0001376474-13-000168.txt : 20130424 0001376474-13-000168.hdr.sgml : 20130424 20130424165909 ACCESSION NUMBER: 0001376474-13-000168 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20130424 DATE AS OF CHANGE: 20130424 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EURASIAN MINERALS INC CENTRAL INDEX KEY: 0001285786 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-87421 FILM NUMBER: 13779866 BUSINESS ADDRESS: STREET 1: SUITE 501-543 GRANVILLE STREET CITY: VANCOUVER STATE: A1 ZIP: V6C 1X8 BUSINESS PHONE: 604-688-6390 MAIL ADDRESS: STREET 1: SUITE 501-543 GRANVILLE STREET CITY: VANCOUVER STATE: A1 ZIP: V6C 1X8 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MASON HILL ADVISORS LLC CENTRAL INDEX KEY: 0000938552 IRS NUMBER: 133360821 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 623 FIFTH AVENUE STREET 2: 27TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-832-1290 MAIL ADDRESS: STREET 1: 623 FIFTH AVENUE STREET 2: 27TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: MASON HILL ASSET MANAGEMENT INCET AL DATE OF NAME CHANGE: 19950221 SC 13G 1 eq_sc13g.htm EURASIAN MINERALS, INC. - SCHEDULE 13G Eurasian Minerals, Inc. - Schedule 13G




UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 


SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. ____)*


EURASIAN MINERALS INC.

(Name of Issuer)

 

Common Shares, no par value

(Title of Class of Securities)

 

29843R100

(CUSIP Number)

 

April 1, 2013

(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 this 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).







CUSIP No. 29843R100

SCHEDULE 13G

Page 2 of 15



1.

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Mason Hill Advisors LLC

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

Delaware



NUMBER OF

SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING

PERSON WITH

5.

SOLE VOTING POWER

0

6.

SHARED VOTING POWER

4,010,000

7.

SOLE DISPOSITIVE POWER

0

8.

SHARED DISPOSITIVE POWER

4,010,000

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

4,010,000

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)

5.6%1

12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

IA

1 This calculation is based on 72,051,872 common shares, no par value, of Eurasian Minerals Inc. (the Issuer) outstanding

as of December 31, 2012 as reported in the Annual Report on Form 40-F for the fiscal year ended December 31, 2012, which

was filed with the Securities and Exchange Commission on April 3, 2013.






CUSIP No. 29843R100

SCHEDULE 13G

Page 3 of 15



1.

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Equinox Asset Management LLC

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

Delaware



NUMBER OF

SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING

PERSON WITH

5.

SOLE VOTING POWER

0

6.

SHARED VOTING POWER

3,614,500

7.

SOLE DISPOSITIVE POWER

0

8.

SHARED DISPOSITIVE POWER

3,614,500

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON


3,614,500

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)

5.0%1

12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

HC, OO


1 See Footnote 1.






CUSIP No. 29843R100

SCHEDULE 13G

Page 4 of 15



1.

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Equinox Partners, L.P.             

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

Delaware



NUMBER OF

SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING

PERSON WITH

5.

SOLE VOTING POWER

0

6.

SHARED VOTING POWER

3,342,900

7.

SOLE DISPOSITIVE POWER

0

8.

SHARED DISPOSITIVE POWER

3,342,900

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON


3,342,900

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)

4.6%1

12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

PN


1 See Footnote 1.






CUSIP No. 29843R100

SCHEDULE 13G

Page 5 of 15




1.

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Mason Hill Partners, LP          

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

Delaware



NUMBER OF

SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING

PERSON WITH

5.

SOLE VOTING POWER

0

6.

SHARED VOTING POWER

271,600

7.

SOLE DISPOSITIVE POWER

0

8.

SHARED DISPOSITIVE POWER

271,600

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON


271,600

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)

0.4%1

12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

PN


1 See Footnote 1.






CUSIP No. 29843R100

SCHEDULE 13G

Page 6 of 15



1.

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Equinox Illiquid General Partner, LP

    

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

Delaware



NUMBER OF

SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING

PERSON WITH

5.

SOLE VOTING POWER

0

6.

SHARED VOTING POWER

395,500

7.

SOLE DISPOSITIVE POWER

0

8.

SHARED DISPOSITIVE POWER

395,500

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON


395,500

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)

0.6%1

12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

PN


1 See Footnote 1.






CUSIP No. 29843R100

SCHEDULE 13G

Page 7 of 15



1.

