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<SEC-DOCUMENT>0000869531-06-000019.txt : 20060511
<SEC-HEADER>0000869531-06-000019.hdr.sgml : 20060511
<ACCEPTANCE-DATETIME>20060511162835
ACCESSION NUMBER:		0000869531-06-000019
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20060505
ITEM INFORMATION:		Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20060511
DATE AS OF CHANGE:		20060511

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GOLDEN EAGLE INTERNATIONAL INC
		CENTRAL INDEX KEY:			0000869531
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		IRS NUMBER:				841116515
		STATE OF INCORPORATION:			CO
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23726
		FILM NUMBER:		06830458

	BUSINESS ADDRESS:	
		STREET 1:		12401 SOUTH 450 EAST
		STREET 2:		BLDG D1
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84020
		BUSINESS PHONE:		8016199320

	MAIL ADDRESS:	
		STREET 1:		12401 SOUTH 450 EAST
		STREET 2:		BLDG D1
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84020

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BENEFICIAL CAPITAL FINANCIAL SERVICES CORP
		DATE OF NAME CHANGE:	19940329
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>ge_8k-may1106.htm
<TEXT>


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<A NAME=A001></A>
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>UNITED STATES<BR>SECURITIES AND EXCHANGE
COMMISSION <BR><U>Washington, D.C. 20549 </U></B></FONT></P>

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<A NAME=A003></A>
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>FORM 8-K</B> </FONT></P>

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<A NAME=A004></A>
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>CURRENT REPORT

<BR>Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934</B> </FONT></P>

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<A NAME=A005></A>
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2> <B>Date of Report: May 5, 2006</B></FONT></P>

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<A NAME=A006></A>
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>Golden Eagle
International, Inc.</B>  </FONT></P>

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<P ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Exact Name of Registrant as
Specified in its Charter) </FONT></P>


<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="600" ALIGN="Center">
<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=38% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;<U><B>Colorado</B></U></FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U><B>0-23726</B></U></FONT></TD>
     <TD WIDTH=32% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U><B>84-1116515</B></U></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(State or Other</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Commission</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(I.R.S. Employer</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Jurisdiction of</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>File Number)</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Identification</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;Incorporation)</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>No.)</FONT></TD></TR>

</TABLE>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U><B>9661 South 700 East, Salt Lake City, Utah 84070</B> </U><BR>(Address of Principal
Executive Offices) (Zip Code) </FONT></P>

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<A NAME=A010></A>
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U><B>(801) 619-9320</B> </U><BR>(Registrant&#146;s
Telephone Number, Including Area Code) </FONT></P>

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<A NAME=A012></A>
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U><B>Not applicable</B></U>  <BR>(Former Name or Former
Address, If Changed Since Last Report.) </FONT></P>
<BR><BR><BR>
<HR>
<BR>
<BR><BR>





<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 5.02&nbsp;&nbsp;&nbsp;&nbsp;
        Departure of Directors or Principal Officers; Election of Directors; Appointment
of Principal Officers </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Indent Lv 0- TNR" FSL="Workstation" -->
     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;a.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          On May 5, 2006, H. Roy Shipes resigned as Golden Eagle International,
          Inc.&#145;s (hereafter referred to as &#147;we&#148; or &#147;our) Chairman of
          the Board due to potential conflicts of interest with other companies for which
          he serves as Chief Executive Officer and Chairman of the Board. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;b.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          On May 9, 2006, the Board of Directors appointed H.E. &#147;Gene&#148; Dunham as
          a Director. We intend to have Mr. Dunham serve as a member of our audit
          committee and compensation committee. Information regarding Mr. Dunham&#146;s
          experience in the mining industry is included in a press release distributed on
          May 10, 2006 and attached to this Form 8-K. </FONT></P>

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<A NAME=A015></A>
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 9.01&nbsp;&nbsp;&nbsp;&nbsp;
Financial Statements and Exhibits  </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD ALIGN=RIGHT WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>99.1  </FONT></TD>
<TD ALIGN=LEFT WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<A HREF="ge_8k-may1106pr.htm">Press
release containing the resume of H.E. Dunham announcing Mr. Dunham's appointment as
Director</A> </FONT></TD>
</TR>
</TABLE>
<BR>


