-----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, Dbaomup6PX0KoUo0tOs+1ZlsuFuJcpCobl+bZRW1tZgqin1lU99AW0MCBPbN8urd WhYzrb4EhUPRREoRbZgclQ== 0001204459-07-000791.txt : 20070522 0001204459-07-000791.hdr.sgml : 20070522 20070522172515 ACCESSION NUMBER: 0001204459-07-000791 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070522 DATE AS OF CHANGE: 20070522 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: JMG Exploration, Inc. CENTRAL INDEX KEY: 0001299967 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 201373949 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-80906 FILM NUMBER: 07871950 BUSINESS ADDRESS: STREET 1: 180 SOUTH LAKE AVENUE, SEVENTH FLOOR CITY: PASADENA STATE: CA ZIP: 91101 BUSINESS PHONE: (626) 585-9555 MAIL ADDRESS: STREET 1: 180 SOUTH LAKE AVENUE, SEVENTH FLOOR CITY: PASADENA STATE: CA ZIP: 91101 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MMCAP International Inc. SPC CENTRAL INDEX KEY: 0001304857 IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: P.O. BOX 32021, SMB STREET 2: ADMIRAL FINANCIAL CENTRE, 90 FORT STREET CITY: GRAND CAYMAN STATE: E9 ZIP: BWI BUSINESS PHONE: 416-408-0997 MAIL ADDRESS: STREET 1: P.O. BOX 32021, SMB STREET 2: ADMIRAL FINANCIAL CENTRE, 90 FORT STREET CITY: GRAND CAYMAN STATE: E9 ZIP: BWI SC 13G/A 1 jmg052207sc13g.htm SCHEDULE 13G/A JMG Exploration, Inc.: Schedule 13G/A - Prepared by TNT Filings Inc.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. (2))*

JMG EXPLORATION, INC.
(Name of Issuer)
 
COMMON STOCK, $0.001 PAR VALUE
(Title of Class of Securities)
 
46621A109
(CUSIP Number)
 
May 16, 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)
Q 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).

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.

Page 1 of 5 pages


CUSIP No. 46621A109        
           
1.   Names of Reporting Persons.    MMCAP INTERNATIONAL INC. SPC   
      I.R.S. Identification Nos. of above persons (entities only).  N/A 
  
           
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: Cayman Islands
           
           
Number of 5.   Sole Voting Power 252,804
Shares          
Beneficially 6.   Shared Voting Power  0    
Owned by          
Each 7.   Sole Dispositive Power 252,804
Reporting          
Person With 8.   Shared Dispositive Power 0    
           
9.   Aggregate Amount Beneficially Owned by Each Reporting Person  252,804
 
           
10.  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 
           
           
11.  Percent of Class Represented by Amount in Row (9)     4.87%
           
           
12.  Type of Reporting Person (See Instructions)       CO    
   
           

Page 2 of 5 pages


 

Item 1. (a) Name of Issuer
                  JMG EXPLORATION, INC.

Item 1. (b) Address of Issuer’s Principal Executive Offices
                  Suite 2200, 500 - 4th Avenue S.W., Calgary, Alberta T2P 2V6 Canada

Item 2. (a) Name of Person Filing
                  MMCAP International Inc. SPC

Item 2. (b) Address of Principal Business Office or, if none, Residence
                  P.O. Box 32021, SMB, Admiral Financial Centre
                  90 Fort Street, Grand Cayman, Cayman Islands BWI

Item 2. (c) Citizenship
                  Cayman Islands

Item 2. (d) Title of Class of Securities
                  Common Stock

Item 2. (e) CUSIP Number
                  46621A109

Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: N/A

(a) £   Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
(b) £   Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) £   Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d) £   Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).
(e) £   An investment adviser in accordance with § 240. 13d-1(b)(1)(ii)(E);
(f) £   An employee benefit plan or endowment fund in accordance with § 240. 13d-1(b)(1)(ii)(F);
(g) £   A parent holding company or control person in accordance with § 240. 13d-1(b)(1)(ii)(G);
(h) £   A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(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 (15 U.S.C. 80a-3);
(j) £   Group, in accordance with § 240. 13d-1(b)(1)(ii)(J).

Page 3 of 5 pages


 

Item 4. Ownership.

(a) Amount beneficially owned:  252,804
(b) Percent of class:  4.87%
(c) Number of shares as to which the person has:
                       (i) Sole power to vote or to direct the vote  252,804
                      
(ii) Shared power to vote or to direct the vote  0
                      
(iii) Sole power to dispose or to direct the disposition of
 252,804
                      
(iv) Shared power to dispose or to direct the disposition of  0

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:  Q

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.

             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. 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 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 4 of 5 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.

May 22, 2007

Date

   

/s/ Benjamin Pershick

Signature

 
Benjamin Pershick for Admiral Administration Ltd.
Corporate Secretary

Name/Title

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative’s authority to sign on behalf of such person shall be filed with the statement, provided however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 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)

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