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Equinox Illiquid Fund, LP

    

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

Delaware



NUMBER OF

SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING

PERSON WITH

5.

SOLE VOTING POWER

0

6.

SHARED VOTING POWER

395,500

7.

SOLE DISPOSITIVE POWER

0

8.

SHARED DISPOSITIVE POWER

395,500

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON


395,500

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)

0.6%1

12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

PN


1 See Footnote 1.






CUSIP No. 29843R100

SCHEDULE 13G

Page 8 of 15




1.

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Sean M. Fieler

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

United States of America



NUMBER OF

SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING

PERSON WITH

5.

SOLE VOTING POWER

0

6.

SHARED VOTING POWER

4,350,050

7.

SOLE DISPOSITIVE POWER

0

8.

SHARED DISPOSITIVE POWER

4,350,050

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON


4,350,050

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)

6.0%1

12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

IN


1 See Footnote 1.






CUSIP No. 29843R100

SCHEDULE 13G

Page 9 of 15



Item 1.

(a) Name of Issuer

The issuer is Eurasian Minerals Inc., a company incorporated in British Columbia (the “Issuer”).

(b) Address of Issuer’s Principal Executive Offices:

543 Granville Street, Suite 501, Vancouver, British Columbia, Canada V6C 1X8.

Item 2.

(a) Name of Persons Filing

The persons filing this statement on Schedule 13G (this “Schedule 13G”) are Mason Hill Advisors LLC, a Delaware limited liability company (“Mason Hill”), Equinox Asset Management LLC, a Delaware limited liability company (“EAM”), Equinox Partners, L.P., a Delaware limited partnership (“Equinox Partners”), Mason Hill Partners, LP, a Delaware Limited Partnership (“Mason Hill Partners”), Equinox Illiquid General Partner, LP, a Delaware limited partnership (“Illiquid GP”), Equinox Illiquid Fund, LP, a Delaware limited partnership (“Illiquid”), and Sean M. Fieler (together with Mason Hill, EAM, Equinox Partners, Mason Hill Partners and Illiquid GP, the “Reporting Persons”).      

Mason Hill’s principal business is serving as an investment adviser to certain affiliated funds, including Equinox Partners, Mason Hill Partners and Illiquid.


EAM’s principal business is serving as the sole general partner of each of Equinox Partners and Mason Hill Partners.


Illiquid GP’s principal business is serving as the sole general partner of Illiquid.


Each of Equinox Partners, Mason Hill Partners and Illiquid (collectively, the “Funds”) is a private investment fund.


Mr. Fieler owns a controlling interest in Mason Hill and is the managing member of each of Mason Hill and EAM.


The agreement among the Reporting Persons relating to the joint filing of this Schedule 13G is attached as Exhibit 99.1 hereto.     

(b) Address of Principal Business Office or, if none, Residence

The address of the principal business office of each of the Reporting Persons is 623 Fifth Avenue, 27th Floor, New York, New York 10022.

(c) Citizenship

Mr. Fieler is a United States citizen.  Each of the other Reporting Persons is organized under the laws of the State of Delaware.






CUSIP No. 29843R100

SCHEDULE 13G

Page 10 of 15


(d) Title of Class of Securities

Common shares, no par value (“Common Shares”).

(e) CUSIP Number

29843R100

Item 3.

If this Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check

Whether the Person Filing is a:

(a)

¨

Broker or dealer registered under Section 15 of the Exchange Act;

(b)

¨

Bank as defined in Section 3(a)(6) of the Exchange Act;

(c)

¨

Insurance company as defined in Section 3(a)(19) of the Exchange Act;

(d)

¨

Investment company registered under Section 8 of the Investment Company Act;

(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);

(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;

(j)

¨

Group, in accordance with Rule 13d-1(b)(1)(ii)(J).


Item 4.

Ownership.

4,010,000 of the Common Shares reported in this Schedule 13G are owned by the Funds.  Each of Mr. Fieler, Mason Hill, EAM and Illiquid GP disclaims beneficial ownership of such Common Shares for all purposes other than as described below. Mr. Fieler directly beneficially owns 172,100 Common Shares reported in this Schedule 13G and may be deemed to indirectly beneficially own 167,950 Common Shares reported in this Schedule 13G which his wife, Cecilia Fieler, directly beneficially owns.


A.  Mason Hill Advisors LLC


(a) Amount beneficially owned

As of April 23, 2013, Mason Hill may be deemed to beneficially own 4,010,000 Common Shares.

