-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RADw6kNNJghQ/Qt/6Oe7GECn5BTYq9g66W7A1eBM2fZsxLesEpYuwXXqayCo37EU wXZ/tuxC1HTHQRlC27twmw== 0000950123-97-007882.txt : 19970918 0000950123-97-007882.hdr.sgml : 19970918 ACCESSION NUMBER: 0000950123-97-007882 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970911 ITEM INFORMATION: FILED AS OF DATE: 19970916 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: QUEEN SAND RESOURCES INC CENTRAL INDEX KEY: 0000943548 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 752615565 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-21179 FILM NUMBER: 97681078 BUSINESS ADDRESS: STREET 1: 3500 OAK LAWN STREET 2: STE 380, LB #31 CITY: DALLAS STATE: TX ZIP: 75219-4398 BUSINESS PHONE: 2145219959 MAIL ADDRESS: STREET 1: 3500 OAK LAWN STREET 2: SUITE 380 LB #31 CITY: DALLAS STATE: TX ZIP: 75219-4398 8-K 1 QUEEN SAND RESOURCES, INC. 1 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: September 11, 1997 QUEEN SAND RESOURCES, INC. --------------------------------------------------- (Exact name of registrant as specified in charter) Delaware 0-21179 75-2615565 --------------- --------------- --------------- Jurisdiction of Commission File I.R.S. Employer Incorporation Number Identification Number 3500 Oak Lawn, Suite 380, LB #31, Dallas, TX 75219-4398 ------------------------------------------------------------ (Address of principal executive offices) Registrant's telephone number: (214) 521-9959 2 Item 9. Sales of Equity Securities Pursuant to Regulation S. Pursuant to the Securities Purchase Agreement, dated March 27, 1997 (the "Agreement") between Queen Sand Resources, Inc. (the "Company") and Joint Energy Development Investments Limited Partnership, a Delaware limited partnership ("JEDI"), the Company agreed to raise from the placement of its common stock at least $5.4 million in net proceeds by December 31, 1997. To this end, the Company plans to offer shares of its common stock to foreign persons and entities on a continuing basis through the end of December, 1997. In this regard, on September 8, 1997 the Company sold an aggregate of 250,000 shares of its Common Stock to a foreign company for an aggregate of $762,500. The Company paid $76,250 in commissions, including third party costs, on the transaction. In a separate transaction, on September 10, 1997 the Company sold an aggregate of 200,000 shares of its Common Stock to a foreign company for an aggregate of $700,000. The Company paid $70,000 in commissions, including third party costs, on the transaction. The shares were issued to an entity that is not a "U.S. person" as that term is defined under Regulation S and were issued pursuant to the exemption from registration provided by Regulation S. The purchasers are restricted from reselling these securities to "U.S. persons" for a period of one year. 3 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. QUEEN SAND RESOURCES, INC. By: /s/ RONALD I. BENN ---------------------------- Ronald I. Benn Chief Financial Officer Dated: September 11, 1997 -----END PRIVACY-ENHANCED MESSAGE-----