<SUBMISSION>
<ACCESSION-NUMBER>0000869531-10-000009
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>3
<PERIOD>20100316
<ITEMS>1.01
<ITEMS>8.01
<ITEMS>9.01
<FILING-DATE>20100316
<DATE-OF-FILING-DATE-CHANGE>20100316
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>GOLDEN EAGLE INTERNATIONAL INC
<CIK>0000869531
<ASSIGNED-SIC>1000
<IRS-NUMBER>841116515
<STATE-OF-INCORPORATION>CO
<FISCAL-YEAR-END>1208
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-23726
<FILM-NUMBER>10684378
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>9661 SOUTH 700 EAST
<CITY>SALT LAKE CITY
<STATE>UT
<ZIP>84070
<PHONE>8016199320
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>9661 SOUTH 700 EAST
<CITY>SALT LAKE CITY
<STATE>UT
<ZIP>84070
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>BENEFICIAL CAPITAL FINANCIAL SERVICES CORP
<DATE-CHANGED>19940329
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>ge_8k-march1610.htm
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
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<A NAME=A001></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>UNITED STATES <BR>SECURITIES AND
EXCHANGE COMMISSION <BR>WASHINGTON, D.C. 20549 </FONT></H1>

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     <P ALIGN=CENTER>_________________ </P>

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<A NAME=A004></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>FORM 8-K </FONT></H1>

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<A NAME=A005></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CURRENT REPORT <BR>Pursuant to Section 13
or 15(d) of the Securities Exchange Act of 1934 </FONT></H1>

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<A NAME=A007></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Date of Report: March 10,
2010 </FONT></H1>

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<A NAME=A008></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Golden Eagle
International, Inc.</U><BR>(Name of small business
issuer as specified in its charter) </FONT></H1>

<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>


<HR>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 1 &#150; Registrant&#146;s Business and Operations</FONT></H1>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>Item 1.01 Entry into a Material Definitive Agreement.</I> </FONT></P>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
March 10, 2010, Golden Eagle International,  Inc. (&#147;we,&#148; &#147;us&#148; or &#147;our&#148;) delivered
 irrevocable powers of attorney to an  unaffiliated,  privately  held Swiss  corporation,
 transferring  control of our Bolivian  operations to that Swiss  corporation.  This
definitive  transfer of control was the result of a contract  that we  entered  into on
 February  26,  2010,  but which did not  become  effective  until the delivery of the
irrevocable powers of attorney on March 10, 2010.  </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
grant of the  irrevocable  powers of attorney to the Swiss  corporation  within the
 contract terms is intended to be a bridging  transaction,  with the completion of the
transfer of the shares of our Bolivian subsidiary to the Swiss corporation expected to
occur in the near future.  </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As
a  condition  of the grant of the powers of attorney to the Swiss  corporation,  that
 company paid  $112,000  on March 1, 2010 for  claims  fees to  maintain  Golden  Eagle&#146;s
 concessions  in  eastern Bolivia. In the overall transaction,  and with the payment of
certain of the consideration  subject to the completion  of the  transaction,  the Swiss
 corporation  also  agreed to pay  $200,000 in cash on various Golden  Eagle  obligations
 in  Bolivia;  to assume  certain  Golden  Eagle  obligations  in Bolivia in an estimated
amount of $200,000; and to provide $50,000 directly to Golden Eagle in the United States.  </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
addition,  the Swiss  corporation  will pay Golden  Eagle a 3% net smelter  return of up
to $3 million.  The net smelter return will be on a quarterly  basis if and when mineral
 production is achieved from the mining concessions owned by the Bolivian subsidiary.  </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golden
Eagle has agreed to indemnify  the Swiss  corporation  regarding  any other past debts
and obligations  that are not part of the  agreement  between  the  parties if those
 obligations  are not the product of social or  political  issues.  The Swiss
 corporation  has  agreed to  indemnify  Golden  Eagle against  future debts and
 obligations,  and has further  agreed to make available to Golden Eagle certain former
 Bolivian  employees of Golden Eagle and certain  records to assist Golden Eagle to
comply with its reporting obligations.  </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<A NAME=A015></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 8 &#150; Other Events</FONT></H1>

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<A NAME=A016></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>Item 8.01 Other Events.</I> </FONT></P>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
 distributed a press  release on March 16, 2010  announcing  and  describing  the
 transaction covered above in Section 1, Item 1.01, which is attached as exhibit 99.1 to
this Current Report.  </FONT>
</TD>
</TR>
</TABLE>
<BR>



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<A NAME=A017></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 9 &#151;
Financial Statements and Exhibits </FONT></H1>

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<A NAME=A018></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>Item 9.01 Financial
Statements and Exhibits</I> </FONT></P>

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<A NAME=A019></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(d) Exhibits </FONT></P>





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<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="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">99.1</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"> <A HREF="ge_8k-march1610pr.htm">Press Release dated March 16, 2010.</A></FONT></TD></TR>

</TABLE>

<BR><BR>


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<A NAME=A020></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
16<SUP>th</SUP> day of March, 2010. </FONT></P>

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<A NAME=A021></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</I></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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<TYPE>EX-99
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<IMG SRC="ge_thegoldeneagle.gif">





