-----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, EspZIDcudcXzmpUFk3nIWEP+86d0NYq9ptNjFVRUiUsdfocQc6ePsB4tqzzpwk6a S75Jc2gFr6AVspY4103IOQ== 0000905148-10-001933.txt : 20100930 0000905148-10-001933.hdr.sgml : 20100930 20100930172940 ACCESSION NUMBER: 0000905148-10-001933 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100930 DATE AS OF CHANGE: 20100930 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MDS INC. CENTRAL INDEX KEY: 0001057698 STANDARD INDUSTRIAL CLASSIFICATION: LABORATORY ANALYTICAL INSTRUMENTS [3826] IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-60353 FILM NUMBER: 101100060 BUSINESS ADDRESS: STREET 1: 447 MARCH ROAD CITY: OTTAWA STATE: A6 ZIP: K2K 1X8 BUSINESS PHONE: 613.592.3400 MAIL ADDRESS: STREET 1: 447 MARCH ROAD CITY: OTTAWA STATE: A6 ZIP: K2K 1X8 FORMER COMPANY: FORMER CONFORMED NAME: MDS INC DATE OF NAME CHANGE: 19980312 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WEST FACE CAPITAL INC. CENTRAL INDEX KEY: 0001450746 IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 2 BLOOR STREET EAST STREET 2: SUITE 810 CITY: TORONTO STATE: A6 ZIP: M4W 1A8 BUSINESS PHONE: 647-724-8900 MAIL ADDRESS: STREET 1: 2 BLOOR STREET EAST STREET 2: SUITE 810 CITY: TORONTO STATE: A6 ZIP: M4W 1A8 SC 13G/A 1 efc10-637_fmsc13ga.htm efc10-637_fmsc13ga.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
 

 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
 
MDS INC.
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
             55269P302           
(CUSIP Number)
 
           September 20, 2010         
(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).
 

Continued on following pages
Page 1 of 8 Pages
Exhibit Index: Page 7
 
 
 
 

 
 
 
SCHEDULE 13G
 
 CUSIP No.: 55269P302
 
   Page 2 of 8 Pages
 
1. 
 
 
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 
WEST FACE CAPITAL INC.
 
2. 
 
 
Check the Appropriate Box if a Member of a Group
 
(a)  [  ]
(b)  [  ]
 
3. 
 
 
SEC Use Only
 
 4. 
 
Citizenship or Place of Organization
 
Canada
 
Number of
Shares
Beneficially
Owned by Each Reporting
 Person With
 
5. 
 
 
Sole Voting Power  
 
None
 
6. 
 
 
Shared Voting Power   
 
0
 
7. 
 
 
Sole Dispositive Power  
 
None
 
8. 
 
 
Shared Dispositive Power  
 
0
 
9. 
   
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
0
 
10. 
 
 
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[  ]
 
11. 
 
 
Percent of Class Represented by Amount in Row (9)
 
0%
 
12. 
 
 
Type of Reporting Person:
 
CO, IA

 
 
 
 

 
 
 
 
 
SCHEDULE 13G
 
 CUSIP No.: 55269P302
 
   Page 3 of 8 Pages
 
1. 
 
 
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 
GREGORY A. BOLAND
 
2. 
 
 
Check the Appropriate Box if a Member of a Group
 
(a)  [  ]
(b)  [  ]
 
3. 
 
 
SEC Use Only
 
4. 
 
 
Citizenship or Place of Organization
 
Canada
 
Number of
Shares
Beneficially
Owned by Each Reporting
Person With
 
5. 
 
 
Sole Voting Power  
 
None
 
6. 
 
 
Shared Voting Power   
 
0
 
7. 
 
 
Sole Dispositive Power  
 
None
 
8. 
 
 
Shared Dispositive Power  
 
0
 
9. 
   
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
0
 
10. 
 
 
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[  ]
 
11. 
 
 
Percent of Class Represented by Amount in Row (9)
 
0%
 
12. 
 
 
Type of Reporting Person:
 
IN, HC

 
 
 
 

 
 
Page 4 of 8 Pages
 

Item 1(a).
Name of Issuer:
 
 
MDS Inc. (the “Issuer”).
 
Item 1(b).
Address of Issuer’s Principal Executive Offices:
 
 
2810 Matheson Blvd. East, Suite 500, Mississauga, Ontario, Canada L4W 4X7
 
Item 2(a).
Name of Person Filing:
 
 
This Statement is filed on behalf of each of the following persons (collectively, the “Reporting Persons”):
 
 
i) West Face Capital Inc. (“West Face”); and
 
 
ii) Gregory A. Boland (“Mr. Boland”).
         
