UNITED STATES | |||
SECURITIES AND EXCHANGE COMMISSION | |||
Washington, D.C. 20549 | |||
U.S. Geothermal Inc.
|
Common Stock
|
90338S102
|
December 31, 2012
|
(Date of Event which Requires Filing of this Statement)
|
CUSIP No. 90338S102
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Page 2 of 7 Pages
|
1
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NAMES OF REPORTING PERSONS
AGF Management Limited
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) [x]
|
(b) [ ] | ||
3 | SEC USE ONLY | |
|
|
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario CANADA
|
NUMBER OF SHARES BENEFICIALLY OWNED BY
EACH REPORTING PERSON WITH |
5
|
SOLE VOTING POWER
0
|
|||
6
|
SHARED VOTING POWER
5,203,762
|
||||
7
|
SOLE DISPOSITIVE POWER
0
|
||||
8
|
SHARED DISPOSITIVE POWER
5,203,762
|
9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,203,762
|
|||||
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |
[ ]
|
||||
11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.8%
|
|||||
12
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TYPE OF REPORTING PERSON
OO
|
|||||
CUSIP No. 90338S102
|
Page 3 of 7 Pages
|
1
|
NAMES OF REPORTING PERSONS
AGF Investments Inc.
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) [x]
|
(b) [ ] | ||
3 | SEC USE ONLY | |
|
|
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario CANADA
|
NUMBER OF SHARES BENEFICIALLY OWNED BY
EACH REPORTING PERSON WITH |
5
|
SOLE VOTING POWER
0
|
|||
6
|
SHARED VOTING POWER
5,203,762
|
||||
7
|
SOLE DISPOSITIVE POWER
0
|
||||
8
|
SHARED DISPOSITIVE POWER
5,203,762
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,203,762
|
|||||
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |
[ ]
|
||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.8%
|
|||||
12
|
TYPE OF REPORTING PERSON
CO
|
|||||
CUSIP No. 90338S102
|
Page 4 of 7 Pages
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Item 1. |
(a)
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Name of Issuer:
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U.S. Geothermal Inc.
|
||
(b)
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Address of Issuer’s Principal Executive Offices:
|
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1505 Tyrell Lane
|
||
Boise, Idaho 83706 |
Item 2. |
(a)
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Name of Persons Filing:
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AGF Management Limited and AGF Investments Inc.
|
||
(b)
|
Address of Principal Business Office or, if none, Residence:
|
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P.O. Box 50
|
||
Toronto Dominion Bank Tower, 31st Fl, Toronto, CANADA M5K 1E9 | ||
(c)
|
Citizenship
|
|
Canadian
|
||
(d)
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Title of Class of Securities
|
|
Common Stock
|
||
(e)
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CUSIP Number
|
|
90338S102
|
Item 3. | If this statement is filed pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | ||
(a)
|
[ ]
|
Broker or dealer registered under Section 15 of the Act.
|
|
(b)
|
[ ]
|
Bank as defined in Section 3(a)(6) of the Act.
|
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(c)
|
[ ]
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Insurance company as defined in Section 3(a)(19) of the Act.
|
|
(d)
|
[ ]
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Investment company registered under Section 8 of the Investment Company Act of 1940.
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(e)
|
[ ]
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An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E).
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(f)
|
[ ]
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An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F).
|
|
(g)
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[x]
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A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G).
|
|
(h)
|
[ ]
|
A savings associations 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 of 1940.
|
|
(j)
|
[ ]
|
A non-U.S. institution in accordance with Section 240.13d–1(b)(1)(ii)(J).
|
|
(k)
|
[ ]
|
Group, in accordance with Section 240.13d-1(b)(1)(ii)(K).
|
CUSIP No. 90338S102
|
Page 5 of 7 Pages
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Item 4. | Ownership: | ||
(a)
|
Amount Beneficially Owned:
|
||
5,203,762
|
|||
(b)
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Percent of Class
|
||
5.8%
|
|||
(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:
|
||
5,203,762
|
|||
(iii)
|
sole power to dispose or to direct the disposition of:
|
||
0
|
|||
(iv)
|
shared power to dispose or to direct the disposition of:
|
||
5,203,762
|
Item 5.
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Ownership of Five Percent or Less of a Class:
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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 | |
[ ]. |
Item 6.
|
Ownership of More than Five Percent on Behalf of Another Person: N/A
|
Item 7.
|
Identification and Classification of Subsidiaries Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:
|
AGF Investments Inc. is 100 percent (directly or indirectly) owned by AGF Management Limited. | |
CUSIP No. 90338S102
|
Page 6 of 7 Pages
|
Item 8.
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Identification and Classification of Members of the Group:
|
Item 9.
|
Notice of Dissolution of Group:
|
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. | |
Date: January 30, 2013 | |||||
AGF MANAGEMENT LIMITED | |||||
By: | /s/ Jacqueline Sanz | ||||
Name: | Jacqueline Sanz | ||||
Title: | Vice President, Corporate Compliance and | ||||
Oversight, Chief Privacy Officer |
AGF INVESTMENTS INC. | |||||
By: | /s/ Jacqueline Sanz | ||||
Name: | Jacqueline Sanz | ||||
Title: | Vice President, Corporate Compliance and | ||||
Oversight, Chief Privacy Officer |
CUSIP No. 90338S102
|
Page 7 of 7 Pages
|
AGF MANAGEMENT LIMITED | |||||
By: | /s/ Jacqueline Sanz | ||||
Name: | Jacqueline Sanz | ||||
Title: | Vice President, Corporate Compliance and | ||||
Oversight, Chief Privacy Officer |
AGF INVESTMENTS INC. | |||||
By: | /s/ Jacqueline Sanz | ||||
Name: | Jacqueline Sanz | ||||
Title: | Vice President, Corporate Compliance and | ||||
Oversight, Chief Privacy Officer |