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: April 16, 2002 JORE CORPORATION 000-26889 81-0465233 (Commission File Number) (IRS Employer Identification No.) A Montana Corporation 45000 Highway 93 South, Ronan, MT 59864 406/528-4397 Item 5. Other Events Press Release -------------------------- Ronan, Montana - April 16, 2002 - Jore Corporation announced today that the sale of the company was concluded in Federal Bankruptcy Court in Missoula, Montana. JORE CORPORATION ANNOUNCES SALE OF THE COMPANY The company was sold to Western Mortgage Company of Pasco, Washington for $32.0 million. Closing is expected to take place on Friday, April 19, or Monday, April 22, in Seattle. Additional details will be announced after the closing is concluded. CONTACTS: Gerald J. McConnell Barbara York President/CEO Human Resources Manager 406-528-4480 406-528-4213 SIGNATURE 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 thereunto duly authorized. JORE CORPORATION April 16, 2002 By: /s/ Kelly Grove Kelly Grove Controller About Jore Corporation Jore Corporation is a leader in the design and manufacture of innovative power tool accessories and hand tools for the do-it-yourself and professional craftsman markets. Jore sells its products under the licensed Stanley brand, Ryobi and Porter Cable brands as well as under various private labels of the industry's largest retailers and power tool manufactures, including Sears, The Home Depot, Lowe's, Canadian Tire, Makita and more.