-----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, P0cqKjHPYdbeRmZRqC7q/h5AMBVBVP9Cyo083rq2srtMrvPl2MTl+bIyC1ofDH4Y wVUX3/TQzAQWa4IyiOZSfg== 0001193125-10-021810.txt : 20100204 0001193125-10-021810.hdr.sgml : 20100204 20100204114131 ACCESSION NUMBER: 0001193125-10-021810 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100204 DATE AS OF CHANGE: 20100204 GROUP MEMBERS: ARTHUR RICHARDS RULE GROUP MEMBERS: RESOURCE CAPITAL INVESTMENT CORPORATION GROUP MEMBERS: RULE FAMILY TRUST UDT 12/17/98 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ESPERANZA SILVER CORP CENTRAL INDEX KEY: 0001261252 STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-80176 FILM NUMBER: 10573093 MAIL ADDRESS: STREET 1: STE 300 570 GRANVILLE ST CITY: BRITISH COLUBIA STATE: A1 ZIP: 000000 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EXPLORATION CAPITAL PARTNERS 1998-B LIMITED PARTNERSHIP CENTRAL INDEX KEY: 0001413482 IRS NUMBER: 208197121 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 7770 EL CAMINO REAL CITY: CARLSBAD STATE: CA ZIP: 92009 BUSINESS PHONE: 760-943-3939 MAIL ADDRESS: STREET 1: 7770 EL CAMINO REAL CITY: CARLSBAD STATE: CA ZIP: 92009 SC 13G/A 1 dsc13ga.htm AMENDMENT NO. 5 TO SCHEDULE 13G Amendment No. 5 to Schedule 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

(Amendment No. 5)

Under the Securities Exchange Act of 1934

 

 

Esperanza Silver Corporation

(Name of Issuer)

 

 

Common Shares without par value

(Title of Class of Securities)

29664T 10 2

(CUSIP Number)

December 31, 2009

(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)

 

 

 


CUSIP No. 29664T 10 2    Page 2 of 10

 

  1   

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Exploration Capital Partners 1998-B Limited Partnership

20-8197121

    
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  x

 

    
  3  

SEC USE ONLY

 

    
  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    California

    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

       5       

SOLE VOTING POWER

 

    0

    
       6       

SHARED VOTING POWER

 

    4,968,000

    
       7       

SOLE DISPOSITIVE POWER

 

    0

    
       8       

SHARED DISPOSITIVE POWER

 

    4,968,000

    

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    4,968,000

    

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

   ¨

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    10.4%

    

12

 

TYPE OF REPORTING PERSON

 

    PN

    


CUSIP No. 29664T 10 2    Page 3 of 10

 

  1   

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Resource Capital Investment Corporation

88-0384205

    
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  x

 

    
  3  

SEC USE ONLY

 

    
  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Nevada

    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

       5       

SOLE VOTING POWER

 

    0

    
       6       

SHARED VOTING POWER

 

    5,255,500

    
       7       

SOLE DISPOSITIVE POWER

 

    0

    
       8       

SHARED DISPOSITIVE POWER

 

    5,255,500

    

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    5,255,500

    

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

   ¨

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    11.0%

    

12

 

TYPE OF REPORTING PERSON

 

    CO

    


CUSIP No. 29664T 10 2    Page 4 of 10

 

  1   

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Rule Family Trust udt 12/17/98

Not Applicable

    
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  x

 

    
  3  

SEC USE ONLY

 

    
  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    California

    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

       5       

SOLE VOTING POWER

 

    0

    
       6       

SHARED VOTING POWER

 

    5,255,500

    
       7       

SOLE DISPOSITIVE POWER

 

    0

    
       8       

SHARED DISPOSITIVE POWER

 

    5,255,500

    

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    5,255,500

    

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

   ¨

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    11.0%

    

12

 

TYPE OF REPORTING PERSON

 

    OO

    


CUSIP No. 29664T 10 2    Page 5 of 10

 

