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): October 8, 2003
EXX INC.
(Exact name of registrant as specified in its charter)
| Nevada | 001-0654 | 88-0325271 | ||
| (State or other jurisdiction of organization) |
(Commission File Number) |
(I.R.S. Employer Identification Number) |
| 1350 East Flamingo Road, Suite 689 Las Vegas, Nevada |
89119-5263 | |
| (Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code: (702) 598-3223
| Item 5. | Other Events. |
On October 8, 2003, Newcor, Inc., a subsidiary of EXX Inc., completed the previously announced sale of the assets of Newcors Midwest Rubber & Plastic, Inc. subsidiary to a group led by local management. The net proceeds received by Newcor in the transaction of approximately $4.5 million will be utilized to reduce Newcors indebtedness.
| Item 7. | Financial Statements and Exhibits. |
| (a) | Financial statements. Not applicable. |
| (b) | Pro forma financial information. Not applicable. |
| (c) | Exhibits. Not applicable. |
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.
Dated: October 14, 2003
| EXX INC.
| ||||
| By: | /s/ David A Segal | |||
| Name: | David A. Segal | |||
| Title: | Chairman and Chief Executive Officer | |||