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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: May 18, 1998
QUEEN SAND RESOURCES, INC.
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(Exact name of registrant as specified in charter)
Delaware 0-21179 75-2615565
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Jurisdiction of Commission File I.R.S. Employer
Incorporation Number Identification
Number
3500 Oak Lawn, Suite 380, LB #31, Dallas, TX 75219-4398
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(Address of principal executive offices)
Registrant's telephone number: (214) 521-9959
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Item 9. Sales of Equity Securities Pursuant to Regulation S.
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On May 1, 1998, the Company issued an aggregate of 500,000 shares of
its Common Stock to two foreign companies for an aggregate of $1,250,000
pursuant to the exercise of 500,000 "A" Warrants .
The shares were issued to an entity that is not a "U.S. person" as that
term is defined under Regulation S and were issued pursuant to the exemption
from registration provided by Regulation S.
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.
QUEEN SAND RESOURCES, INC.
By: /s/ Edward J. Munden
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Edward J. Munden,
President and Chief Executive Officer
Dated: May 18, 1998
