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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): December 3, 1999
EXX INC.
(Exact name of registrant as specified in its charter)
NEVADA 1-5654 880325271
(State or other (Commission File (I.R.S. Employer
jurisdiction of Number) Identification
organization) Number)
1350 EAST FLAMINGO, SUITE 689
LAS VEGAS, NEVADA 89119
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (702) 598-3223
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ITEM 5. OTHER EVENTS.
See Press Release attached as Exhibit 99.1 regarding a
declaration of a four to one dividend of the Company's Class A common
stock on shares of the Company's Class A and Class B common stock.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial statements. Not applicable.
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(b) Pro forma financial information. Not applicable.
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(c) Exhibits. See Exhibit Index.
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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.
Dated: December 16, 1999
EXX INC.
By: /s/ David A. Segal
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Name: David A. Segal
Title: Chairman
EXHIBIT INDEX
Exhibit No. Description
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99.1 Press Release, dated as of December 3, 1999.
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EXX INC.
SUITE 689
1350 EAST FLAMINGO ROAD
LAS VEGAS, NV 89119
NEWS RELEASE
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Las Vegas, NV-December 3, 1999-EXX INC (Amex: EXX.A; EXX.B) today
announced that its Board of Directors had approved a stock dividend of four
shares of EXX INC Class A shares for each share of EXX INC Class A or Class B
held at the Record Date.
The Record Date has been established as December 16, 1999. The
effective date of the stock dividend will be December 30, 1999.
It is anticipated that this stock dividend will broaden EXX's
shareholder base, creating a larger and more active market for EXX's shares.