  1   

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Arthur Richards Rule

Not Applicable

    
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  x

 

    
  3  

SEC USE ONLY

 

    
  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    California

    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

       5       

SOLE VOTING POWER

 

    0

    
       6       

SHARED VOTING POWER

 

    5,255,500

    
       7       

SOLE DISPOSITIVE POWER

 

    0

    
       8       

SHARED DISPOSITIVE POWER

 

    5,255,500

    

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    5,255,500

    

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

   ¨

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    11.0%

    

12

 

TYPE OF REPORTING PERSON

 

    IN

    


CUSIP No. 29664T 10 2    Page 6 of 10

 

The Statement on Schedule 13G, dated November 29, 2004, filed by Exploration Capital Partners Limited Partnership (“Exploration Capital”), RCIC, the Trust and Mr. Rule (RCIC, the Trust and Mr. Rule are defined in Item 2 below), as amended by Amendment No. 1, dated February 10, 2006, and by Amendment No. 2, dated February 13, 2007, which was filed by Exploration Capital, Exploration Capital Partners 2000 Limited Partnership, RCIC, the Trust and Mr. Rule, and Amendment No. 3, dated February 8, 2008, and Amendment No. 4, dated February 6, 2009, which was filed by Exploration Capital 1998-B (as defined in Item 2 below), RCIC, the Trust and Mr. Rule, is hereby amended and restated in its entirety to read as follows:

 

Item 1  

(a).

   Name of Issuer:      
     Esperanza Silver Corporation      
Item 1  

(b).

   Address of Issuer’s Principal Executive Offices:      
    

Suite 900, 570 Granville Street

Vancouver, British Columbia, Canada V6C 3P1

     
Item 2  

(a). - (c).

   Name, Principal Business Address and Citizenship of Persons Filing:      
  (1)   

Exploration Capital Partners 1998-B Limited Partnership (“Exploration Capital 1998-B”)

7770 El Camino Real

Carlsbad, California 92009

Citizenship: California

     
  (2)   

Resource Capital Investment Corporation (“RCIC”)

7770 El Camino Real

Carlsbad, California 92009

Citizenship: Nevada

     
  (3)   

Rule Family Trust udt 12/17/98 (the “Trust”)

7770 El Camino Real

Carlsbad, California 92009

Citizenship: California

     
  (4)   

Arthur Richards Rule (“Mr. Rule”)

7770 El Camino Real

Carlsbad, California 92009

Citizenship: California

     
Item 2  

(d).

   Title of Class of Securities:      
     Common Shares without par value      
Item 2  

(e).

   CUSIP Number:      
     29664T 10 2      
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)    ¨    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:             
     Not Applicable      


CUSIP No. 29664T 10 2    Page 7 of 10

 

Item 4.    Ownership.      
  

The information in items 1 and 5 through 11 on the cover pages (pp. 2-5) on Schedule 13G is hereby incorporated by reference.

 

This Statement is filed by (i) Exploration Capital 1998-B, as the direct beneficial owner of 4,968,000 Common Shares of the Issuer; (ii) by virtue of its position as General Partner of Exploration Capital 1998-B and of Exploration Capital 2005 (as defined and set forth below), by RCIC; (iii) by virtue of its indirect ownership and control of Exploration Capital 1998-B and Exploration Capital 2005 (as owner of 100% of RCIC), by the Trust; and (iv) by virtue of his positions with RCIC and ownership interest in the Trust, as described in the following sentence, by Mr. Rule. Mr. Rule is President and a Director of RCIC and, with his wife, is co-Trustee of the Trust, which owns 100% of RCIC.

 

Exploration Capital Partners 2005 Limited Partnership (“Exploration Capital 2005”), which is not a Reporting Person, is the direct beneficial owner of 287,500 Common Shares of the Issuer, aggregating less than 1% of the Issuer’s outstanding Common Shares. The General Partner of Exploration Capital 2005 is RCIC.

