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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(RULE 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
(Amendment No. 2)
RIO ALGOM LIMITED
(Name of Issuer)
Common Shares
(Title of Class of Securities)
766889109
(CUSIP Number)
Kevin N. Thompson
Vice-President, Secretary and General Counsel
Noranda Inc.
P.O. Box 755, BCE Place, 181 Bay Street, Suite 4100
Toronto, Ontario M5J 2T3
(416) 982-7475
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
July 18, 2000
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition that is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [ ].
(Continued on following pages)
(Page 1 of 7 Pages)
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CUSIP No. 766889109 13D Page 2 of 7 Pages
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<TABLE>
<CAPTION>
<S> <C>
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
NORANDA INC.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
NOT APPLICABLE (b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
ONTARIO, CANADA
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7 SOLE VOTING POWER
NUMBER OF 4,992,808
SHARES -------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY NOT APPLICABLE
EACH -------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH 4,992,808
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10 SHARED DISPOSITIVE POWER
NOT APPLICABLE
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,992,808
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
NOT APPLICABLE [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.2%
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14 TYPE OF REPORTING PERSON
CO
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</TABLE>
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CUSIP No. 766889109 13D Page 3 of 7 Pages
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<TABLE>
<CAPTION>
<S> <C>
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
BRASCAN CORPORATION
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
NOT APPLICABLE
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
NOT APPLICABLE
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e) [ ]
NOT APPLICABLE
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
ONTARIO, CANADA
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7 SOLE VOTING POWER
NUMBER OF NOT APPLICABLE
SHARES -------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY NOT APPLICABLE
EACH -------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH NOT APPLICABLE
-------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
NOT APPLICABLE
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,992,808 SHARES HELD INDIRECTLY THROUGH ITS INTEREST IN ITS AFFILIATE, NORANDA INC.
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
NOT APPLICABLE
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.2%
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14 TYPE OF REPORTING PERSON
CO
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</TABLE>
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CUSIP No. 766889109 13D Page 4 of 7 Pages
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<TABLE>
<CAPTION>
<S> <C>
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
EDPERPARTNERS LIMITED
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
NOT APPLICABLE
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
NOT APPLICABLE
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e) [ ]
NOT APPLICABLE
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
ONTARIO, CANADA
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7 SOLE VOTING POWER
NUMBER OF NOT APPLICABLE
SHARES -------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY NOT APPLICABLE
EACH -------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH NOT APPLICABLE
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10 SHARED DISPOSITIVE POWER
NOT APPLICABLE
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,992,808 SHARES HELD INDIRECTLY THROUGH ITS INTEREST IN ITS AFFILIATE, NORANDA INC.
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
NOT APPLICABLE
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.2%
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14 TYPE OF REPORTING PERSON
CO
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</TABLE>
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CUSIP No. 766889109 13D Page 5 of 7 Pages
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This Amendment No. 2 to Schedule 13D, which was originally filed on
April 24, 2000 (the "Original Schedule 13D") and amended on June 23, 2000
("Amendment No. 1"), relating to the Common Shares of Rio Algom Limited ("Rio
Algom"), a corporation incorporated under the laws of the Province of Ontario,
Canada, is being filed by Noranda Inc. ("Noranda"), Brascan Corporation
("Brascan"), and EdperPartners Limited ("EdperPartners"), with Noranda, Brascan
and EdperPartners being sometimes referred to hereinafter as the "Reporting
Persons." Except as set forth in this Amendment No. 2, the information contained
in the Original Schedule 13D, as amended by Amendment No. 1, has not changed.
All dollar amounts shown in this Amendment No. 2 are in Canadian dollars.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The total amount of funds used by Noranda to purchase the Common Shares
of Rio Algom listed in Item 5(c) of this Amendment No. 2 was approximately $12.9
million. Noranda obtained such funds through the issuance of commercial paper.
The notes mature within 365 days from the date of issuance. Noranda maintains
unused committed term credit facilities and cash in amounts sufficient to meet
payment at maturity of the aggregate principal amount and accrued interest on
all outstanding notes.
<PAGE> 6
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CUSIP No. 766889109 13D Page 6 of 7 Pages
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ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) Noranda owns 4,992,808 Common Shares of Rio Algom, representing
approximately 8.2% of the outstanding Common Shares of Rio Algom (based upon
the 60,625,924 Common Shares reported as outstanding by Rio Algom in its Annual
Report for its fiscal year ended December 31, 1999). Brascan and EdperPartners
do not directly own any Common Shares of Rio Algom, but may be deemed to
beneficially own the Common Shares of Rio Algom held by Noranda.
(b) Noranda has the sole power to direct the vote and sole power to
direct the disposition of all the Common Shares of Rio Algom held by it. The
other Reporting Persons have the indirect power to direct the vote and to
direct the disposition of the Common Shares of Rio Algom held by Noranda
through their respective direct and/or indirect interests in Noranda.
(c) Since the date of Amendment No. 1, Noranda made the following
purchases of Common shares of Rio Algom: 16,100 shares on June 29, 2000 at
$17.30 per share; 245,500 shares on July 11, 2000 at $17.411 per share; 198,700
shares on July 13, 2000 at $17.60 per share; 213,608 shares on July 18, 2000 at
$17.428 per share; and 63,800 shares on July 20, 2000 at $17.151 per share.
Noranda made each of these purchases from a broker.
(d) Not applicable.
(e) Not applicable.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
99.1 Schedule of Directors and Executive Officers of the Reporting
Persons (incorporated by reference to Exhibit 99.1 to Amendment
No. 1)
99.2 Joint Filing Agreement Required by Rule 13d-1(k)(incorporated by
reference to Exhibit 99.2 to the Original Schedule 13D)
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SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.
July 20, 2000 NORANDA INC.
By: /s/ AARON W. REGENT
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Name: Aaron W. Regent
Title: Executive Vice-President,
Chief Financial Officer
EDPERPARTNERS LIMITED
By: /s/ DAVID W. KERR
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Name: David W. Kerr
Title: Co-Chief Executive
BRASCAN CORPORATION
By: /s/ JACK L. COCKWELL
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Name: Jack L. Cockwell
Title: President and Chief
Executive Officer
