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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Non-transferable common share warrants (1) | $ 0.02 | 06/21/2013 | C(4) | 953,644 | 06/21/2013 | 06/21/2016 | Common | 953,644 | (4) | 953,644 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Beaty Ross J 1550 - 625 HOWE STREET VANCOUVER, BRITISH COLUMBIA, A1 V6C 2T6 |
X |
/s/ Ross J. Beaty | 11/27/2013 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On November 25, 2013, all of the securities described under this form were transferred from 0864930 B.C. Ltd., a holding company wholly-owned by Mr. Beaty (the "Holding Company"), to Mr. Beaty personally. This transfer occurred as result of the winding up of the Holding Company. |
(2) | These securities were acquired in a private placement (the "Private Placement") by the Issuer. Pursuant to the terms of the Private Placement, Mr. Beaty purchased 34,250,000 units ("Units") at a per Unit price of $0.30, with each Unit consisting of (a) one share of Common Stock, $0.01 par value and (b) one warrant for the purchase of one share of Common Stock at an exercise price of $0.38 per share of Common Stock, subject to adjustment. The warrants expired on June 4, 2012, unexercised. |
(3) | The 20% promissory note was granted alongside 953,644 non-transferrable common share warrants for Nord Resources Corporation in exchange for cancelling a 15% convertible note granted on July 24, 2012, including all principal and interest outstanding. |
(4) | The warrants were granted alongside the 20% promissory note in exchange for the cancellation of a 15% convertible note and the interest outstanding on that note as of June 20, 2013. |