-----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, HI8QC85MveWG8++ktzIHNjcRgWhz0fLCaDnoFYfA52K3jBuyMTx6tnIGkYrdD72L cb7vOEZnHZ84u8xX63x93g== 0000897069-03-000199.txt : 20030214 0000897069-03-000199.hdr.sgml : 20030214 20030214110715 ACCESSION NUMBER: 0000897069-03-000199 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030214 GROUP MEMBERS: DAVID W. TICE &ASSOCIATES SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CANYON RESOURCES CORP CENTRAL INDEX KEY: 0000739460 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 840800747 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-38907 FILM NUMBER: 03563705 BUSINESS ADDRESS: STREET 1: 14142 DENVER W PKWY STE 250 CITY: GOLDEN STATE: CO ZIP: 80401 BUSINESS PHONE: 3032788464 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PRUDENT BEAR FUNDS INC CENTRAL INDEX KEY: 0001002903 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: MD FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 615 EAST MICHIGAN STREET STREET 2: STE 405 CITY: MILWAUKEE STATE: WI ZIP: 53202 BUSINESS PHONE: 4142873315 MAIL ADDRESS: STREET 1: 8140 WALNUT HILL LANE STREET 2: SUITE 405 CITY: DALLAS STATE: TX ZIP: 75231 SC 13G/A 1 irm161.txt SCHEDULE 13G AMENDMENT NO. 2 ----------------------------------- OMB APPROVAL ----------------------------------- OMB Number: 3235-0145 Expires: December 31, 2005 Estimated average burden Hours per response . . . . . .11 ----------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2)* CANYON RESOURCES CORPORATION - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 138869102 ------------------------------------------------------- (CUSIP Number) December 31, 2002 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] 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 disclosures provided in a prior cover page. The information required on 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 page(s)) Page 1 of 7 Pages - ----------------------------------------------------- CUSIP No. 138869102 - ----------------------------------------------------- ========== ===================================================================== 1 NAME OF REPORTING PERSON David W. Tice & Associates, LLC - 75-2476962 - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] Not Applicable - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------- --- ------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES -0- --- ------------------------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -0- --- ------------------------------------------------------------ EACH 7 SOLE DISPOSITIVE POWER REPORTING 1,060,976 --- ------------------------------------------------------------ PERSON 8 SHARED DISPOSITIVE POWER WITH -0- - ----------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,060,976(1) - ----------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) [ ] Not Applicable - ----------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.3%(1) - ----------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (See Instructions) IA ================================================================================ (1) The percent ownership calculated is based upon an aggregate 20,148,102 shares outstanding as of November 1, 2002. Page 2 of 7 Pages - ----------------------------------------------------- CUSIP No. 138869102 - ----------------------------------------------------- ========== ===================================================================== 1 NAME OF REPORTING PERSON Prudent Bear Funds, Inc. - 39-1837741 - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] Not Applicable - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Maryland - --------------- --- ------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 1,060,976 --- ------------------------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -0- --- ------------------------------------------------------------ EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- --- ------------------------------------------------------------ PERSON 8 SHARED DISPOSITIVE POWER WITH -0- - ----------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,060,976(1) - ----------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) [ ] Not Applicable - ----------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.3%(1) - ----------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (See Instructions) IV ================================================================================ (1) The percent ownership calculated is based upon an aggregate 20,148,102 shares outstanding as of November 1, 2002. Page 3 of 7 Pages - ----------------------------------------------------- CUSIP No. 138869102 - ----------------------------------------------------- This Amendment No. 2 to the undersigned's Schedule 13G, which was originally filed on February 14, 2001 (the "Schedule 13G") with regard to Canyon Resources Corporation (the "Issuer") is being filed to amend Items 2, 4 and 5 of the Schedule 13G. Except as expressly stated herein, there have been no material changes in the information set forth in the Schedule 13G. Item 2(a). Name of Person Filing: ---------- --------------------- The persons filing this Schedule 13G are (i) David W. Tice & Associates, LLC, an investment adviser registered under Section 203 of the Investment Advisers Act of 1940 and (ii) Prudent Bear Funds, Inc., an investment company registered under the Investment Company Act of 1940. Attached as Exhibit 1 hereto, which is incorporated by reference herein, is an agreement between David W. Tice & Associates, LLC and Prudent Bear Funds, Inc. that this Schedule 13G is filed on behalf of each of them. Item 2(b). Address of Principal Business Office or, if none, Residence: ---------- ----------------------------------------------------------- 8140 Walnut Hill Lane, Suite 300 Dallas, Texas 75231 (for both David W. Tice & Associates, LLC and Prudent Bear Funds, Inc.) Item 2(c). Citizenship: ---------- ----------- David W. Tice & Associates, LLC is a Delaware limited liability company. Prudent Bear Funds, Inc. is a Maryland corporation. Item 2(d). Title of Class of Securities: ---------- ---------------------------- Common Stock Item 2(e). CUSIP Number: ---------- ------------ 138869102 Page 4 of 7 Pages - ----------------------------------------------------- CUSIP No. 138869102 - ----------------------------------------------------- Item 4. Ownership ------- --------- David W. Tice & Associates, LLC ------------------------------- (a) Amount Beneficially Owned: 1,060,976* (b) Percent of Class: 5.3% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: -0- (ii) shared power to vote or to direct the vote: -0- (iii) sole power to dispose or to direct the disposition of: 1,060,976 (iv) shared power to dispose or to direct the disposition of: -0- Prudent Bear Funds, Inc. ------------------------ (a) Amount Beneficially Owned: 1,060,976* (b) Percent of Class: 5.3% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 1,060,976 (ii) shared power to vote or to direct the vote: -0- (iii) sole power to dispose or to direct the disposition of: -0- (iv) shared power to dispose or to direct the disposition of: -0- - ------------------------- * David W. Tice & Associates, LLC and Prudent Bear Funds, Inc. share beneficial ownership over the same 1,060,976 shares. Page 5 of 7 Pages - ----------------------------------------------------- CUSIP No. 138869102 - ----------------------------------------------------- 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 securities, check the following [ ]. Exhibits. -------- 1. Agreement to file Schedule 13G jointly. 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: February 10, 2003 DAVID W. TICE & ASSOCIATES, LLC By: /s/ David W. Tice --------------------------------------- David W. Tice, President PRUDENT BEAR FUNDS, INC. By: /s/ David W. Tice --------------------------------------- David W. Tice, President Page 6 of 7 Pages - ----------------------------------------------------- CUSIP No. 138869102 - ----------------------------------------------------- EXHIBIT 1 --------- AGREEMENT dated as of February 10, 2003, by and among David W. Tice & Associates, LLC, a Delaware limited liability company, and Prudent Bear Funds, Inc., a Maryland corporation. WHEREAS, in accordance with Rule 13d-1(k) of the Securities Exchange Act of 1934 (the "Act"), only one such statement need be filed whenever two or more persons are required to file a statement pursuant to Section 13(d) of the Act with respect to the same securities, provided that said persons agree in writing that such statement is filed on behalf of each of them. NOW, THEREFORE, in consideration of the premises and mutual agreements herein contained, the parties hereto agree as follows: Both David W. Tice & Associates, LLC and Prudent Bear Funds, Inc. hereby agree, in accordance with Rule 13d-1(k) under the Act, to file one Statement on Schedule 13G relating to their ownership of the Common Stock of Canyon Resources Corporation, and hereby further agree that said Statement shall be filed on behalf of both David W. Tice & Associates, LLC and Prudent Bear Funds, Inc. Nothing herein shall be deemed to be an admission that the parties hereto, or any of them, are members of a "group" (within the meaning of Section 13(d) of the Act and the rules promulgated thereunder) with respect to any securities of Canyon Resources Corporation. IN WITNESS WHEREOF, the parties have executed this agreement as of the date first written above. DAVID W. TICE & ASSOCIATES, LLC By: /s/ David W. Tice ------------------------------------ David W. Tice, President PRUDENT BEAR FUNDS, INC. By: /s/ David W. Tice ------------------------------------ David W. Tice, President Page 7 of 7 Pages -----END PRIVACY-ENHANCED MESSAGE-----