advisor at
Smith Barney, Inc., 3333 Peachtree Road, Atlanta, Georgia
30326.
(d) None.
(e) None.
(f) United States.
6. (a) Michael Donnelly
(b) 313 Beebee Road, Bridgeton, New Jersey 28302
(c) The reporting person is a self-employed physical therapist.
(d) None.
(e) None.
(f) United States.
7. (a) Travis V. Owens
(b) 136 Tamarack Trail, Canton, Georgia 30115
(c) The reporting person is retired.
13
<PAGE> 14
(d) None.
(e) None.
(f) United States.
8. (a) Alfred G. Yates, Jr.
(b) 429 Forbes Avenue, Pittsburgh, Pennsylvania 15219
(c) The reporting person is an attorney at Yates & Associates,
429 Forbes Avenue, Pittsburgh, Pennsylvania 15219.
(d) None.
(e) None.
(f) United States.
9. (a) Donald Ratajczak
(b) 1681 Lady Marian Lane, Atlanta, Georgia 30309
(c) The reporting person is an economist, Georgia State
University, 35 Broad Street, Atlanta, Georgia.
(d) None.
(e) None.
(f) United States.
10. (a) Timothy R. Andrews
(b) 1046-F Brentwood Way, Atlanta, Georgia 30350
(c) The reporting person is a contractor, 1046-F Brentwood Way,
Atlanta, Georgia 30350.
(d) None.
(e) None.
(f) United States.
14
<PAGE> 15
Item 3. Source and Amount of Funds or Other Consideration
1. On April 7, 2000, Mr. Schwartz acquired 35,000 shares of the
Common Stock for $38,500 in cash from personal funds.
2. On April 7, 2000, Mr. Drucker acquired 47,000 shares of Common
Stock for $51,700 in cash from personal funds.
3. On April 7, 2000, Mr. Tillem acquired 10,000 shares of Common
Stock for $11,000 in cash from personal funds.
4. On April 7, 2000, Mr. Hoover acquired 89,208 shares of Common
Stock for $98,128 in cash from personal funds.
5. On April 7, 2000, Mr. Andersen acquired 34,358 shares of
Common Stock for $37,793 in cash from personal funds.
6. On April 7, 2000, Mr. Donnelly acquired 5,460 shares of Common
Stock for $6,006 in cash from personal funds.
7. On April 7, 2000, Mr. Owens acquired 9,000 shares of Common
Stock for $9,900 in cash from personal funds.
8. On April 7, 2000, Mr. Yates acquired 16,250 shares of Common
Stock for $17,875 in cash from personal funds.
9. On April 7, 2000, Mr. Ratajczak acquired 33,500 shares of
Common Stock for $36,850 in cash from personal funds.
10. On April 7, 2000, Mr. Andrews acquired 1,000 shares of Common
Stock for $1,100 in cash from personal funds.
Item 4. Purpose of Transaction
The purpose of the purchase by the Reporting Persons of the shares
referred to in Item 3 is to acquire a significant equity position in the Issuer.
The Reporting Persons currently intend to seek to acquire control of the Issuer,
although they have not formulated any specific plan in this regard and, as
indicated below, there can be no assurance that any such plan will be developed
or as to the terms or the timing of any such plan.
Subject to applicable legal requirements and the factors referred to
below, the Reporting Persons may purchase from time to time in open market or
privately negotiated transactions additional shares of Common Stock. In
determining whether to purchase additional shares of Common Stock and
15
<PAGE> 16
in formulating any plan or proposal to acquire control of the Issuer, the
Reporting Persons intend to consider various factors, including, with
limitation, the effect of any legal impediments to further purchases, the
Issuer's financial condition, business operations and prospects, other
developments concerning the Issuer, price levels of the Common Stock, other
opportunities available to the Reporting Persons, and developments with respect
to the Reporting Persons' general economic conditions. In addition, depending
upon, among other things, the matters referred to above, the Reporting Persons
may determine to dispose of all or a portion of their Common Stock.
If the Reporting Persons succeed in acquiring control of the Issuer,
then the Reporting Persons intend to change the nature of the business conducted
by the Issuer from one principally engaged in the acquisition, exploration and
development of interests in various natural resource properties, primarily
through participation with other parties in natural resource joint ventures or
other arrangements, to one engaged principally in investing in and, to a lesser
extent, operating technology companies. In changing the Issuer's business, the
Reporting Persons may seek to sell certain assets of the Issuer, although they
have not formulated any specific plan in this regard, and there can be no
assurance that any such plan will be developed or as to the terms or the timing
of any such plan.