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<A NAME=A001></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>9661 South 700 East<BR>Salt
Lake City, Utah 84070 <BR>USA <BR>(801) 619-9320 Office<BR>(801)
619-1747 Fax<BR>info@geii.com </FONT></P>

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<A NAME=A004></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>FOR IMMEDIATE RELEASE</U> </FONT></H1>

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<A NAME=A005></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>Golden Eagle Transfers
Control of <BR>Bolivian Subsidiary
Operations </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SALT
LAKE CITY, UTAH&#151;(MarketWire) &#151; March 16, 2010 &#151; Golden Eagle International,
Inc. (OTCBB: <I>MYNG</I>) reported today that it has transferred control of its Bolivian
subsidiary operations to an unaffiliated, Swiss corporation (the &#147;Swiss
corporation&#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;The
Swiss corporation has paid Golden Eagle $112,000 in Bolivia, and has also agreed to pay
$200,000 to satisfy various Golden Eagle obligations in Bolivia; to assume certain Golden
Eagle obligations in Bolivia in an estimated amount of $200,000; and to provide $50,000
directly to Golden Eagle in the United States. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
addition, the Swiss corporation will pay Golden Eagle a 3% net smelter return of up to $3
million. The net smelter return will be payable on a quarterly basis if and when mineral
production is achieved from the mining concessions owned by the Bolivian subsidiary. </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 agreed to indemnify the Swiss corporation regarding any other past debts and
obligations that are not part of the agreement between the parties if those obligations
are not the product of social or political issues. The Swiss corporation has agreed to
indemnify Golden Eagle against future debts and obligations, and has further agreed to
make available to Golden Eagle certain former Bolivian employees of Golden Eagle and
certain records to assist Golden Eagle to comply with its reporting obligations. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Although
Golden Eagle&#146;s Bolivian assets and operations were once the primary focus of the
company, starting in 2008 Golden Eagle has focused its operations primarily within the
United States. Golden Eagle considered a number of factors when evaluating its options
with respect to its Bolivian operations, including: </FONT></P>


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<TR VALIGN=TOP>
<TD ALIGN=RIGHT WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>o&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  </FONT></TD>
<TD ALIGN=LEFT WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
The
 re-election  for a new  5-year  term in  December  2009 of  Bolivia's  current
 administration,  which  has  proven to be                            unsupportive of
U.S.  investment in Bolivia,  and the continuing  negative  political and social
environment                            relative to U.S. companies; </FONT></TD>
</TR>
</TABLE>
<BR>


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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>o&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  </FONT></TD>
<TD ALIGN=LEFT WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Golden
Eagle's continuing difficulties in meeting its financial and other obligations due to all
of the above factors. </FONT></TD>
</TR>
</TABLE>
<BR>

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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 CEO, Terry C. Turner, stated, &#147;Given all of the circumstances, we
believe this is a very advantageous outcome for our company.&#148; Mr. Turner continued,
&#147;We have had a long, and often challenging, association with Bolivia. The time has
come for us to focus our efforts and resources on developing our interests in
north-central Nevada and the recovery of just compensation from our litigation with
Yukon-Nevada Gold Corp. regarding its breach of our operating contract for the Jerritt
Canyon gold mill north of Elko, Nevada.&#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;Blane
Wilson, Golden Eagle&#146;s Chief Operating Officer (COO) said, &#147;With the transfer of
control of our Bolivian operations, and the restructuring of our Company, we believe we
are now in a position to more fully realize the potential of our 4,000 tpd Gold Bar gold
mill, and to seek out other mining and milling opportunities that may enhance our
shareholders&#146; value.&#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 recommends that you review its disclosures, risk statements, previous press
releases, annual reports, quarterly reports and current reports found at its website:
http://www.geii.com<I>.</I> </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
Golden Eagle at: eaglealert@geii.com. </FONT></P>


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


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

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=1>This news release contains
information that is &#147;forward-looking&#148; in that it may describe events and
conditions that Golden Eagle International, Inc. (&#147;Golden Eagle&#148; or &#147;the
Company&#148;) reasonably expects to occur in the future.&nbsp; Expectations for the
future performance of the business of Golden Eagle are dependent upon a number of factors,
and there can be no assurance that Golden Eagle will achieve the results as contemplated
herein and there can be no assurance that Golden Eagle will be able to conduct its
operations as contemplated herein.&nbsp; Certain statements contained in this release
using the terms &#147;may,&#148; &#147;expects to,&#148; &#147;intends to&#148; and other
terms denoting future possibilities, are forward-looking statements.&nbsp; The accuracy of
these statements cannot be guaranteed as they are subject to a variety of risks, which are
beyond Golden Eagle&#146;s ability to predict or control, and which may cause actual
results to differ materially from the projections or estimates contained herein, including
those risks identified elsewhere herein and in Golden Eagle&#146;s annual report on Form
10-K and reports subsequently filed with the Securities and Exchange Commission and
available at: www.sec.gov. It is important that each person reviewing this release
understand the significant risks attendant to the operations of Golden Eagle. The Company
disclaims any obligation to update any forward-looking statement made herein. </FONT></P>

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<A NAME=A008></A>
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>xxx </FONT></P>


<A HREF="ge_8k-march1610.htm">Back to 8-K</A>



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