UNITED STATES 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 September 12, 2001 ------------------ Date of Report (Date of earliest event reported) PRINCETON MINING COMPANY (Exact name of registrant as specified in its charter) Idaho 001-04026 82-6008727 ----- --------- ---------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 1111 South Main, Suite 127, Grapevine, TX 76051 ----------------------------------------------- (Address of principal executive offices) (817) 410-5762 -------------- Registrant's telephone number ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT The registrant has dismissed its former principal accountants, DeCoria, Maichel & Teague P.S. of Spokane, Washington and engaged Stephen P. Higgins, CPA of Huntington, New York, as its principal accountants. The change was made effective September 12, 2001. During the fiscal year ended December 31, 2000 and the subsequent interim period through March 31, 2001, there were no disagreements with the former accountants on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of the former accountants would have caused them to make reference in connection with their report to the subject matter of the disagreements, and DeCoria, Maichel & Teague P.S. have not advised the Company of any reportable events as defined in paragraph (A) through (D) of Regulation S-K Item 304 (a)(1)(v). The accountant's report of DeCoria, Maichel & Teague P.S. as of and for the year ended December 31, 2000, did not contain any adverse opinion or disclaimer of opinion, but was qualified as to the uncertainty of the Company's ability to continue as a going concern The decision to change accountants was approved by the Board of Directors of the registrant. The registrant has provided DeCoria, Maichel & Teague P.S. with a copy of this disclosure and has requested that DeCoria, Maichel & Teague P.S. furnish it with a letter addressed to the SEC stating whether it agrees with the above statements. (A copy of DeCoria, Maichel & Teague P.S.'s letter to the SEC, dated September 12, 2001, is filed as Exhibit 16 to the Form 8-K.) 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. PRINCETON MINING COMPANY By /s/ Randy Howell, President and Principal Accounting Officer Date: September 12, 2001 2 EXHIBIT INDEX Exhibit Page Number Description Number 16 Letter from DeCoria, Maichel & Teague P.S., dated September 12, 2001 4 3 Exhibit 16 September 12, 2001 Securities and Exchange Commission 450 Fifth Street SW Washington, D.C. 20549 Re: Princeton Mining Company Commission File Number 001-04026 Dear Sirs: We are in agreement with the statements made by the above registrant in its Form 8-K dated September 12, 2001. Our report on the financial statements of Princeton Mining Company for the year ended December 31, 2000, contained no adverse opinion or disclaimer of opinion, nor was it modified as to audit scope or accounting principles, but it was qualified as to the uncertainty of the Company's ability to continue as a going concern. There were no disagreements with Princeton Mining Company on any matter of accounting principles or practices, financial statement disclosure, or auditing scope procedure. Sincerely, /s/ DeCoria, Maichel & Teague P.S. DeCoria, Maichel & Teague P.S. 4