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<A NAME=A016></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURES </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant caused this
report to be signed on its behalf by the undersigned, thereunto duly authorized, on the
11<SUP>th</SUP> day of May, 2006. </FONT></P>


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<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Golden Eagle International, Inc.</B><BR><BR>
<BR>By: /s/ Terry C. Turner<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>
Terry C. Turner<BR>President and Chief Executive Officer</FONT></TD>
</TR>
</TABLE>
<BR>

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<IMG SRC="ge_thegoldeneagle.gif">
<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=600>
<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TH></TR>

<TR VALIGN=Bottom>
     <TD WIDTH=33% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>9661 South 700 East</FONT></TD>
     <TD WIDTH=33% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Avenida Arce y Montevideo</FONT></TD>
     <TD WIDTH=33% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Jaimes Freire, 4 Norte</FONT></TD></TR>

<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Salt Lake City, Utah 84070</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Edificio Montevideo, Piso 4, Of. 1</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Calle Las Jardineras #16</FONT></TD></TR>

<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>USA</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>La Paz, Bolivia</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Santa Cruz de la Sierra, Bolivia</FONT></TD></TR>

<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(801) 619-9320 Office</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(591-2) 244-4140 Oficina</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(591-3)312-1148 Oficina</FONT></TD></TR>

<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(801) 619-1747 Fax</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(591-2) 215-5533 Fax</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(591-3)312-1149 Fax</FONT></TD></TR>

<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>info@geii.com</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>info@geii.com</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>info@geii.com</FONT></TD></TR>
</TABLE>

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<A NAME=A003></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>FOR IMMEDIATE RELEASE </B></FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>CONTACT:</B>  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;        Sabrina Martinez
in Investor Relations: (801) 619-9320 </FONT></P>

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<A NAME=A004></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>Golden Eagle Appoints
Experienced <BR>Mining Professional to
Board of Directors </FONT></H1>

