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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 20, 1998
ICHOR CORPORATION
(Exact name of Registrant as specified in its charter)
Delaware
(State of Incorporation)
000-25132 25-1741849
(Commission File Number) (I.R.S. Employer Identification No.)
Suite 1250, 400 Burrard Street, Vancouver, British Columbia V6C 3A6
(Address of principal executive offices, including postal code)
(604) 683-5767
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS.
As previously disclosed, ICHOR Corporation (the "Corporation") acquired
approximately 87% of the issued and outstanding shares of common stock of
Nazca Holdings Ltd. ("Nazca") effective June 30, 1999, pursuant to a purchase
agreement (the "Purchase Agreement") among the Corporation and certain holders
of the shares (the "Shares") of common stock of Nazca (the "Vendors"). Under
the Purchase Agreement, the Vendors were provided with a one-year option (the
"Vendor's Option") to repurchase from the Corporation approximately 90% of the
Shares so transferred on a pro rata basis subject to meeting certain
conditions.
Two of the Vendors have purported to exercise their Vendor's Option to
reacquire approximately 37.6% of the Shares of Nazca. If the attempted
exercise were valid, the Corporation would hold approximately 49.0% of the
Shares of Nazca. However, the Corporation believes the attempted exercise to
be invalid as the conditions required to be met prior to exercise have not
been satisfied. The Company intends to vigorously defend its interests if a
resolution cannot be negotiated.
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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, thereunto duly authorized.
ICHOR CORPORATION
By: /s/ Roy Zanatta
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Roy Zanatta
Secretary
Date: December 8, 1999
