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UNITED STATES OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION -----------------------------
Washington, D.C. 20549 OMB Number: 3235-0058
Expires: March 31, 2006
Estimated average burden
FORM 12b-25 hours per response ..... 2.50
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NOTIFICATION OF LATE FILING SEC FILE NUMBER
(Check One): -----------------------------
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| | Form 10-K and Form 10-KSB |_| Form 20-F |_| Form 11-K |X| Form 10-Q and Form 10-QSB CUSIP NUMBER
|_| Form N-SAR
For Period Ended: March 31, 2005 -----------------------------
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[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended: _______________________________________________________________________
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Read Attached Instruction Sheet Before Preparing Form. Please Print or Type.
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.
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If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:
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PART I -- REGISTRANT INFORMATION
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Full Name of Registrant
Minera Andes Inc.
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Former Name if Applicable
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Address of Principal Executive Office (Street and Number)
111 E. Magnesium Road, Suite A
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City, State and Zip Code
Spokane, Washington 99208
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PART II -- RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks
relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)[X]
(a) The reasons described in reasonable detail in Part III of this form could not be eliminated
without unreasonable effort or expense;
(b) The subject annual report, semi-annual report or transition report on Form 10-K, Form 10-KSB,
Form 20-F, Form 11-K or Form N-SAR, or portion thereof, will be filed on or before the
fifteenth calendar day following the prescribed due date; or the subject quarterly report
or transition report on Form 10-Q or Form 10-QSB, or portion thereof will be filed on or before
the fifth calendar day following the prescribed due date; and
(c) The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if
applicable.
PART III -- NARRATIVE
State below in reasonable detail the reasons why Forms 10-K and 10-KSB, 20-F, 11-K, 10-Q and 10-QSB, N-SAR,
or the transition report or portion thereof, could not be filed within the prescribed period.
Minera Andes Inc. ("MAI") holds a 49% interest in Minera Santa Cruz S.A.
("MSC"), an Argentine holding and operating company. Under the terms of a joint
venture agreement, Mauricio Hoschschild & Cia. Ltda. ("MHC") acquired a 51%
ownership in MSC in 2003. MSC is managed and controlled by MHC. As a result of
this change in ownership, MAI began accounting for its interest in MSC using the
equity method in December 2003.
Under the equity method, 49% of MSC's earnings and losses are included in MAI's
operations and its investment in MSC is adjusted by a like amount. This
adjustment will be material for the three months ended March 31, 2005. MAI
cannot complete its financial statements for the three months ended March 31,
2005 until the financial statements of MSC are received.
(Attach Extra Sheets if Needed)
SEC 1344 (3/06)
PART IV--OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this notification
William V. Schara (509) 921-7322
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of
1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such
shorter period that the registrant was required to file such report(s) been filed? If answer is no,
identify report(s). [X] Yes [_] No
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(3) Is it anticipated that any significant change in results of operations from the corresponding period
for the last fiscal year will be reflected by the earnings statements to be included in the subject
report or portion thereof? [X] Yes [ ] No
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and,
if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
Minera Andes Inc.'s net loss for the three months ended March 31, 2005 is expected to be approximately
$454,000, compared to a net loss for the same period in 2004 of approximately $334,000.
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Minera Andes Inc.
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date: May 16, 2005 By: /s/ William V. Schara
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William V. Schara
Chief Financial Officer
INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The
name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf
of the registrant by an authorized representative (other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.
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Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).
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