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FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Act of 1934
Date of Report (Date of earliest event reported) October 30, 1998
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KALAN GOLD CORPORATION
(Exact name of Registrant as specified in its charter)
Colorado 0-25658 84-1357927
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation or organization) File Number) Identification No.)
Tower I, Suite 340,
12835 E. Arapahoe Road
Englewood, Colorado 80112
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(Address of principal executive offices and Zip Code)
(303) 706-1606
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(Registrant's telephone number including area code)
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Act of 1934
Item 1. CHANGES IN CONTROL OF REGISTRANT.
The Registrant has issued a total of 3,000,000 of its restricted
common shares in recent transactions. The first transaction was the
issuance of 1,300,000 restricted common shares to Ovorvi Overseas
Corporation in exchange for four licenses to gold properties in the
African country of Burkina Faso. Ovorvi Overseas Corporation is a
private company not previously affiliated with the Registrant or any
of its control persons. The second transaction was the issuance of
1,000,000 restricted common shares to Great Western Finance, Inc. in
exchange for past services relating to past and future potential
acquisitions by the Registrant. Finally, the Registrant has issued
700,000 restricted common shares to certain control persons in
exchange for the forgiveness of prior debt owed by the Registrant
to these individuals.
Item 2. ACQUISITION OR DISPOSITION OF ASSETS.
See Item 2 above and Item 5 below
Item 3. BANKRUPTCY OR RECEIVERSHIP.
Not Applicable
Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
Not Applicable
Item 5. OTHER EVENTS
The Registrant has entered into preliminary discussions for the
purpose of acquiring the assets and operations of a large
manufacturing company in Hong Kong. At the present time, no definitive
agreements have been reached. If the Registrant consummates this
transaction, of which there can be no guarantee, it is planned that
the current owners of this large manufacturing company will assume
control of the Registrant and will apply to the NASDAQ National
Marketing System to have the Registrant's securities traded there.
Item 6. RESIGNATION OF REGISTRANT'S DIRECTORS.
Not Applicable
Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
Not Applicable
Item 8. CHANGE IN FISCAL YEAR.
Not Applicable
Item 9. SALES OF EQUITY SECURITIES PURSUANT TO REGULATION S.
Not Applicable
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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.
KALAN GOLD CORPORATION
Dated: October 30, 1998 By: /s/ Sanford Altberger
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Sanford Altberger
President and Chief Executive Officer
