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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) SEPTEMBER 24, 1998
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AER ENERGY RESOURCES, INC.
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(Exact name of registrant as specified in its charter)
GEORGIA 0-21926 34-1621925
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(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation) Identification No.)
4600 HIGHLANDS PARKWAY, SUITE G, SMYRNA, GEORGIA 30082
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(Address of principal executive offices) (Zip Code)
(Registrant's telephone number, including area code) (770) 433-2127
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NOT APPLICABLE
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
On September 24, 1998, AER Energy Resources, Inc. announced that it had
entered into a Technology Licenses and Services Agreement with Duracell Inc., a
wholly-owned subsidiary of The Gillette Company, pursuant to which AER Energy's
zinc-air battery technology has been licensed to Duracell on primarily a
non-exclusive basis. Under the agreement, Duracell will provide funding to AER
Energy for certain product development projects; in return, Duracell will own
the technology developed under the product development projects funded by
Duracell. AER Energy has certain royalty-bearing and royalty-free rights to
utilize the technology funded by Duracell. Duracell also has certain
non-exclusive rights to AER Energy's currently existing technology and certain
option rights to obtain an exclusive license of AER Energy's technology to
manufacture and sell certain battery cells.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits
10.1 Technology Licenses and Services Agreement, dated as of
September 24, 1998, by and between Duracell Inc. and
AER Energy Resources, Inc.
99.1 Press release dated September 24, 1998
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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.
AER ENERGY RESOURCES, INC.
Date: September 24, 1998 By: /s/ J. T. Moore
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J. T. Moore
Vice President and Chief Financial
Officer
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INDEX TO EXHIBITS
Exhibit Sequential Page No.
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10.1 Technology Licenses and Service Agreement, dated as of September
24, 1998, by and between Duracell Inc. and AER Energy Resources,
Inc.
99.1 Press release dated September 24, 1998
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