1
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NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Electrum Strategic Resources LLC
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2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
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(a) o
(b) o
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3
|
SEC USE ONLY:
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4
|
SOURCE OF FUNDS*
OO
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5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
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¨
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6
|
CITIZENSHIP OR PLACE OF ORGANIZATION:
Delaware
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER:
14,094,912 Common Shares, consisting of 8,872,033 Common Shares and warrants to acquire an additional 5,222,879 Common Shares
|
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8
|
SHARED VOTING POWER:
0 shares
|
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9
|
SOLE DISPOSITIVE POWER:
14,094,912 Common Shares, consisting of 8,872,033 Common Shares and warrants to acquire an additional 5,222,879 Common Shares
|
||
10
|
SHARED DISPOSITIVE POWER:
0 shares
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
14,094,912 Common Shares, consisting of 8,872,033 Common Shares and warrants to acquire an additional 5,222,879 Common Shares
|
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12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|
¨
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
27.21% (assuming full exercise of all warrants held by the Reporting Person)
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14
|
TYPE OF REPORTING PERSON*
OO
|
|
(a)
|
This Statement is being filed by Electrum Strategic Resources LLC (the “Reporting Person”). Schedule A attached hereto sets forth information regarding persons referred to in Instruction C of Schedule 13D.
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(b)
|
The principal business address of the Reporting Person is 535 Madison Avenue, 12th Floor, New York, NY 10022.
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(c)
|
The principal business of the Reporting Person is owning securities.
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(d)
|
Neither the Reporting Person, nor any person named on Schedule A, has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
|
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(e)
|
Neither the Reporting Person, nor any person named on Schedule A has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, was or is subject to a judgment, decree or final order enjoining future violations of or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect thereto.
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(f)
|
The Reporting Person is a limited liability company organized and existing in the State of Delaware.
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1.
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Warrant agreement, between the Reporting Person and the Issuer, dated January 22, 2009 (Incorporated by reference to the Reporting Person’s Schedule 13D filed with the Securities and Exchange Commission on February 2, 2009).
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ELECTRUM STRATEGIC RESOURCES LLC
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/s/ William Natbony
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By: William Natbony
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Title: Chief Executive Officer
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