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): June 5, 1998 (April 29, 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 5. Other Items
1. Offer to acquire minority interests in Prime Resources Group Inc.
On May 25, 1998 the Registrant announced that it had proposed to the
Board of Directors of Prime Resources Group Inc. ("Prime"), the
acquisition by Homestake of the 49.4% of Prime held by the public and
not already owned by Homestake. Under the terms of the offer, Prime
shareholders would receive 0.675 Homestake common shares or 0.675
Homestake Canada Inc. ("HCI") exchangeable shares for each Prime share
held by them. Each HCI exchangeable share would have dividend and
voting rights equivalent to those of one Homestake common share and
would be exchangeable for one Homestake common share at any time at
the option of the holder.
A copy of the Registrant's May 25, 1998 news release is attached as
Exhibit 99.2.
2. Acquisition of Plutonic Resources Limited
As previously reported on the Registrant's Form 8-K filed on May 12,
1998, on April 30, 1998 Registrant consummated the acquisition of
Plutonic Resources Limited ("Plutonic"), a publicly-traded Australian
gold producer, by an exchange of common stock for common stock.
Shareholders of Registrant voted on and approved the acquisition of
Plutonic at a Special Meeting of Shareholders held on April 29, 1998.
Shareholder votes were as follows:
Votes For Votes Against Abstentions
--------- ------------- -----------
79,505,401 1,040,836 603,751
Registrant issued 64,355,692 common shares, including 63,852,400
shares for all Plutonic fully-paid ordinary shares outstanding, and
503,292 for the Plutonic partly-paid shares and options outstanding.
As of close of business on June 5, 1998, there were 211,155,489
Homestake common shares outstanding.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
7(c) Exhibits
99.2 News Release, dated May 25, 1998 announcing the Registrant's
offer to acquire the Prime Resources Group Inc. minority
interests.
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: June 5, 1998
HOMESTAKE MINING COMPANY
(Registrant)
By: /s/ David W. Peat
-----------------
David W. Peat
Vice President and Controller