Filing Details
- Accession Number:
- 0001144204-18-015381
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-03-16 21:31:30
- Reporting Period:
- 2018-03-14
- Accepted Time:
- 2018-03-16 21:31:30
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1311605 | Klondex Mines Ltd | KLDX | Gold And Silver Ores (1040) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1666617 | Waterton Mining Parallel Fund Offshore Master, Lp | Ugland House Grand Cayman E9 KY1 1104 | No | No | No | Yes | |
1733570 | Cheryl Brandon | Commerce Court West 199 Bay Street, Suite 5050 Toronto A6 M5L1E2 | No | No | No | Yes | |
1733572 | Isser Elishis | Commerce Court West 199 Bay Street, Suite 5050 Toronto A6 M5L 1E2 | No | No | No | Yes | |
1733575 | Kanwaljit Toor | Commerce Court West 199 Bay Street, Suite 5050 Toronto A6 M5L 1E2 | No | No | No | Yes | |
1733580 | J. Richard Wells | Commerce Court West 199 Bay Street, Suite 5050 Toronto A6 M5L 1E2 | No | No | No | Yes | |
1733612 | Kalman Schoor | Commerce Court West 199 Bay Street, Suite 5050 Toronto A6 M5L1E2 | No | No | No | Yes |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Shares, No Par Value ("Common Shares") | Acquisiton | 2018-03-14 | 20,350 | $1.50 | 7,181,888 | No | 4 | P | Direct | |
Common Shares | Acquisiton | 2018-03-14 | 20,350 | $1.50 | 9,792,583 | No | 4 | P | Indirect | See footnotes |
Common Shares | Acquisiton | 2018-03-14 | 71,936 | $1.49 | 7,253,824 | No | 4 | P | Direct | |
Common Shares | Acquisiton | 2018-03-14 | 71,937 | $1.49 | 9,864,520 | No | 4 | P | Indirect | See footnotes |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct | |
No | 4 | P | Indirect | See footnotes |
No | 4 | P | Direct | |
No | 4 | P | Indirect | See footnotes |
Footnotes
- On March 14, 2018, each of Waterton Mining Parallel Fund Offshore Master, LP, a Cayman Islands limited partnership ("Waterton Mining LP"), and Waterton Precious Metals Fund II Cayman, LP, a Cayman Islands limited partnership ("Waterton Fund II"), purchased 20,350 Common Shares at an average price of Cdn$1.94. Converted into USD using an exchange rate of Cdn$1.2944=US$1.00 as of March 14, 2018, the average price at which the Common Shares were purchased was US$1.50 per share.
- On March 14, 2018, Waterton Mining LP purchased 71,936 Common Shares at an average price of US$1.49 and Waterton Fund II purchased 71,937 Common Shares at an average price of US$1.49.
- In addition to Waterton Mining LP, this Form 4 is being jointly filed by Waterton Global Resource Management, Inc., an Ontario corporation ("WGRM Inc."), Waterton Mining Parallel Fund Offshore GP Corp., a Cayman Islands corporation ("Waterton Mining GP"), Waterton Nevada Splitter, LLC, a Nevada limited liability company ("Waterton Nevada"), Waterton Fund II, Waterton Global Resource Management, LP, a Cayman Islands limited partnership ("WGRM LP"), Waterton Global Resource Management Cayman Corp., a Cayman Islands corporation ("WGRM Corp."), Richard J. Wells ("Wells"), a Canadian citizen, Cheryl Brandon ("Brandon"), a Canadian citizen, Kanwaljit Toor ("Toor"), a Canadian citizen, Kalman Schoor ("Schoor"), a United States citizen, and Isser Elishis ("Elishis"), a United States citizen. See Remarks below.
- WGRM Inc. is the sole shareholder of Waterton Mining GP and also provides investment advisory services to Waterton Mining LP. Waterton Mining GP is the general partner of Waterton Mining LP. WGRM Inc. is the sole shareholder of WGRM Corp. and also provides investment advisory services to Waterton Fund II. WGRM Corp. is the general partner of WGRM LP. WGRM LP is the general partner of Waterton Fund II. Waterton Fund II is the holder of a majority of the outstanding membership interests of Waterton Nevada. Elishis is the sole manager of Waterton Nevada. Wells, Brandon, Toor, Schoor and Elishis are the shareholders of WGRM Inc.
- After giving effect to the transactions reported on this Form 4, Waterton Mining LP directly beneficially owns 7,253,824 Common Shares.
- Continued from footnote 5: The remaining 9,864,520 Common Shares reported on this Form 4 as being indirectly owned by Waterton Mining LP are owned as follows: Waterton Nevada directly beneficially owns 2,600,000 Common Shares (excluding the 5,000,000 Common Shares issuable upon the exercise of warrants to purchase Common Shares reported on Form 3). Waterton Fund II directly beneficially owns 7,264,520 Common Shares and indirectly owns the 2,600,000 Common Shares beneficially owned directly by Waterton Nevada (excluding the warrants referred to above). Waterton Mining GP indirectly beneficially owns 7,253,824 Common Shares. Each of WGRM LP and WGRM Corp. indirectly beneficially owns 9,864,520 Common Shares (excluding the warrants referred to above). Each of WGRM Inc., Wells, Brandon, Toor, Schoor and Elishis indirectly beneficially owns 17,118,344 Common Shares (excluding the warrants referred to above).
- Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of any securities covered by this statement. Each of Wells, Brandon, Toor, Schoor and Elishis disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.