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): OCTOBER 13, 1999
STILLWATER MINING COMPANY
(Exact name of small business issuer as specified in its charter)
DELAWARE 0-25090 81-0480654
(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification No.)
1200 SEVENTEENTH STREET, SUITE 900
DENVER, CO 80202
(Address of principal executive offices)
(303) 352-2060
(Registrant's telephone number, including area code)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
(a) Previous Independent Accountants
On October 13, 1999, Stillwater Mining Company (the "Registrant")
dismissed PricewaterhouseCoopers LLP as its independent accountants. The change
of accountants was recommended by the Registrant's Audit Committee and approved
by the Registrant's Board of Directors.
The reports on the Registrant's financial statements for the past two
fiscal years did not contain any adverse opinion or disclaimer of opinion, nor
were they qualified or modified as to uncertainty, audit scope or accounting
principles.
During the Company's two most recent fiscal years, and through October
13, 1999, there were no disagreements with PricewaterhouseCoopers LLP on any
matter of accounting principles or practices, financial statement disclosure or
auditing scope or procedure, which disagreements, if not resolved to the
satisfaction of PricewaterhouseCoopers LLP, would have caused them to make
reference to the subject matter of the disagreement in their reports.
(b) New Independent Accountants
The Registrant engaged KPMG LLP as its new independent accountants as
of October 13, 1999. During the two most recent fiscal years and through
October 13, 1999, the Registrant has not consulted with KPMG LLP regarding
(1) the application of accounting principles to a specified transaction, either
completed or proposed, or the type of audit opinion that might be rendered on
Registrant's financial statements or (2) the subject matter of a disagreement or
a reportable event with the former auditor (as described in Regulation S-K Item
304(a)(1)(v)).
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Exhibits
16 Letter from PricewaterhouseCoopers LLP.
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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.
Stillwater Mining Company
Date: October 20, 1999 By: /s/ JAMES A. SABALA
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James A. Sabala
Vice President and Chief Financial
Officer
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INDEX OF EXHIBITS
OFFICIAL EXHIBIT NO. DESCRIPTION PAGE NO.
16 Letter from PricewaterhouseCoopers LLP*
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* To be filed by amendment.
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