SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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) September 14, 2005
BAY RESOURCES, LTD
(Exact Name of Company as Specified in Charter)
Delaware 0-16097 98-007697
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(State or Other Jurisdiction of (Commission File No.) (IRS Employer
Incorporation) Identification No.)
Level 8, 580 St Kilda Road, Melbourne, Victoria Australia 3004
(Address of Principal Executive Offices) (Zip Code)
Company's telephone number 61-3-8532-2860
Company's facsimile number 61-3-8532-2805
Company's email address bayresources@axisc.com.au
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Company's website address www.bayresourcesltd.com
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act
(17 CFR 240.14a-12(b))
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departures of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
(a) Departure of Director
(i) The Company advises that Mr. Paul Ehrlich has resigned as a
Director effective September 14, 2005.
(ii) Mr. Ehrlich was also a member of the Audit and Remuneration
Committee's.
(iii) Mr. Ehrlich's resignation is not the result of a disagreement
with the Company nor has he refused to stand for re-election at
the next annual general meeting and he has not been removed for
cause.
(b) Appointment of Director
(i) The Company advises that Mr. Mordechai Zev Gutnick has been
elected a Director effective September 14, 2005. Mr. MZ Gutnick
is a non-executive Director.
(ii) Mr. Mordechai Gutnick is a businessman and long-term investor in
the mining industry. He is also a Director of Astro Diamond Mines
N.L. (May 2003 to current), Great Gold Mines N.L. (May 2003 to
current) and Quantum Resources Limited (May 2003 to current).
(iii) The Company advises there are no arrangements or understandings
by which Mr. M Z Gutnick was selected a Director.
(iv) Mr. M Z Gutnick has been appointed to the Audit and Remuneration
Committee's, effective September 14, 2005.
(v) Mr. M Z Gutnick has not been a party to any transactions with the
Company.
About Bay Resources Ltd
Bay Resources Ltd is a Delaware corporation that is focusing its activities in
the mining and exploration industry. Bay Resources has acquired a strategic land
position in the highly prospective Committee Bay Greenstone Belt, Canada, for
the purpose of undertaking gold and base metal exploration. Bay Resources has
also entered into an arrangement with Tahera Corporation ("Tahera"), a Canadian
diamond explorer, to explore for gold and base metals on Tahera's ground in the
Slave Craton of northern Canada. Bay Resources is continuing to investigate
opportunities in the industry for investment and or other types of
participation. For further information please visit our website at
www.bayresourcesltd.com
Forward-Looking Statements
Forward-looking statements in this press release are made pursuant to the "safe
harbour" provisions of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that such forward-looking statements involve risks and
uncertainties including, without limitation, the risks of exploration and
development stage projects, risks associated with environmental and other
regulatory matters, mining risks and competition and the volatility of gold
prices. Actual results and timetables could vary significantly. Additional
information about these and other factors that could affect the Company's
business is set forth in the Company's fiscal 2004 Annual Report on Form 10-KSB
and other filings with the Securities and Exchange Commission.
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.
BAY RESOURCES, LTD
(Company)
By:/s/ Peter Lee
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Peter Lee
Director, Secretary and
Chief Financial Officer
Dated: September 14, 2005