UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of
1934
Date of Report (Date of earliest event reported):
November 18, 1996
SUMMO MINERALS CORPORATION
(Exact name of registrant as specified in its charter)
British Columbia 0-27272 N/A
(State or other (Commission (IRS Employer
jurisdiction of File No.) Identification No.)
incorporation)
1776 Lincoln St., Suite 1100, Denver, Colorado 80203
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (303) 861-5400
Not Applicable
(Former name or former address, if changed since last report.)
This Report Consists of 2 Pages
Item 5. Other Events.
On November 18, 1996, the Company pursuant to authority granted by
its Board of Directors completed a private placement relating to
the sale of 1,232,180 Units consisting of one share of the
registrant's common stock and one common stock purchase warrant
(the "Units"). The purchase price of the Units was $1.10 Cdn. and
the exercise price of each warrant is also $1.10 per share. Net
proceeds to the Company approximated $995,000. Sales were made
solely to accredited investors pursuant to an exemption provided by
Rule 4(6) of the Securities Act of 1933. The anticipated proceeds
of the offering will be used principally for working capital.
SIGNATURE
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.
SUMMO MINERALS CORPORATION
(Registrant)
Date: November 22, 1996 By: /s/ Gregory A. Hahn
Gregory A. Hahn, President
