-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NUMtMzN4b0JICdG/OPzYy38k96neq2/kDXC64qTcemQyF6VA5a/Xo1sctzw0H3cq wo0XRoBvqoJV6Z45vYNo2g== 0001144204-09-007645.txt : 20090213 0001144204-09-007645.hdr.sgml : 20090213 20090212214231 ACCESSION NUMBER: 0001144204-09-007645 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090213 DATE AS OF CHANGE: 20090212 GROUP MEMBERS: PINETREE CAPITAL LTD. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MEGAWEST ENERGY CORP. CENTRAL INDEX KEY: 0001172298 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-78338 FILM NUMBER: 09597418 BUSINESS ADDRESS: STREET 1: SUITE 800, 926 - 5TH AVE S.W. CITY: CALGARY STATE: A0 ZIP: T2P 0N7 BUSINESS PHONE: 1 (403) 984-6342 MAIL ADDRESS: STREET 1: SUITE 800, 926 - 5TH AVE S.W. CITY: CALGARY STATE: A0 ZIP: T2P 0N7 FORMER COMPANY: FORMER CONFORMED NAME: BROCKTON CAPITAL CORP DATE OF NAME CHANGE: 20020426 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Pinetree Resource Partnership CENTRAL INDEX KEY: 0001408655 IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 130 KING STREET WEST STREET 2: SUITE 2500 CITY: TORONTO STATE: A6 ZIP: M5X 1A9 BUSINESS PHONE: 416-941-9600 MAIL ADDRESS: STREET 1: 130 KING STREET WEST STREET 2: SUITE 2500 CITY: TORONTO STATE: A6 ZIP: M5X 1A9 SC 13G/A 1 v139817_sc13ga.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* MEGAWEST ENERGY CORP. (Name of Issuer) Common Stock (Title of Class of Securities) 585168107 (CUSIP Number) March 26, 2007 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [_] Rule 13d-1(b) [x] Rule 13d-1(c) [_] Rule 13d-1(d) ---------- *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 7 pages CUSIP No. 585168107 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Pinetree Resource Partnership - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Canada - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 ----------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 3,719,000 OWNED BY ----------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 0 WITH: ----------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,719,000 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,719,000 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.8% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN - -------------------------------------------------------------------------------- Page 2 of 7 pages CUSIP No. 585168107 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Pinetree Capital Ltd. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Canada - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 ----------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 3,719,000 OWNED BY ----------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 0 WITH: ----------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,719,000 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,719,000 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.8% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO - -------------------------------------------------------------------------------- Page 3 of 7 pages Item 1(a). Name of Issuer: Megawest Energy Corp. - -------------------------------------------------------------------------------- Item 1(b). Address of Issuer's Principal Executive Offices: Suite 800, 926 - 5th Avenue S.W. Calgary, Alberta, Canada T2P ON7 - -------------------------------------------------------------------------------- Item 2(a). Name of Person(s) Filing: Pinetree Resource Partnership Pinetree Capital Ltd. - -------------------------------------------------------------------------------- Item 2(b). Address of Principal Business Office, or if None, Residence: The address of the principal business office of Pinetree Resource Partnership is 130 King St. West, Suite 2500, Toronto, Ontario Canada M5X 1A9. The address of the principal business office of Pinetree Capital Ltd. is 130 King St. West, Suite 2500, Toronto, Ontario Canada M5X 1A9. - -------------------------------------------------------------------------------- Item 2(c). Citizenship: Pinetree Resource Partnership is a partnership organized under the laws of Ontario, Canada. Pinetree Capital Ltd. is a corporation organized under the laws of Ontario, Canada. - -------------------------------------------------------------------------------- Item 2(d). Title of Class of Securities: Common Stock, no par value per share - -------------------------------------------------------------------------------- Item 2(e). CUSIP Number: 585168107 - -------------------------------------------------------------------------------- Item 3. If this statement is filed pursuant to Rule 13d-1(b), or Rule 13d-2(b) or (c), check whether the person filing is a: (a) [_] Broker or dealer registered under section 15 of the Act. (b) [_] Bank as defined in section 3(a)(6) of the Act. (c) [_] Insurance company as defined in section 3(a)(19) of the Act. (d) [_] Investment company registered under section 8 of the Investment Company Act of 1940. (e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); Page 4 of 7 pages (g) [_] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940; (j) [_] A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J); (k) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution:____________________ - -------------------------------------------------------------------------------- Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: As of the date of this filing, Pinetree Resource Partnership beneficially owns an aggregate of 3,719,000 shares of Common Stock of the Issuer (the "Shares"). Pinetree Capital Ltd. directly owns over 90% and beneficially owns 100% of Pinetree Resource Partnership and therefore may be deemed to have beneficial ownership of the Shares. (b) Percent of class: Represents approximately 2.8% of the Issuer's Common Stock, based on 132,919,472 issued and outstanding shares of Common Stock as of August 28, 2008. (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: Pinetree Resource Partnership.: 0 Pinetree Capital Ltd.: 0 (ii) Shared power to vote or to direct the vote: Pinetree Resource Partnership.: 3,719,000 Pinetree Capital Ltd.: 3,719,000 (iii) Sole power to dispose or to direct the disposition of: Pinetree Resource Partnership.: 0 Pinetree Capital Ltd.: 0 (iv) Shared power to dispose or to direct the disposition of: Pinetree Resource Partnership.: 3,719,000 Pinetree Capital Ltd.: 3,719,000 Page 5 of 7 pages - -------------------------------------------------------------------------------- Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof, the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ X ]. - -------------------------------------------------------------------------------- Item 6. Ownership of More Than Five Percent on Behalf of Another Person. Not Applicable - -------------------------------------------------------------------------------- Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. Not Applicable - -------------------------------------------------------------------------------- Item 8. Identification and Classification of Members of the Group. Not Applicable - -------------------------------------------------------------------------------- Item 9. Notice of Dissolution of Group. Not Applicable - -------------------------------------------------------------------------------- Item 10. Certifications. (a) Not applicable (b) The following certification shall be included if the statement is filed pursuant to Rule 13d-1(c): "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect." Page 6 of 7 pages SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 12, 2009 (Date) PINETREE RESOURCE PARTNERSHIP By: /s/ Larry Goldberg ------------------------------ Name: Larry Goldberg Title: Authorized Signing Officer PINETREE CAPITAL LTD. By: /s/ Larry Goldberg ------------------------------ Name: Larry Goldberg Title: Executive Vice President and Chief Financial Officer Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties for whom copies are to be sent. Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). Page 7 of 7 pages -----END PRIVACY-ENHANCED MESSAGE-----