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<A NAME=A006></A>
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>Chairman H. Roy Shipes
Resigns </I></FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SALT LAKE CITY,
UTAH&#151;(BUSINESSWIRE) &#151; May 10, 2006 &#151; <B>Golden Eagle</B> <B>International,
Inc.</B> (<B><I>MYNG</I>, OTCBB)</B> announced today that its Board of Directors has
appointed H.E. &#147;Gene&#148; Dunham, 63, as a Board member. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mr.
          Dunham has thirty-five years of mining experience in base and precious metals
          production, engineering and project development management&nbsp;around the
          world. He has had a distinguished career with major global natural
          resource&nbsp;companies:&nbsp;Rio Tinto, Plc.; Phelps Dodge Corporation;
Suramco           Inc.;&nbsp;Anglo American Plc.; De Beers, Ltd.; Anglo Gold Plc.; Perez
Companc           Corporation and Atlas Precious Metals, Inc. Additionally, Mr. Dunham
has           extensive experience in the acquisition, financing and development of
projects           in Bolivia, North America, South America, Europe,&nbsp;Africa,&nbsp;Australia,
          New Guinea, and Asia Pacific.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Mr. Dunham commented, &#147;I am honored to serve as a Golden Eagle director during a
period that holds so much potential for the Company. I am pleased to be involved with the
Buen Futuro gold and copper project in Bolivia.&nbsp;Having been involved in the
development of&nbsp;over&nbsp;60 major global natural resource&nbsp;projects, many in
Bolivia,&nbsp;and working with over 70 international&nbsp;financial institutions during my
professional career, I feel&nbsp;that my experience can potentially create
financial&nbsp;opportunities,&nbsp;and add value and expertise&nbsp;in&nbsp;the
development of the Buen Futuro gold and copper project in Bolivia.&#148;&nbsp; </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Terry
Turner, Golden Eagle&#146;s CEO stated, &#147;Mr. Dunham has a long&nbsp;record of
contributing to the success of a number of world-class&nbsp;mining companies. He has a
well-developed networking expertise&nbsp;within the global&nbsp;mining industry and
demonstrated strengths in finance, mine development,&nbsp;operational production
management, and&nbsp;engineering. Mr. Dunham&#146;s wealth of experience&nbsp;will provide
valuable&nbsp;insight to our Board of Directors.&#148; </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golden
Eagle&#146;s Chairman of the Board, H. Roy Shipes, resigned from the Board on May 5, 2006
due to potential conflicts with other mining companies that he serves as CEO and Chairman
of the Board. The Company is grateful to Mr. Shipes for his devoted service as Chairman.
Mr. Shipes recommended the appointment of Mr. Dunham to Golden Eagle&#146;s board,
indicating that he and Mr. Dunham have &#147;known each other for 30 years, have worked
together for many of those years in the mining industry and that the Company could not get
better informed or more experienced advice than from Gene Dunham.&#148; </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Terry
C. Turner was elected as Chairman of the Board during a meeting of the board on May 5,
2006. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golden
Eagle has also received additional assurances from the Bolivian government that its gold
and copper projects will not be subject to any interference and the Company will be free
to continue its projected development of those projects. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eagle
E-mail Alerts: If you are interested in receiving Eagle E-mail Alerts, please e-mail the
Company at: eaglealert@geii.com. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golden
Eagle International, Inc. is a gold and copper exploration and mining company located in
Salt Lake City, Utah and La Paz and Santa Cruz, Bolivia. The Company is currently focusing
its efforts on developing its mining rights on its Buen Futuro project within its 136,500
acres (213 square miles) in eastern Bolivia&#146;s Precambrian Shield. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company highly recommends that you review its disclosures, risk statements, previous press
releases, annual reports, quarterly reports and current reports found at its website:
<I><U>www.geii.com</U>.</I> </FONT></P>

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<A NAME=A007></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>CAUTIONARY NOTE
REGARDING FORWARD-LOOKING STATEMENTS AND RISKS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Some of the statements in this press
release are forward-looking statements and are based on an assumed set of economic
conditions and courses of action, including: (a) Golden Eagle&#146;s ability to obtain the
necessary financing on reasonable terms in light of current social and political
conditions in Bolivia; (b) estimates of mineral reserves and future production levels; (c)
expectations regarding estimated mine production costs taking into account higher
petroleum prices, expected trends in mineral prices, and statements that describe Golden
Eagle&#146;s future plans, objectives or goals; (d) uncertainties that result from actions
that may be taken in Bolivia relative to increases in the Complementary Mining Tax,
Corporate Income Tax or the amount paid for mining patents [claims fees] in the future;
and (d) other risk factors and matters disclosed in Golden Eagle&#146;s Securities and
Exchange Commission (&#147;SEC&#148;) filings which may be accessed at <U>www.sec.gov</U>.
There is a significant risk that actual material results will vary from projected results
depending on such factors as changes in general economic, social and political conditions
in Bolivia and financial markets; changes in gold and copper prices; technological and
operational hazards in Golden Eagle&#146;s mining and mine development activities;
uncertainties inherent in the calculation of mineral reserves, mineral resources and metal
recoveries; the timing and availability of financing; governmental and other approvals,
and other risk factors listed from time-to-time in Golden Eagle&#146;s Form 10-K and its
other reports filed with the SEC. The mining projects in Bolivia described in this
release, and related evaluations, or in our other disclosures, should not be construed by
any means as an indication of the present or future value of the Company or its common
stock. Additionally, our plans with respect to the Buen Futuro gold and copper project or
the Tipuani Valley gold project should not be construed by any means as an indication of
whether we will ever conduct successful mining operations in connection with those
projects. Golden Eagle disclaims any responsibility to update forward-looking statements
made herein. </FONT></P>

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<P ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE=2><A HREF="ge_8k-may1106.htm">Back to 8-K</A> </FONT></P>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
