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 16, 1999 ECHO BAY MINES LTD. ------------------------------------------------------ (Exact name of registrant as specified in its charter) INCORPORATED UNDER THE LAWS OF CANADA 1-8542 NONE - ------------------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employee of incorporation) File Number) Identification No.) 6400 SOUTH FIDDLER'S GREEN CIRCLE, SUITE 1000, ENGLEWOOD, CO 80111-4957 - ------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (303) 714-8600 ITEM 5. OTHER EVENTS On March 16, 1999, Echo Bay Mines Ltd. (the "Company") announced that, in light of continued low gold prices, the Company has elected to defer the interest payment due on April 1, 1999 to holders of its $100 million capital securities. A Press Release with respect to this matter is included as Exhibit 99.1 hereto and is incorporated herein in its entirety by reference. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits. 99.1 Press release dated March 16, 1999 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. ECHO BAY MINES LTD. (Registrant) Date: March 18, 1999 By: /S/TOM S.Q. YIP ---------------------------------------------- Name: Tom S.Q. Yip Title: Vice President and Controller EXHIBIT INDEX Exhibit No. Description - ------- ----------- 99.1 Press release dated March 16, 1999