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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 Event Requiring Report: October 9, 2001
SILVERADO GOLD MINES LTD.
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(Exact name of registrant as specified in its charter)
British Columbia 000-121332 98 -0045034
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(State of Incorporation) (Commission (IRS Employer
File Number) Identification #)
Suite 505, 1111 West Georgia Street
Vancouver, British Columbia
Canada V6E 4M3
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(Address of Principal Executive Offices)
(604) 689-1535
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(Registrant's telephone number, including area code)
Not Applicable
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(Registrant's Former Name and Address)
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ITEM 1. CHANGES IN CONTROL OF REGISTRANT
None
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
None
ITEM 3. BANKRUPTCY OR RECEIVERSHIP
None
ITEM 4. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT
KPMG LLP (the "Former Accountant") resigned as principal
accountants for Silverado Gold Mines Ltd. (the "Company") on
October 9, 2001. The Company has engaged Morgan & Company,
Chartered Accountants as its principal accountants effective
October 9, 2001. The decision to change accountants has been
approved by the Company's board of directors.
The Former Accountant's report dated March 14, 2001 on the
Company's consolidated financial statements as of and for the
fiscal years ended November 30, 2000 and 1999 did not contain an
adverse opinion or disclaimer of opinion, nor was it qualified or
modified as to uncertainty, audit scope, or accounting
principles, except as indicated in the following paragraph.
The Former Accountant's auditors' report on the consolidated
financial statements of the Company as of and for the years ended
November 30, 2000 and 1999, contained a separate paragraph
stating that "the financial statements are affected by conditions
and events that cast substantial doubt as to the Company's
ability to continue as a going concern, such as those disclosed
in Note 2(a) to the financial statements." Management's plans in
regard to these matters are also described in Note 2(a). The
financial statements do not include any adjustments that might
result from the outcome of this uncertainty.
In connection with the audits of the two fiscal years ended
November 30, 2000 and 1999 and the subsequent interim period
through October 9, 2001, there were no disagreements with the
Former Accountant on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or
procedures, which disagreements if not resolved to the
satisfaction of the Former Accountant would have caused them to
make reference thereto in its report on the financial statements
for such year.
In connection with the audits of the two fiscal years ended
November 30, 2000 and 1999 and the subsequent interim period
through to October 9, 2001, the Former Accountant did not advise
the Company with respect to any of the matters described in
paragraphs (a)(1)(v)(A) through (D) of Item 304 of Regulation S-
K.
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The Company has provided the Former Accountant with a copy of the
foregoing disclosures and has requested in writing that the
Former Accountant furnish it with a letter addressed to the
Securities and Exchange Commission stating whether or not they
agree with such disclosures. A copy of such letter has been filed
as an exhibit to this report in accordance with Item 601 of
Regulation S-K.
ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE
None
ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS
None
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
FINANCIAL STATEMENTS
None
EXHIBITS
16.1 Letter of KPMG, LLP dated October 9, 2001 regarding
the change in the Registrant's Certifying Accountant.
ITEM 8. CHANGE IN FISCAL YEAR
None
ITEM 9. REGULATION FD DISCLOSURE
None
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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.
October 11, 2001 SILVERADO GOLD MINES LTD.
By: /s/ Garry L. Anselmo
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Garry L. Anselmo
President, Chief Executive Officer
Chief Financial Officer
Director
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