0000919574-20-001080.txt : 20200213 0000919574-20-001080.hdr.sgml : 20200213 20200213163033 ACCESSION NUMBER: 0000919574-20-001080 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200213 DATE AS OF CHANGE: 20200213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Asanko Gold Inc. CENTRAL INDEX KEY: 0001377757 STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-83675 FILM NUMBER: 20611117 BUSINESS ADDRESS: STREET 1: 680 - 1066 WEST HASTINGS STREET CITY: VANCOUVER STATE: A1 ZIP: V6E 3X2 BUSINESS PHONE: 604 683 8193 MAIL ADDRESS: STREET 1: 680 - 1066 WEST HASTINGS STREET CITY: VANCOUVER STATE: A1 ZIP: V6E 3X2 FORMER COMPANY: FORMER CONFORMED NAME: Keegan Resources Inc. DATE OF NAME CHANGE: 20061006 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SUN VALLEY GOLD LLC CENTRAL INDEX KEY: 0001280493 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 620 SUN VALLEY ROAD STREET 2: P.O. BOX 2759 CITY: SUN VALLEY STATE: ID ZIP: 83353 BUSINESS PHONE: 208-726-2327 MAIL ADDRESS: STREET 1: 620 SUN VALLEY ROAD STREET 2: P.O. BOX 2759 CITY: SUN VALLEY STATE: ID ZIP: 83353 SC 13G/A 1 d8470834_13g-a.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 6)*

 

 

Asanko Gold Inc.
(Name of Issuer)

 

 

Common Shares, no par value
(Title of Class of Securities)

 

 

04341Y105
(CUSIP Number)

 

 

December 31, 2019
(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).

 
 

 




CUSIP No.
04341Y105    

 

1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  Sun Valley Gold LLC  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [_]
     
3. SEC USE ONLY  
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  Delaware  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  0  
     
6. SHARED VOTING POWER  
     
  25,061,857  
     
7. SOLE DISPOSITIVE POWER  
     
  0  
     
8. SHARED DISPOSITIVE POWER  
     
  25,061,857  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  25,061,857  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  
    [_]
     
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  11.1%  
     
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
  IA  

 

 
 

 

 




CUSIP No.
04341Y105    

 

1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  Palmedo Holdings LLLP  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [_]
     
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  
     
  25,061,857  
     
7. SOLE DISPOSITIVE POWER  
     
  0  
     
8. SHARED DISPOSITIVE POWER  
     
  25,061,857  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  25,061,857  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  
    [_]
     
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  11.1%  
     
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
  PN  
 
 

 




CUSIP No.
04341Y105    

 

1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  Peter F. Palmedo  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [_]
     
3. SEC USE ONLY  
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  United States of America  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  0  
     
6. SHARED VOTING POWER  
     
  25,061,857  
     
7. SOLE DISPOSITIVE POWER  
     
  0  
     
8. SHARED DISPOSITIVE POWER  
     
  25,061,857  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  25,061,857  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  
    [_]
     
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  11.1%  
     
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
  IN  

 

 
 

 


CUSIP No.
04341Y105  

 

1. NAME OF REPORTING PERSONS
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
  Sun Valley Gold Master Fund, Ltd.
   
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
   
   
3. SEC USE ONLY
   
   
4. CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Cayman Islands
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
   
5. SOLE VOTING POWER
   
  0
   
6. SHARED VOTING POWER
   
  15,861,103
   
7. SOLE DISPOSITIVE POWER
   
  0
   
8. SHARED DISPOSITIVE POWER
   
  15,861,103
   
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  15,861,103
   
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
   
   
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  7.0%
   
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO
 
 

 

 

CUSIP No. 04341Y105    

 

Item 1. (a). Name of Issuer:  
       
    Asanko Gold Inc.    
       
  (b). Address of issuer's principal executive offices:  
       
   

1066 West Hastings Street, Suite 680

Vancouver, British Columbia

Canada V6E 3X2

 
       
Item 2. (a). Name of person filing:  
       
   

Sun Valley Gold LLC

Palmedo Holdings LLLP

Peter F. Palmedo

Sun Valley Gold Master Fund, Ltd.

