Form 14B - Exchange offering prospectus of a natural resource issuer [F - Rescinded]
| Published Date: | 1997-06-27 |
|---|---|
| Effective Date: | 1997-06-25 |
| Rescinded Date: | 2000-12-31 |
| Document(s): |
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TABLE OF CONTENTS
ITEM TITLE PAGE
1. FACE PAGE DISCLOSURE 3
1.1 Required language 3
1.2 Preliminary prospectus disclosure 3
1.3 Basic disclosure about the offering 4
1.4 Distribution spread 5
1.5 Risk factors 6
1.6 Public and insider ownership 6
1.7 Foreign issuers 6
1.8 Agent 7
1.9 Plan of distribution 7
2. TABLE OF CONTENTS 7
3. SUMMARY OF PROSPECTUS 7
4. CORPORATE STRUCTURE 8
4.1 Name and incorporation 8
4.2 Intercorporate relationships 9
5. BUSINESS OF THE ISSUER 9
5.1 Description and general development 9
5.2 Summary and analysis of financial operations 10
6. PROPERTIES OF THE ISSUER 13
6A MINERAL PROPERTIES 14
6.1 Location, description and acquisition 14
6.2 Exploration and development history 15
6.3 Geology, mineral deposits and reserves 15
6.4 Proposed exploration and development program 16
6.5 Other properties 17
6.6 Dispositions 17
6b OIL AND GAS PROPERTIES 17
6.7 Location, description and acquisition 18
6.8 Production history 19
6.9 Drilling activity 20
6.10 Geology and reserve summaries 20
6.11 Proposed exploration and development program 21
6.12 Other properties 22
6.13 Dispositions 22
7. ADMINISTRATION 22
8. USE OF PROCEEDS 23
8.1 Funds Available 23
8.2 Principal purposes 23
8.3 Conflicts of interest 24
9. RISK FACTORS 25
10. DIRECTORS, OFFICERS, PROMOTERS AND
OTHER MANAGEMENT 25
10.1 Name, address, occupation and security holding 26
10.2 Aggregate ownership of securities 27
10.3 Other reporting issuers 27
10.4 Corporate cease trade orders or bankruptcies 27
10.5 Penalties or sanctions 28
10.6 Individual bankruptcies 28
10.7 Conflicts of interest 28
11. INDEBTEDNESS OF DIRECTORS, OFFICERS, PROMOTERSAND OTHER MANAGEMENT 28
12. PAYMENTS TO INSIDERS AND PROMOTERS 29
12.1 Executive compensation 29
12.2 Related party transactions 29
12.3 Proposed compensation 30
13. SHARE CAPITAL 31
13.1 Existing and proposed share and long-term debt capital 31
13.2 Options and other rights to purchase shares 33
13.3 Fully diluted share capital 34
13.4 Principal holders of voting securities 35
13.5 Performance shares or escrow securities 36
14. DIVIDEND RECORD 36
15. PRIOR SALES AND TRADING INFORMATION 37
16. PLAN OF DISTRIBUTION 37
16.1 Terms of the distribution agreement 37
16.2 Minimum and maximum subscription 38
16.3 Secondary offering 38
16.4 Extraprovincial offerings 38
17. DESCRIPTION OF SECURITIES OFFERED 39
17.1 Terms 39
17.2 Modification of terms 40
18. SPONSORSHIP AND FISCAL AGENCY AGREEMENTS 40
19. INVESTOR RELATIONS ARRANGEMENTS40
20. RELATIONSHIP BETWEEN ISSUER OR SELLING
SECURITY HOLDER AND AGENT 41
21. RELATIONSHIP BETWEEN ISSUER AND
PROFESSIONAL PERSONS 42
22. LEGAL PROCEEDINGS 43
23. AUDITOR 43
24. REGISTRAR AND TRANSFER AGENT 43
25. MATERIAL CONTRACTS 43
25.1 Particulars of material contracts 43
25.2 Inspection of contracts and reports 44
26. OTHER MATERIAL FACTS 44
27. PURCHASERS' STATUTORY RIGHTS 44
28. FINANCIAL STATEMENTS, REPORTS AND OTHER EXHIBITS 45
29. CERTIFICATES 45