SECURITIES AND EXCHANGE COMMISSION
Washington, DC
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report: March 8, 2000
GOLDEN EAGLE INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
Colorado 0-23726 84-1116515
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
12401 South 450 East, Bldg. D2, Suite A, Salt Lake City, UT 84020
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (801) 619-9320
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Item 5. Other Events
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Golden Eagle International, Inc. announced in a press release dated
February 23, 2000, that on February 18, 2000, the Federal District Court in
Denver, Colorado found in favor of Golden Eagle's President, Terry C. Turner, in
a civil action filed by the Securities and Exchange Commission. In SEC v. Golden
Eagle, et al, the SEC alleged that Mr. Turner, as the Company's President, had
violated certain provisions of the securities laws by releasing the results of a
proven reserve estimate regarding the Cangalli gold deposit made in a geological
report that Golden Eagle International, Inc. had received in May of 1998. That
report had been prepared by an independent geological and mining engineering
consulting firm in La Paz, Bolivia. Golden Eagle had subsequently announced that
the company had reservations about the proven reserve calculation and was not
claiming any proven reserves in its filings with the SEC. After four days of
testimony, the Honorable Zita L. Weinshienk, Federal District Court Judge for
Colorado, found that the SEC had not proven that Mr. Turner had committed any of
the alleged securities violations and entered judgment for Mr. Turner on all
claims.
Golden Eagle International, Inc. is a gold exploration and mining company
located in Salt Lake City, Utah. The Company is currently focusing its efforts
on developing its mining rights in Tipuani Gold Mining District in Bolivia. For
more information about the Company, call Sabrina Martinez at (801) 619-9320 or
Guy Murrel at (303) 581-7760. Media inquires should be directed to Mr. Murrel.
Golden Eagle can also be found at its website: www.geii.com, where management
recommends that all shareholders and prospective shareholders review its Annual
Reports on Form 10-KSB, Quarterly Reports on Form 10-QSB and Current Reports on
Form 8-K.
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 thereunto duly authorized.
Date: March 8, 2000 Golden Eagle International, Inc.
By: /s/ Terry C. Turner
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Terry C. Turner, President
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