 
       
  (b). Address or principal business office or, if none, residence:  
       
    620 Sun Valley Road
P.O. Box 2759
Sun Valley, ID 83353
 
       
  (c). Citizenship:  
       
   

Sun Valley Gold LLC – Delaware
Palmedo Holdings LLLP – Nevada
Peter F. Palmedo – United States of America

Sun Valley Gold Master Fund, Ltd. – Cayman Islands

 
       
  (d). Title of class of securities:  
       
    Common Stock  
       
  (e). CUSIP No.:  
       
    04341Y105  

 

 
 

 

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
   
  (a) [_] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
       
  (b) [_] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
       
  (c) [_] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
       
  (d) [_] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
       
  (e) [_] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
       
  (f) [_] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
       
  (g) [_] A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
       
  (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813);
       
  (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 (15 U.S.C. 80a-3);
       
  (j) [_] A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
       
  (k) [_] Group, in accordance with §240.13d-1(b)(1)(ii)(K).  If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:

 

 

 
 

 

Item 4. Ownership.
   
  Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
   
  (a) Amount beneficially owned:
     
   

Sun Valley Gold LLC: 25,061,857

Palmedo Holdings LLLP: 25,061,857

Peter F. Palmedo: 25,061,857

Sun Valley Gold Master Fund, Ltd.: 15,861,103

     
  (b) Percent of class:
     
   

Sun Valley Gold LLC: 11.1%

Palmedo Holdings LLLP: 11.1%

Peter F. Palmedo: 11.1%

Sun Valley Gold Master Fund, Ltd.: 7.0%

     
  (c) Number of shares as to which the person has:

 

    (i) Sole power to vote or to direct the vote    
         
     

Sun Valley Gold LLC: 0

Palmedo Holdings LLLP: 0

Peter F. Palmedo: 0

Sun Valley Gold Master Fund, Ltd.: 0

 
         
    (ii) Shared power to vote or to direct the vote    
         
     

Sun Valley Gold LLC: 25,061,857

Palmedo Holdings LLLP: 25,061,857

Peter F. Palmedo: 25,061,857

Sun Valley Gold Master Fund, Ltd.: 15,861,103

 
         
    (iii) Sole power to dispose or to direct the disposition of    
         
     

Sun Valley Gold LLC: 0

Palmedo Holdings LLLP: 0

Peter F. Palmedo: 0

Sun Valley Gold Master Fund, Ltd.: 0

 
         
    (iv) Shared power to dispose or to direct the disposition of    
         
     

Sun Valley Gold LLC: 25,061,857

Palmedo Holdings LLLP: 25,061,857s

Peter F. Palmedo: 25,061,857

Sun Valley Gold Master Fund, Ltd.: 15,861,103

 
 
 

 

  Instruction:  For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).
   
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 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.
   
  If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified.  A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
   
  N/A
   
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
   
 

If a parent holding company or control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.

 

  N/A
   
Item 8. Identification and Classification of Members of the Group.
   
 

If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identity of each member of the group.

 

  N/A
   
Item 9. Notice of Dissolution of Group.
   
 

Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.

 

  N/A
   
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.

 

 

 

 
 

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.

 

  February 13, 2020
  (Date)
   
   
  Sun Valley Gold LLC*
   
  By:  /s/ Peter F. Palmedo
  Name:  Peter F. Palmedo
  Title:  Managing Member
   
   
  Palmedo Holdings LLLP*
   
  By:  /s/ Peter F. Palmedo
  Name:  Peter F. Palmedo
  Title:  General Partner
   
   
  /s/ Peter F. Palmedo*
  Name:  Peter F. Palmedo
   
   
  Sun Valley Gold Master Fund, Ltd.*
   
  By:  /s/ Peter F. Palmedo
  Name:  Peter F. Palmedo
  Title:  Director

 

 

* The Reporting Persons disclaim beneficial ownership except to the extent of their pecuniary interests therein.

 
 

EXHIBIT A

 

AGREEMENT

 

 

The undersigned agree that this Schedule 13G, Amendment No. 6, dated February 13, 2020 relating to the Common Shares, no par value of Asanko Gold Inc. shall be filed on behalf of the undersigned.

 

 

  Sun Valley Gold LLC
   
  By:  /s/ Peter F. Palmedo
  Name:  Peter F. Palmedo
  Title:  Managing Member
   
   
  Palmedo Holdings LLLP
   
  By:  /s/ Peter F. Palmedo
  Name:  Peter F. Palmedo
  Title:  General Partner
   
   
  /s/ Peter F. Palmedo
  Name:  Peter F. Palmedo
   
   
  Sun Valley Gold Master Fund, Ltd.
   
  By:  /s/ Peter F. Palmedo
  Name:  Peter F. Palmedo
  Title:  Director