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FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
REPORT OF FOREIGN ISSUER
Pursuant to Rule 13a-16 or 15d-16 of
The Securities Exchange Act of 1934
For the month of November, 2002
SEC File #0-24570
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CENTRAL MINERA CORPORATION
Ste. 1040 - 885 West Georgia St., Vancouver, BC V6C 3E8 Canada
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(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F
Form 20-F [ X ] Form 40-F [ ]
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [ ] No [ X ]
If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-
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THIS FORM 6-K CONSISTS OF:
BRITISH COLUMBIA SECURITIES COMMISSION FORM 53-901F
PRESS RELEASE
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.
CENTRAL MINERA CORPORATION
By: /s/ Michael Cytrynbaum
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Name: Michael Cytrynbaum
Title: President
Date: November 21, 2002
BC FORM 53-901F
(Previously Form 27)
SECURITIES ACT (BRITISH COLUMBIA)
MATERIAL CHANGE REPORT UNDER SECTION 85(1)
OF THE SECURITIES ACT AND SECTION 151 OF THE SECURITIES RULES
1. REPORTING ISSUER
Central Minera Corp.
2. DATE OF MATERIAL CHANGE
November 21, 2002
3. PRESS RELEASE
Date of Issuance: November 21, 2002
Place of Issuance: Vancouver, British Columbia
4. SUMMARY OF MATERIAL CHANGE
The Company has cancelled an aggregate of 562,500 of the Company's
common shares held in escrow pursuant to an escrow agreement entered
into in 1991.
5. FULL DESCRIPTION OF MATERIAL CHANGE
Central Minera Corp. reports that an aggregate of 562,500 of the
Company's common shares that were held in escrow pursuant to an escrow
agreement entered into in 1991 in connection with the Company's initial
public offering, have been cancelled without payment of any
consideration to the holders. The escrow agreement provided that any
shares not released from escrow ten years from the date of issuance of
the receipt for the Company's prospectus relating to its initial public
offering be cancelled. The prospectus was dated December 18, 1991. The
562,500 common shares that have been cancelled represented the balance
of 750,000 shares originally deposited in escrow. As a result of the
cancellation, the number of common shares currently issued and
outstanding has been reduced from 21, 760,068 to 21,197,568.
6. RELIANCE ON SECTION 85(2) OF THE ACT
Not applicable.
2
7. OMITTED INFORMATION
Not applicable.
8. SENIOR OFFICERS
For further information contact:
Michael Cytrynbaum
President
Telephone: (604) 687-6191
Fax: (604) 669-0131
9. STATEMENT OF SENIOR OFFICER
The foregoing accurately discloses the material change referred to
herein.
DATED at Vancouver, British Columbia, this 21st day of November, 2002.
CENTRAL MINERA CORP.
Per: /s/ Michael Cytrynbaum
Michael Cytrynbaum, President.
CENTRAL MINERA CORP.
SUITE 1040
885 WEST GEORGIA STREET
VANCOUVER, BRITISH COLUMBIA
V6C 3E8
TELEPHONE: (604) 687-6191
FAX: (604) 669-0131
OTC SYMBOL: CENMF NR02-02
NEWS RELEASE
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NOVEMBER 20, 2002 - Central Minera Corp. reports that an aggregate of 562,500 of
the Company's common shares that were held in escrow pursuant to an escrow
agreement entered into in 1991 in connection with the Company's initial public
offering, have been cancelled without payment of any consideration to the
holders. The escrow agreement provided that any shares not released from escrow
ten years from the date of issuance of the receipt for the Company's prospectus
relating to its initial public offering be cancelled. The prospectus was dated
December 18, 1991. The 562,500 common shares that have been cancelled
represented the balance of 750,000 shares originally deposited in escrow. As a
result of the cancellation, the number of common shares currently issued and
outstanding has been reduced from 21,760,068 to 21,197,568.
ON BEHALF OF THE BOARD OF DIRECTORS
/s/ Michael Cytrynbaum
Michael Cytrynbaum
President
This release contains "forward looking statements" within the meaning of Section
27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act
of 1934. Any statements that express or involve discussions with respect to
predictions, expectations, beliefs, plans, projections, objectives, goals,
assumptions or future events of performance are not statements of historical
fact and may be "forward looking statements". Forward looking statements are
based on expectations, estimates and projections at the time the statements are
made that involve a number of risks and uncertainties, which could cause actual
results or events to differ materially from those presently anticipated. Factors
which may cause actual results to differ include availability of financing when
needed, inability to establish reserves, environmental permitting regulations
and requirements, weather, unforeseen technical difficulties, unusual and
unexpected geological formations and other factors set forth in the Company's
filings on Form 20-F with the Securities and Exchange Commission. Forward
looking statements in this news release may be identified through the use of the
words such as "expects", "will", "anticipates", "estimates", "believes", or
statements indicating certain actions "may", "could", or "might" occur.