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 Date of Report (Date of Earliest Event Reported) March 7, 2003 AMG OIL LTD. ................................................................................ (Exact name of registrant as specified in its charter) Nevada 000-30087 N/A ................................................................................ (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 887 Helmcken Street, Vancouver, B.C., Canada V6Z 1B1 ................................................................................ (Address of principal executive offices) (Zip Code) (604) 682-6496 ................................................................................ (Registrant's telephone number, including area code) Suite 1400, 700 - 4th Avenue, SW, Calgary, Alberta, Canada T2P-3J4 ................................................... (Former name or former address, if changed since last report.) Item 5. Other Events and Regulation FD Disclosure On March 7, 2003 the Company entered into a $30,000 loan agreement with The Innes Group, Inc. per details provided in Exhibit 99.1. In addition, on March 10, 2003, the Company's President, Mr. Cameron Fink who is also a Director of the Company, tendered his resignation as President and as a Director to the board of directors, all of whom accepted Mr. Fink's resignation. Mr. Michael Hart, currently the Company's Corporate Secretary, Treasurer and a Director of the Company consented, at the board of directors request, to act as the Company's Interim President and Chief Executive Officer, until such time that the Company finds a suitable replacement. 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. AMG OIL LTD. (Name of Registrant) Date: March 11, 2003 By: /s/ Michael Hart Michael Hart, President INDEX TO EXHIBITS Exhibit Number Description 99.1 Loan Agreement