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) February 12, 2002
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CANARGO ENERGY CORPORATION
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(Exact Name of Registrant as Specified in its Charter)
Delaware 0-9147 91-0881481
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(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification No.)
CanArgo Services (UK) Limited
150 Buckingham Palace Road
London, England SW1W 9TR
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (44) 207 808 4700
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(Former Name or Former Address, if Changed Since Last Report)
ITEM 5. OTHER EVENTS
On February 12, 2002, CanArgo announced that it closed a private placement of
approximately 5.2 million shares of its common stock for gross proceeds of
approximately $1.7 million. Such proceeds will be used for working capital
purposes and future capital expenditures in Georgia.
ABG Sundal Collier ASA acted as placement agent for this transaction.
The shares to be issued in connection with this placement were issued under
Regulation S of the Securities Act of the United States and have not been
registered under the Securities Act of 1933, as amended, and may not be offered
or sold in the United States or to U.S. persons (as defined in such Regulation)
absent registration or an applicable exemption from registration.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits
7(1) Press release dated February 12, 2002 regarding CanArgo
announcement that it had completed a private placement
of approximately 5.2 million shares of the Registrants
common stock.
SIGNATURES
Pursuant to the requirement 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.
CANARGO ENERGY CORPORATION
Date: February 14, 2002 By: /s/Anthony J Potter
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Anthony J. Potter
Corporate Secretary
EXHIBIT INDEX
FILED WITH
EXHIBIT THIS
NUMBER EXHIBIT REPORT
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7(1) Press release dated February 12, 2002 regarding CanArgo announcement X
that it had completed a private placement of approximately 5.2
million shares of the Registrants common stock.