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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission File Number 001-09620
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(Check One):
[ ] Form 10-K [ ] Form 20-F [ ] Form 11-K [X] Form 10-Q [ ] Form N-SAR
For Period Ended: June 30, 1998
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[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended:
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Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
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If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:
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PART I -- REGISTRANT INFORMATION
Amax Gold Inc.
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Full Name of Registrant
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Former Name if Applicable
185 South State Street, Suite 820
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Address of Principal Executive Office (Street and Number)
Salt Lake City, Utah 84111
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City, State and Zip Code
PART II--RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rules 12b-25(b), the following
should be completed. (Check box if appropriate)
[X] (a) The reasons described in reasonable detail in
Part III of this form could not be eliminated
without unreasonable effort or expense;
[X] (b) The subject annual report, semi-annual
report, transition report on Form 10-K, Form
20-F, 11-K, Form N-SAR, or portion thereof,
will be filed on or before the fifteenth
calendar day following the prescribed due
date; or the subject quarterly report of
transition report on Form 10-Q, or portion
thereof will be filed on or before the fifth
calendar day following the prescribed due
date; and
[ ] (c) The accountant's statement or other exhibit
required by Rule 12b-25(c) has been attached
if applicable.
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PART III--NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 20-F, 11-K,
10-Q, N-SAR, or the transition report or portion thereof, could not be filed
within the prescribed time period. (ATTACH EXTRA SHEETS IF NEEDED)
See Exhibit 1
PART IV--OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification
Brian G. Lloyd (801) 532-7840
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or
15(d) of the Securities Exchange Act of 1934 or Section 30 of
the Investment Company Act of 1940 during the preceding 12
months or for such shorter period that the registrant was
required to file such report(s) been filed? If answer is no,
identify report(s).
[X] Yes [ ] No
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(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal
year will be reflected by the earnings statements to be
included in the subject report of portion thereof?
[X] Yes [ ] No
If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the
reasons why a reasonable estimate of the results cannot be
made.
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Amax Gold Inc.
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date August 14, 1998 By /s/ Shelley M. Riley
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Corporate Secretary
INSTRUCTION: The form may be signed by an executive officer of the registrant
or by any other duly authorized representative. The name and title of the
person signing the form shall be typed or printed beneath the signature. If
the statement is signed on behalf of the registrant by an authorized
representative (other than an executive officer), evidence of the
representative's authority to sign on behalf of the registrant shall be filed
with the form.
ATTENTION
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Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (See 18 U.S.C. 1001)
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(Attach Extra Sheets If Needed)
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AMAX GOLD INC.
EXHIBIT 1 TO FORM 12B-25
On June 1, 1998, Amax Gold Inc. (the "Company") and Kinross Gold
Corporation ("Kinross") effected a business combination (the "Merger") whereby
Kinross Merger Corporation, a wholly-owned subsidiary of Kinross, was merged
with and into the Company and the Company became a subsidiary of Kinross.
Subsequent to the consummation of the Merger, Kinross transferred to Kinross
Gold U.S.A., Inc., a wholly-owned subsidiary of Kinross ("Kinross U.S.A."),
all of the shares of Amax Gold Common Stock acquired by Kinross in the Merger.
Kinross U.S.A. now owns 100% of the outstanding shares of Amax Gold Common
Stock.
In the period since the consummation of the Merger, the Company, Kinross
and Kinross U.S.A. have undertaken extensive efforts to consolidate the
operations and financial statements of the three companies. Although much of
the consolidation has been completed, and the Company, Kinross and Kinross
U.S.A. have devoted significant resources to complete the reconciliation of
historical financial information of the three companies, the Company does not
yet have the financial information necessary for presentation in the Quarterly
Report on Form 10-Q for the Quarter Ended June 30, 1998, which is required to
be filed not later than August 14, 1998. The Company intends to continue its
efforts to complete the consolidation and reconciliation described above in an
effort to complete and file the Form 10-Q.