(b) Percent of class

The number of Common Shares that Mason Hill may be deemed to beneficially own is 5.6% of the Common Stock outstanding.

(c) Number of shares as to which the person has

(i) Sole power to vote or to direct the vote: 0

(ii) Shared power to vote or to direct the vote: 4,010,000

(iii) Sole power to dispose or to direct the disposition of: 0

(iv) Shared power to dispose or to direct the disposition of: 4,010,000






CUSIP No. 29843R100

SCHEDULE 13G

Page 11 of 15


B.  Equinox Asset Management LLC

(a) Amount beneficially owned

As of April 23, 2013, EAM may be deemed to beneficially own 3,614,500 Common Shares.

(b) Percent of class

The number of Common Shares that EAM may be deemed to beneficially own is 5.0% of the Common Stock outstanding.

(c) Number of shares as to which the person has

(i) Sole power to vote or to direct the vote: 0

(ii) Shared power to vote or to direct the vote: 3,614,500

(iii) Sole power to dispose or to direct the disposition of: 0

(iv) Shared power to dispose or to direct the disposition of: 3,614,500

C.  Equinox Partners, L.P.

(a) Amount beneficially owned

As of April 23, 2013, Equinox Partners may be deemed to beneficially own 3,342,900 Common Shares.

(b) Percent of class

The number of Common Shares that Equinox Partners may be deemed to beneficially own is 4.6% of the Common Stock outstanding.

(c) Number of shares as to which the person has

(i) Sole power to vote or to direct the vote: 0

(ii) Shared power to vote or to direct the vote: 3,342,900

(iii) Sole power to dispose or to direct the disposition of: 0

(iv) Shared power to dispose or to direct the disposition of: 3,342,900

D.  Mason Hill Partners, LP

(a) Amount beneficially owned

As of April 23, 2013, Mason Hill Partners may be deemed to beneficially own 271,600 Common Shares.

(b) Percent of class






CUSIP No. 29843R100

SCHEDULE 13G

Page 12 of 15


The number of Common Shares that Mason Hill Partners may be deemed to beneficially own is 0.4% of the Common Stock outstanding.

(c) Number of shares as to which the person has

(i) Sole power to vote or to direct the vote: 0

(ii) Shared power to vote or to direct the vote: 271,600

(iii) Sole power to dispose or to direct the disposition of: 0

(iv) Shared power to dispose or to direct the disposition of: 271,600

E.  Equinox Illiquid General Partner, LP

(a) Amount beneficially owned

As of April 23, 2013, Illiquid GP may be deemed to beneficially own 395,500 Common Shares.

(b) Percent of class

The number of Common Shares that Illiquid GP may be deemed to beneficially own is 0.6% of the Common Stock outstanding.

(c) Number of shares as to which the person has

(i) Sole power to vote or to direct the vote: 0

(ii) Shared power to vote or to direct the vote: 395,500

(iii) Sole power to dispose or to direct the disposition of: 0

(iv) Shared power to dispose or to direct the disposition of: 395,500

F.  Equinox Illiquid Fund, LP

(a) Amount beneficially owned

As of April 23, 2013, Illiquid may be deemed to beneficially own 395,500 Common Shares.

(b) Percent of class

The number of Common Shares that Illiquid may be deemed to beneficially own is 0.6% of the Common Stock outstanding.

(c) Number of shares as to which the person has

(i) Sole power to vote or to direct the vote: 0

(ii) Shared power to vote or to direct the vote: 395,500

(iii) Sole power to dispose or to direct the disposition of: 0






CUSIP No. 29843R100

SCHEDULE 13G

Page 13 of 15


(iv) Shared power to dispose or to direct the disposition of: 395,500

G.  Sean M. Fieler

(a) Amount beneficially owned

As of April 23, 2013, Mr. Fieler may be deemed to beneficially own 4,350,050 Common Shares.

(b) Percent of class

The number of Common Shares that Mr. Fieler may be deemed to beneficially own is 6.0% of the Common Stock outstanding.

(c) Number of shares as to which the person has

(i) Sole power to vote or to direct the vote: 0

(ii) Shared power to vote or to direct the vote: 4,350,050

(iii) Sole power to dispose or to direct the disposition of: 0

(iv) Shared power to dispose or to direct the disposition of: 4,350,050

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 Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following ¨.


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

See information in Item 2 above.

Item 8.

Identification and Classification of Members of the Group.

Not applicable.

Item 9.

Notice of Dissolution of Group.

Not applicable.

Item 10.

Certification.