Other than as indicated above, the Reporting Persons do not have any
present plans or proposals which relate to or would result in any of the
following (although the Reporting Persons reserve the right to develop such
plans or proposals): (i) the acquisition of additional securities of the Issuer
or the disposition of securities of the Issuer; (ii) an extraordinary corporate
transaction, such as a merger, reorganization or liquidation, involving the
Issuer or any of its subsidiaries; (iii) a sale or transfer of a material amount
of assets of the Issuer or any of its subsidiaries; (iv) any change in the
present Board of Directors or management of the Issuer, including any plans or
proposals to change the number or term of directors or to fill any existing
vacancies on the Issuer's Board of Directors; (v) any material change in the
present capitalization or dividend policy of the Company; (vi) any other
material change in the Issuer's business or corporate structure; (vii) any
change in the Issuer's charter, bylaws or other actions which may impede the
acquisition of control of the Issuer by any person; (viii) causing a class of
securities of the Issuer to be delisted from a national securities exchange or
cease to be authorized to be quoted in an inter-dealer quotation system of a
registered national securities association; (ix) a class of equity securities of
the Company becoming eligible for termination of registration pursuant to
Section 12(g) (4) of the Securities Exchange Act of 1934, as amended; or (x) any
action similar to any of those enumerated above.
Item 5. Interest in Securities of the Issuer
(a)- (b) See Items 7-13 of the cover pages. The percentage of
outstanding shares of the Common Stock set out in the cover
pages have been computed based on a total of 981,309 shares of
Common Stock indicated as outstanding in the Company's Form
10-QSB for the period ending December 31, 1999.
(c) See Item 3. No other transactions in the Company's Common
Stock have been effected by the persons named in Item 2 above
within the last sixty days.
16
<PAGE> 17
(d) Not Applicable.
(e) Not Applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships
with Respect to Securities of the Issuer
The Issuer has entered into a consulting agreement with Marc
J. Schwartz dated as of April 11, 2000 pursuant to which Mr. Schwartz has agreed
to provide certain consulting services to the Issuer in exchange for $120,000 in
cash and options to acquire an aggregate of 300,000 shares of Common Stock
exercisable as follows:
1. 100,000 exercisable at $1.125 per share;
2. 100,000 exercisable at $1.125 per share when the
stock price of the Issuer reaches and maintains for
10 days a price of $3.00; and
3. 100,000 exercisable at $1.125 per share when the
stock price of the Issuer reaches and maintains for
10 days a price of $5.00.
Item 7. Material to be Filed as Exhibits
99.1 Consulting Agreement dated as of April 11, 2000
between the Issuer and Marc J. Schwartz.
17
<PAGE> 18
After reasonable inquiry each of the undersigned certify that to the
best of their knowledge and belief the information set forth in this statement
is true, complete and correct.
Dated: April 17, 2000.
/s/ Marc J. Scwhartz
---------------------------------------
Marc J. Schwartz
/s/ Ronald K. Drucker
---------------------------------------
Ronald K. Drucker
/s/ Jerry Tillem
---------------------------------------
Jerry Tillem
/s/ Gregory L. Hoover
---------------------------------------
Gregory L. Hoover
/s/ Dean Andersen
---------------------------------------
Dean Andersen
/s/ Michael Donnelly
---------------------------------------
Michael Donnelly
/s/ Travis V. Owens
---------------------------------------
Travis V. Owens
/s/ Alfred G. Yates
---------------------------------------
Alfred G. Yates, Jr.
/s/ Donald Ratajczak
---------------------------------------
Donald Ratajczak
/s/ Timothy R. Andrews
---------------------------------------
Timothy R. Andrews
18
<PAGE> 1
EXHIBIT 99.1
CONSULTING AGREEMENT
This agreement between Auric Metals, Inc. (Auric) and Marc J. Schwartz (Marc) is
for consulting services to be provided by Marc to Auric.
Marc will be responsible for researching and providing information to Auric in
regards to exploring new directions and business for the company to pursue. Marc
will analyze potential acquisitions, mergers, asset purchases and sales, new
hires, capital restructures, and general current business standings.
As compensation, Marc will receive $120,000 to be paid in cash within 90 days of
execution of contract. All expenses relating to the work will be incurred by
Auric.
Marc will receive stock options in Auric to total 300,000 shares. The exercise
price shall be structured as follows:
1. 100,000 exercisable at $1.125 per share.
2. 100,000 exercisable at $1.125 per share when the stock price
reaches and maintains for 10 days a price of $3.
3. 100,000 exercisable at $1.125 per share when the stock price
reaches and maintains for 10 days a price of $5.
This is the entire agreement.
Agreed this day 11, April, 2000
/s/ Marc J. Schwartz /s/ James E. Fouts
Marc J. Schwartz James E. Fouts
President, Auric Metals
19
