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 March 19, 2003 -------------- (Date of earliest event reported): Badger Paper Mills, Inc. ------------------------ (Exact name of registrant as specified in its charter) Wisconsin 0-00795 39-0143840 --------- ------- ---------- (State or other (Commission File Number) (IRS Employer jurisdiction of incorporation) Identification No.) 200 West Front Street, P. O. Box 149, Peshtigo, Wisconsin 54157-0149 -------------------------------------------------------------------- (Address of principal executive offices, including zip code) (715) 582-4551 -------------- (Registrant's telephone number) Item 5. Other Events and Regulation FD Disclosure. - ------- ------------------------------------------ On March 19, 2003, Badger Paper Mills, Inc. issued a press release announcing that it expects a loss for the first quarter ending March 31, 2003, due to rising operating expenses. A copy of the press release is furnished as Exhibit 99 hereto and is incorporated by reference herein. Item 7. Financial Statements and Exhibits. - ------- ---------------------------------- (a) Not applicable. (b) Not applicable. (c) Exhibits. The following exhibit is being filed herewith: (99) Badger Paper Mills, Inc. Press Release dated March 19, 2003. -2- 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. BADGER PAPER MILLS, INC. Date: March 19, 2003 By: /s/ William H. Peters ------------------------------------------- William H. Peters Vice President and Chief Financial Officer -3- BADGER PAPER MILLS, INC. Exhibit Index to Current Report on Form 8-K Dated March 19, 2003 Exhibit Number - ------ (99) Badger Paper Mills, Inc. Press Release dated March 19, 2003 -4-