                                           This Statement relates to the Shares (as defined herein) held for the accounts of each of West Face Long Term Opportunities Global Master L.P., a Cayman Islands Limited Partnership (“WFGM”), West Face Long Term Opportunities Master Fund L.P., a Cayman Islands Limited Partnership (“WFMF”), West Face Long Term Opportunities (USA) Limited Partnership, a Delaware Limited Partnership (“WFLP”), and West Face Long Term Opportunities Limited Partnership (“WFCLP”), a Canadian Limited Partnership.  West Face serves as investment manage r to each of WFGM, WFMF, WFLP and WFCLP.  West Face (Cayman 2) Inc. serves as the General Partner of WFGM. West Face (Cayman) Inc. serves as the General Partner of WFMF.  West Face Capital LLC serves as the General Partner of WFLP.  West Face General Partner Inc. serves as the General Partner of WFCLP.  Mr. Boland serves as a director of West Face (Cayman 2) Inc., West Face (Cayman) Inc., West Face Capital LLC and West Face General Partner Inc.  Mr. Boland is also President and Chief Executive Officer of West Face.  In such capacity, Mr. Boland may be deemed to have voting and dispositive power over the Shares held for each of WFGM, WFMF, WFLP and WFCLP.
 
Item 2(b).   
Address of Principal Business Office or, if None, Residence:
 
 
The address of the principal business office of each of the Reporting Persons is 2 Bloor Street East, Suite 810, Toronto, Ontario M4W 1A8.
 
Item 2(c).
Citizenship:
 
1) West Face is a Canadian company; and
 
2) Mr. Boland is a citizen of Canada.
 
Item 2(d).
Title of Class of Securities:
 
 
Common Shares (the “Shares”).
 
Item 2(e).
CUSIP Number:
 
 
55269P302
 
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:
   
  This Item 3 is not applicable.
 
 

 
 

 
                      
 
 
Page 5 of 8 Pages
 
 
Item 4. 
Ownership:
   
Item 4(a).   Amount Beneficially Owned:
                                                            
                                            As of September 20, 2010, each of West Face and Mr. Boland may be deemed to be the beneficial owner of 0 Shares.  
 
Item 4(b). 
Percent of Class:

                                            The number of Shares of which each of West Face and Mr. Boland may be deemed to be the beneficial owner constitutes approximately 0% of the total number of Shares outstanding.
 
Item 4(c). 
Number of Shares of which such person has:
 
West Face and Mr. Boland:
 
(i) Sole power to vote or direct the vote:
0
 
(ii) Shared power to vote or direct the vote:
0
 
(iii) Sole power to dispose or direct the disposition of:
0
 
(iv) Shared power to dispose or 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 Persons have ceased to be the beneficial owners of more than five percent of the class of securrities, check the following [ X ].
 
Item 6.  
Ownership of More than Five Percent on Behalf of Another Person:
 
 
This Item 6 is not applicable
 
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company:
 
  This Item 7 is not applicable
Item 8.   
  Identification and Classification of Members of the Group:
   
  See disclosure in Item 2 hereof.
   
Item 9.   Notice of Dissolution of Group:
   
  This Item 9 is not applicable.
   
Item 10.  Certification:
 
                                            By signing below each of the Reporting Persons certifies that, to the best of each Reporting Person's 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 8 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.

Date: September 30, 2010
 
WEST FACE CAPITAL INC.
     
     
   
By:         /s/ John Maynard                                   
   
Name:  John Maynard
   
Title:   Chief Financial Officer
     
Date: September 30, 2010
 
GREGORY A. BOLAND
   
By:  ___/s/ Gregory A. Boland__________
     
 
 
 
 
 
 
 

 
 
                      
 
 
Page 7 of 8 Pages
 
 
 
 
EXHIBIT INDEX
 
Ex.
 
Page No.
A
Joint Filing Agreement, dated September 30, 2010, by and among West Face Capital Inc. and Gregory A. Boland…………………………………………
8

 
 
 
 
 

 
 
Page 8 of 8 Pages
 

 
EXHIBIT A

JOINT FILING AGREEMENT

The undersigned hereby agree that the statement on Schedule 13G with respect to the Common Stock of MDS Inc. dated as of September 30, 2010 is, and any amendments thereto (including amendments on Schedule 13D) signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.

Date: September 30, 2010
 
WEST FACE CAPITAL INC.
     
     
   
By: __/s/ John Maynard________
   
Name:  John Maynard
   
Title:   Chief Financial Officer
     
Date: September 30, 2010
 
GREGORY A. BOLAND
     
     
   
By:  _/s/ Gregory A. Boland__________
     

 
 

 
 
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