SECURITIES AND EXCHANGE COMMISSION Washington, D.C. FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15 (d) of the Securities and Exchange Act of 1934 Date of Report (Date of earliest event reported): May 2, 1995 COEUR D'ALENE MINES CORPORATION (Exact name of Registrant as specified in its charter) Idaho 1-8641 82-0109423 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification Number) 400 Coeur d'Alene Mines Bldg. 505 Front Avenue Coeur d'Alene, Idaho 83814 (Address of principal executive offices) (zip code) Registrant's telephone number, including area code: (208) 667-3511 Not Applicable (Former name or former address, if changed since last report) Item 2. Acquisition or Disposition of Assets. On May 2, 1993, Callahan Mining Corporation ("Callahan"), a wholly-owned subsidiary of Coeur d'Alene Mines Corporation ("Coeur"), consummated its sale of the assets of The Flexaust Company Division of Callahan (the "Flexaust Division") and the shares representing 50% of the equity interest owned by Callahan in Flexadux Incorporated ("Flexadux"), to The Flexaust Company Inc. ("TFC") and its parent, Schauenburg International, Inc. ("SII"). The sale was effected pursuant to an Asset and Stock Purchase Agreement, dated as of April 28, 1995, among SII, TFC and Callahan (the "Agreement"). A copy of the Agreement is filed as an exhibit hereto and is incorporated herein by reference. The Flexaust Division was engaged in the manufacture and sale of lightweight flexible hose and duct and metal tubing. In addition, an affiliate of SII and TFC purchased Callahan's 50% equity interest in a foreign subsidiary and Callahan also effected the sale of certain real properties used in connection with the Flexhaust Division operations. Pursuant to the Agreement, Callahan sold the Flexaust Division assets and Flexadux shares for approximately $10 million payable in cash, of which approximately $4 million was paid at the closing and the balance is payable over the next five years. During the second quarter of 1995, Coeur d'Alene Mines Corporation expects to recognize a pre-tax gain of approximately $4.4 million as a result of the above transactions. Item 7. Financial Statement, Proforma Financial Information and Exhibits In accordance with Items 7(a)(4) and 7(b)(2) of Form 8-K, the financial statements called for by Item 7(a) of Form 8-K and Rule 3-05(b) of Regulation S-X, and the proforma financial information called for by Item 7(b) of Form 8-K and Article XI of Regulation S-X, will be filed by amendment as soon as practicable but not later than July 16, 1995. The following exhibit is filed herewith: Exhibit No. Document 2 Asset and Stock Purchase Agreement, dated as of April 28, 1995, among Schauenburg International, Inc., The Flexaust Company, Inc., and Callahan Mining Corporation. 2 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. COEUR D'ALENE MINES CORPORATION (Registrant) Dated: May 17, 1995 By: /s/JAMES A. SABALA James A. Sabala Senior Vice President and Chief Financial Officer 3