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): AUGUST 22,
2003
SILVER BUTTE MINING COMPANY, INC.
(Exact name of registrant as specified in its charter)
IDAHO 1-5970 82-0263301
(State of (Commission File (IRS Employer
of incorporation or Number) Identification
other jurisdiction) No.)
520 Cedar Street
Sandpoint, Idaho 83864
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (208-
263-5154)
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
Effective August 22, 2003, the Board of Directors of Silver
Butte Mining Company, Inc. (the "Company"), recommended and
directed:
(a) The dismissal of DeCoria, Maichel & Teague, P.S.("DMT")
as the Company's independent accountants and the engagement
of LeMasters & Daniels, PLLC ("L&D") as the Company's
independent accountants to audit the Company's financial
statements for the fiscal year ending August 31,
2003.
The report of DMT on the Company's financial statements for
the past two fiscal years did not contain an adverse opinion
or a disclaimer of opinion and was not qualified or modified
as to audit scope or accounting principles. DMT did modify
its report as to the uncertainty of the Company's ability to
continue as a going concern.
In connection with the audits of the Company's financial
statements for each of the two fiscal years ended August 31,
2002, and in the subsequent interim periods, there were no
disagreements between the Company and DMT on any matters of
accounting principles or practices, financial statement
disclosure, or auditing scope or procedures that, if not
resolved to the satisfaction of DMT, would have caused DMT to
make reference to the subject matter of the disagreement(s)
in its report. During the two fiscal years ended August 31,
2002 and through August 22, 2003, there have been no
reportable events (as defined in Securities and Exchange
Commission Regulation SK Item 304(a)(1)(iv)).
(b) No consultations occurred between the Company and L&D
during the two fiscal years and any interim period preceding
the appointment of L&D regarding the application of
accounting principles to a specific transaction (either
completed or proposed), the type of audit opinion that might
be rendered on the Company's financial statements or any
other accounting, auditing or financial reporting matter
required to be disclosed here pursuant to Regulation SK Item
304(a)(2).
(c) The Company provided a copy of the disclosure contained
in this Current Report on Form 8-K to DMT and requested it to
furnish it a letter addressed to the Securities and Exchange
Commission stating whether it agrees with the disclosures
made herein. A copy of that letter, dated August 22, 2003,
is filed as Exhibit 2.1 to this Current Report on Form 8-K.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements. None
(b) Pro Forma Financial Information. None
Exhibits
A list of exhibits required to be filed as part of this
report is set forth in the Exhibit Index, which immediately
precedes such exhibits, and is incorporated herein by
reference.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Company has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
SILVER BUTTE MINING COMPANY, INC.
(Registrant)
By /s/ Terry C. McConnaughey
- ----------------------------
Terry C. McConnaughey, President
Date: AUGUST 22, 2003
SILVER BUTTE MINING COMPANY
EXHIBIT INDEX
Exhibit
Number Description
- ------- ---------------------------------------------------
2.1 Letter addressed to the Securities and Exchange
Commission dated August 22, 2003, from the Company's former
independent accountants, DeCoria, Maichel & Teague, LLP,
relative to their agreement with the Statements made in Item
4 of this Current Report on Form 8-K.
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