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): March 10, 1999 (March 8, 1999)
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. Homestake to Acquire Argentina Gold
On March 8, 1999, Homestake Mining Company ("Homestake" or the
"Registrant") and Argentina Gold Corp. ("Argentina Gold") announced a
definitive agreement for Homestake to acquire the Vancouver-based
Argentina Gold for approximately US$200 million in Homestake common
stock. Argentina Gold's principal asset is its 60% interest in the
Veladero property located in northwest Argentina along the El Indio
gold belt.
Under the terms of the agreement, Argentina Gold shareholders will
receive 0.545 shares of Homestake common stock for each share of
Argentina Gold common stock. Homestake will issue a total of
approximately 21 million common shares to acquire all of the shares of
Argentina Gold. The transaction will be accounted for as a pooling of
interests. Homestake and Argentina Gold have agreed to complete the
acquisition as a Plan of Arrangement under the Canada Business
Corporations Act. Completion of the transaction is subject to approval
by the Argentina Gold shareholders, the British Columbia Supreme Court
and further due diligence. The transaction is expected to close in May
1999.
A copy of the Registrant's March 8, 1999 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 March 8, 1999 announcing that Homestake
and Argentina Gold Corp had entered into an agreement for
Homestake to acquire Argentina Gold.
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: March 10, 1999
HOMESTAKE MINING COMPANY
(Registrant)
By: /s/David W. Peat
----------------
David W. Peat
Vice President and Controller