     
Item 5.    Ownership of Five Percent or Less of a Class.   
   Not Applicable   
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.    Certification.      
   By signing below, each of the undersigned certifies that, to the best of his or its 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.      


CUSIP No. 29664T 10 2    Page 8 of 10

 

SIGNATURES

After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Date: February 3, 2010   Exploration Capital Partners 1998-B Limited Partnership
  By:   Resource Capital Investment Corporation, its general partner
  By:  

/S/    GRETCHEN CARTER        

    Gretchen Carter, Secretary/Treasurer
Date: February 3, 2010   Resource Capital Investment Corporation
  By:  

/S/    GRETCHEN CARTER        

    Gretchen Carter, Secretary/Treasurer
Date: February 3, 2010   Rule Family Trust udt 12/17/98
  By:   Arthur Richards Rule, Trustee
  By:  

/S/    GRETCHEN CARTER        

    Gretchen Carter, Attorney-in-Fact
Date: February 3, 2010   Arthur Richards Rule, individually
  By:  

/S/    GRETCHEN CARTER        

    Gretchen Carter, Attorney-in-Fact


EXHIBIT 1

AGREEMENT TO FILE JOINTLY

Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, the undersigned hereby agree that only one statement containing the information required by Schedule 13G need be filed with respect to the ownership by each of the undersigned of Common Shares of Esperanza Silver Corporation. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original.

 

Date: February 3, 2010   Exploration Capital Partners 1998-B Limited Partnership
  By:   Resource Capital Investment Corporation, its general partner
  By:  

/S/    GRETCHEN CARTER        

    Gretchen Carter, Secretary/Treasurer
Date: February 3, 2010   Resource Capital Investment Corporation
  By:  

/S/    GRETCHEN CARTER        

    Gretchen Carter, Secretary/Treasurer
Date: February 3, 2010   Rule Family Trust udt 12/17/98
  By:   Arthur Richards Rule, Trustee
  By:  

/S/    GRETCHEN CARTER        

    Gretchen Carter, Attorney-in-Fact
Date: February 3, 2010   Arthur Richards Rule, individually
  By:  

/S/    GRETCHEN CARTER        

    Gretchen Carter, Attorney-in-Fact


EXHIBIT 2

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby constitutes and appoints JEFFREY HOWARD and GRETCHEN CARTER, and each of them, his true and lawful attorneys-in-fact and agents with full power to sign for the undersigned and in the name, place and stead of the undersigned, in any and all capacities, any report required to be filed with the Securities and Exchange Commission pursuant to either Section 13 or 16 of the Securities Exchange Act of 1934 and any successor or alternate provisions thereto (the “Exchange Act”) of securities of all entities in which the undersigned may, from time to time, have direct or indirect ownership interests, on, without limitation, Schedule 13D, Schedule 13G, Form 3, Form 4, Form 5 or any other such schedules or forms as may be designated by the Securities and Exchange Commission for such purpose, and any and all amendments thereto and any and all exhibits and other documents necessary or incidental in connection therewith, and to file the same with the Securities and Exchange Commission, hereby granting to said attorneys-in-fact and agents, and each of them, full power of substitution and revocation in the premises, and generally to do and perform each and every act and thing which said attorneys-in-fact and agents, and each of them, may deem necessary or advisable to facilitate compliance with the provisions of said sections of the Exchange Act, and all regulations of the Securities and Exchange Commission thereunder, as fully and to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or any substitute or substitutes for any or all of them, may do or cause to be done by virtue of these presents.

IN WITNESS WHEREOF, the undersigned have hereunto executed this Power of Attorney this 22nd day of October, 2004.

 

/S/    ARTHUR RICHARDS RULE        

Arthur Richards Rule
RULE FAMILY TRUST U/D/T 12/17/98
By:  

/S/    ARTHUR RICHARDS RULE        

  Arthur Richards Rule, as trustee
-----END PRIVACY-ENHANCED MESSAGE-----