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): May 7, 1998 (April 30, 1998)
HOMESTAKE MINING COMPANY
(Exact name of Registrant as specified in its charter)
Delaware 1-8736 94-2934609
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification Number)
incorporation)
650 California Street, San Francisco, California 94108-2788
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (415) 981-8150
http://www.homestake.com
Item 2. Acquisition of Plutonic Resources Limited
On April 30, 1998 Homestake consummated the acquisition of Plutonic, a
publicly traded Australian gold producer, by an exchange of common
stock for common stock. Shareholders of both companies approved the
combination at separate meetings held in Sydney, Australia and San
Francisco on April 29, 1998. As a result of the acquisition, Homestake
is now the second largest gold producer in Australia. Total
consideration for the acquisition was 64.4 million Homestake common
shares, including 63.9 million shares in exchange for all Plutonic
common shares outstanding based on an exchange ratio of .34 Homestake
common shares for each fully-paid Plutonic common share, and .5 million
Homestake common shares for the Plutonic partly paid shares and options
outstanding. The business combination with Plutonic has been accounted
for as a pooling of interests.
A copy of the Registrant's April 30, 1998 news release is attached as
Exhibit 99.1.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
7(c) Exhibits
99.1 News Release, dated April 30, 1998 announcing that the Registrant
had completed the acquisition of Plutonic Resources Limited.
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 thereunto duly authorized.
Dated: May 11, 1998
HOMESTAKE MINING COMPANY
(Registrant)
By /s/ David W. Peat
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David W. Peat
Vice President and Controller