SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: November 30, 2003
AMERALIA, INC.
- --------------------------------------------------------------------------------
(Exact name of Registrant as specified in its charter)
Commission file number: 0-15474
Utah 84-0631765
- ----------------------------------- ------------------------------
(State or other jurisdiction (IRS Employer Identification
incorporation or organization) Number)
20971 E. Smoky Hill Rd, Centennial, CO 80015
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices)
(720) 876-2373
- --------------------------------------------------------------------------------
Registrant's telephone number, including area code:
Not applicable
- --------------------------------------------------------------------------------
(Former Address of Principal Executive Offices)
ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE.
On February 20, 2003, AmerAlia, Inc., through its indirect,
wholly-owned subsidiary, Natural Soda, Inc., purchased the assets of White River
Nahcolite Minerals Ltd. Liability Co. and certain related contracts held by IMC
Chemicals Inc. with short-term financing provided by funds associated with The
Sentient Group of Grand Cayman. Natural Soda, Inc. is owned by Natural Soda
Holdings, Inc., itself a wholly owned subsidiary of AmerAlia. WRNM and IMC
Chemicals are subsidiaries of IMC Global, Inc.
The original terms of the short-term financing required repayment on
March 24, 2003, however, the parties extended the repayment date to April 17,
2003, then to May 31, 2003 and monthly thereafter through November 30, 2003.
As reported in our filing on Form 8-K of February 20, 2003, the
acquisition was accomplished under a closing agreement between The Sentient
Group, AmerAlia and Natural Soda Holdings that included the terms of this short
term financing. Our recent filing on Form 10-KSB extensively discusses the terms
of the proposed conversion of this short term financing to long term financing
along with additional funding that we anticipate receiving. While we have made
considerable progress in resolving these agreements they have not yet been
finalised, hence the parties have agreed to extend the due date of the
short-term financing until December 31, 2003 and until January 30, 2004 if not
completed by end December. The parties have also agreed that if an Event of
Default occurs under the Note, default interest will be payable at thirty
percent (30%) per annum, compounded annually and calculated from February 20,
2003.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial statements of businesses acquired.
Not applicable.
(b) Pro forma financial statements.
Not applicable.
(c) Exhibits.
1. + Ninth Extension Agreement dated December 16, 2003, between
AmerAlia, Inc., Natural Soda Holdings, Inc. (formerly Natural
Soda, Inc.), Sentient Global Resource Fund I, LP and Sentient
Global Resource Trust No. 1
+ Filed herewith.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
AMERALIA, INC.
December 23, 2003 By: /s/ Robert van Mourik
-------------------------------
Robert C.J. van Mourik,
Executive Vice President
2
EXHIBIT INDEX
<Table>
<Caption>
Exhibit
Number Description
- ------- -----------
1. + Ninth Extension Agreement dated December 16, 2003, between
AmerAlia, Inc., Natural Soda Holdings, Inc. (formerly Natural
Soda, Inc.), Sentient Global Resource Fund I, LP and Sentient
Global Resource Trust No. 1
</Table>
+ Filed herewith.