3//SEC Filing
ALLIED GOLD LTD 3
Accession 0000912282-04-000032
CIK 0000843296other
Filed
Jan 25, 7:00 PM ET
Accepted
Jan 26, 5:27 PM ET
Size
5.2 KB
Accession
0000912282-04-000032
Insider Transaction Report
Form 3
NORD PACIFIC LIMITEDNORPF.PK
ALLIED GOLD LTD
10% Owner
Holdings
Series A Convertible Note due December 31, 2005
Exercise: $0.05From: 2004-01-14Exp: 2005-12-31→ Common Shares (10,552,940 underlying)
Footnotes (1)
- [F1]On December 20, 2003, Nord Pacific Limited ("Nord Pacific") entered into an arrangement agreement with Allied Gold Limited ("Allied Gold") under which Allied Gold will acquire all of the outstanding shares of Nord Pacific under a Plan of Arrangement. Concurrently, Nord Pacific and Allied Gold entered into a Credit Facility Agreement under which Allied Gold agreed to loan up to U.S. $5.4 million to Nord Pacific to fund capital requirements of joint ventures and to fund ongoing corporate costs. On January 14, 2004, Allied Gold subscribed U.S. $527,647 for a Series A convertible note pursuant to the credit facility agreement. The Series A note is convertible into shares of Nord Pacific Common Stock at a rate of U.S. $0.05 per share or 10,552,940 shares. Conversion may take place at Allied Gold's election by providing written notice to Nord Pacific any time prior to the convertible note's maturity date of December 31, 2005.
Documents
Issuer
NORD PACIFIC LIMITED
CIK 0000843296
Entity typeother
Related Parties
1- filerCIK 0001276581
Filing Metadata
- Form type
- 3
- Filed
- Jan 25, 7:00 PM ET
- Accepted
- Jan 26, 5:27 PM ET
- Size
- 5.2 KB