Each of the Reporting Persons hereby makes the following certification:

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






CUSIP No. 29843R100

SCHEDULE 13G

Page 14 of 15


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.







CUSIP No. 29843R100

SCHEDULE 13G

Page 15 of 15


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.

Date:  April 24, 2013

     

MASON HILL ADVISORS LLC

By:

/s/ Sean M. Fieler

Name:  Sean M. Fieler
Title:  Manager

EQUINOX ASSET MANAGEMENT LLC

By:

/s/ Sean M. Fieler

Name:  Sean M. Fieler
Title:  Manager

EQUINOX PARTNERS, L.P.

By:  Equinox Asset Management LLC, its general partner

By:

/s/ Sean M. Fieler

Name:  Sean M. Fieler
Title:  Manager

MASON HILL PARTNERS, LP

By:  Equinox Asset Management LLC, its general partner

By:

/s/ Sean M. Fieler

Name:  Sean M. Fieler
Title:  Manager

EQUINOX ILLIQUID GENERAL PARTNER, LP

By:

/s/ Sean M. Fieler

Name:  Sean M. Fieler
Title:  Authorized Signatory

EQUINOX ILLIQUID FUND, LP

By:  Equinox Illiquid General Partner, LP, its general partner

By:

/s/ Sean M. Fieler

Name:  Sean M. Fieler
Title:  Authorized Signatory

SEAN M. FIELER

By:

/s/ Sean M. Fieler

 






EX-99.1 2 eq_ex99z1.htm EXHIBIT 99.1 Exhibit 99.1




EXHIBIT 99.1


JOINT FILING AGREEMENT


This JOINT FILING AGREEMENT (this “Agreement”), is made and entered into as of April 24, 2013, by and among Mason Hill Advisors LLC, a Delaware limited liability company (“Mason Hill”), Equinox Asset Management LLC, a Delaware limited liability company (“EAM”), Equinox Partners, L.P., a Delaware limited partnership (“Equinox Partners”), Mason Hill Partners, LP, a Delaware Limited Partnership (“Mason Hill Partners”), Equinox Illiquid General Partner, LP, a Delaware limited partnership (“Illiquid GP”), Equinox Illiquid Fund, LP, a Delaware limited partnership (“Illiquid), and Sean M. Fieler (together with Mason Hill, EAM, Equinox Partners, Mason Hill Partners and Illiquid GP, the “Mason Hill Parties”).

 

The Mason Hill Parties hereby acknowledge and agree that the Statement on Schedule 13G to which this Agreement is attached as an exhibit (the “Statement”), relating to the common shares, no par value, of Eurasian Minerals Inc., a company incorporated in British Columbia, is filed with the Securities and Exchange Commission pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, on behalf of each of the Mason Hill Parties and that any subsequent amendments to the Statement shall be filed on behalf of each of the Mason Hill Parties without the necessity of filing additional joint filing agreements. Each Mason Hill Party acknowledges that it shall be responsible for the timely filing of any such amendments and for the completeness and accuracy of the information concerning him or it contained herein and therein, but shall not be responsible for the completeness or accuracy of the information concerning the other Mason Hill Parties, except to the extent he or it knows or has reason to believe that such information is inaccurate.


This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, but all of which together shall constitute one and the same instrument.

 


[Signature Page Follows]









IN WITNESS WHEREOF, each of the undersigned hereby executes this Agreement as of the date first set forth above.


MASON HILL ADVISORS LLC

By:

/s/ Sean M. Fieler

Name:  Sean M. Fieler
Title:  Manager

EQUINOX ASSET MANAGEMENT LLC

By:

/s/ Sean M. Fieler

Name:  Sean M. Fieler
Title:  Manager

EQUINOX PARTNERS, L.P.

By:  Equinox Asset Management LLC, its general partner

By:

/s/ Sean M. Fieler

Name:  Sean M. Fieler
Title:  Manager

MASON HILL PARTNERS, LP

By:  Equinox Asset Management LLC, its general partner

By:

/s/ Sean M. Fieler

Name:  Sean M. Fieler
Title:  Manager

EQUINOX ILLIQUID GENERAL PARTNER, LP

By:

/s/ Sean M. Fieler

Name:  Sean M. Fieler
Title:  Authorized Signatory

EQUINOX ILLIQUID FUND, LP

By:  Equinox Illiquid General Partner, LP, its general partner

By:

/s/ Sean M. Fieler

Name:  Sean M. Fieler
Title:  Authorized Signatory

SEAN M. FIELER

By:

/s/ Sean M. Fieler