<PAGE> 1
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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)
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)
April 14, 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 8 Pages)
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<PAGE> 2
- ---------------------------- ------------------------------
CUSIP No. 766889109 13D Page 2 of 8 Pages
- ---------------------------- ------------------------------
<TABLE>
<CAPTION>
<S> <C>
- --------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
NORANDA INC.
- --------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
NOT APPLICABLE (b) [ ]
- --------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
- --------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
ONTARIO, CANADA
- --------------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 3,615,100
SHARES -------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY NOT APPLICABLE
EACH -------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH 3,615,100
-------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
NOT APPLICABLE
- --------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,615,100
- --------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
NOT APPLICABLE [ ]
- --------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.0%
- --------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 3
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CUSIP No. 766889109 13D Page 3 of 8 Pages
- ---------------------------- ------------------------------
<TABLE>
<CAPTION>
<S> <C>
- --------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
EDPERBRASCAN CORPORATION
- --------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
NOT APPLICABLE
- --------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
NOT APPLICABLE
- --------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e) [ ]
NOT APPLICABLE
- --------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
ONTARIO, CANADA
- --------------------------------------------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,615,100 SHARES HELD INDIRECTLY THROUGH ITS INTEREST IN ITS AFFILIATE, NORANDA INC.
- --------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
NOT APPLICABLE
- -------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.0%
- --------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 4
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CUSIP No. 766889109 13D Page 4 of 8 Pages
- ---------------------------- ------------------------------
<TABLE>
<CAPTION>
<S> <C>
- --------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
EDPERPARTNERS LIMITED
- --------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
NOT APPLICABLE
- --------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
NOT APPLICABLE
- --------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e) [ ]
NOT APPLICABLE
- --------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
ONTARIO, CANADA
- --------------------------------------------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,615,100 SHARES HELD INDIRECTLY THROUGH ITS INTEREST IN ITS AFFILIATE, NORANDA INC.
- --------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
NOT APPLICABLE
- --------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.0%
- --------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 5
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CUSIP No. 766889109 13D Page 5 of 8 Pages
- ---------------------------- ------------------------------
ITEM 1. SECURITY AND ISSUER.
This Schedule 13D relates to the Common Shares of Rio Algom Limited
("Rio Algom"), a corporation incorporated under the laws of the Province of
Ontario, Canada, with its principal executive offices located at 120 Adelaide
Street West, Suite 2600, Toronto, Ontario M5H 1W5.
ITEM 2. IDENTITY AND BACKGROUND.
This Schedule 13D is being filed by Noranda Inc. ("Noranda"),
EdperBrascan Corporation ("EdperBrascan") and EdperPartners Limited
("EdperPartners"), with Noranda, EdperBrascan and EdperPartners being sometimes
referred to hereinafter as the "Reporting Persons."
Noranda is a corporation incorporated under the laws of the Province of
Ontario, Canada. Noranda is a leading international mining and metals company
and its common shares are listed on The Toronto Stock Exchange. Noranda's
principal address and business address is P.O. Box 755, Suite 4100, BCE Place,
181 Bay Street, Toronto, Ontario, M5J 2T3.
EdperBrascan is a corporation incorporated under the laws of the
Province of Ontario, Canada. EdperBrascan is a natural resources, energy and
property company that is listed on the Toronto and American Stock Exchanges.
EdperBrascan's principal address and business address is Suite 4400, BCE Place,
181 Bay Street, Toronto, Ontario, M5J 2T3.
EdperPartners is a corporation incorporated under the laws of the
Province of Ontario, Canada. EdperPartners is a private holding company.
EdperPartners' principal address and business address is P.O. Box 770, Suite
4400, BCE Place, 181 Bay Street, Toronto, Ontario, M5J 2T3.
EdperBrascan and associated companies own approximately 40% of the
outstanding common shares of Noranda. EdperPartners holds a 100% interest in the
Class B Limited Voting Shares, and an approximate 10% interest in the Class A
Limited Voting Shares, of EdperBrascan. The common shares of EdperPartners are
owned directly or indirectly by a number of individuals including the following
individuals who are also directors and/or executive officers of Noranda: Jack L.
Cockwell, J. Trevor Eyton, Robert J. Harding, David W. Kerr, Dave Goldman,
George E. Myhal and Martin Schady.
The name, citizenship, present position with the Reporting Persons,
present principal occupation and business address of each of the directors and
executive officers of the Reporting Persons are set forth in Exhibit 99.1
hereto, which exhibit is hereby incorporated by reference into this Schedule
13D.
None of the Reporting Persons or the persons listed in Exhibit 99.1 has
during the last five years been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors) or was or is subject to a judgment,
decree or final order enjoining future violations of, or prohibiting or
mandating activity subject to, the federal or state securities laws of the
United States or finding any violation with respect to such laws as a result of
a civil proceeding of a judicial or administrative body of competent
jurisdiction.
<PAGE> 6
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CUSIP No. 766889109 13D Page 6 of 8 Pages
- ---------------------------- ------------------------------
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 that give rise to the obligation to make this filing as listed in
Item 5(c) of this Schedule 13D was approximately $10.5 million. Noranda obtained
such funds from cash on hand.
ITEM 4. PURPOSE OF TRANSACTION.
Noranda currently holds its interest in Rio Algom for investment
purposes.
Noranda and Rio Algom each own a 33.75% interest in Compania Minera
Antamina, S.A., a company established to develop the Antamina copper/zinc mine
in northern Peru, one of the world's largest undeveloped copper-zinc ore
bodies.
Except as set forth in this Schedule 13D, none of the Reporting Persons
nor, to the best knowledge of the Reporting Persons, any of their respective
directors, executive officers or controlling persons has any current plan or
proposal which relates to or would result in: (a) the acquisition by any person
of additional securities of Rio Algom (other than the acquisition by Noranda of
a number of Common Shares of Rio Algom not material in amount), or the
disposition of securities of Rio Algom; (b) an extraordinary corporate
transaction, such as a merger, reorganization or liquidation, involving Rio
Algom or any of its subsidiaries; (c) a sale or transfer of a material amount
of assets of Rio Algom or any of its subsidiaries; (d) any change in the present
board of directors or management of Rio Algom, including any plans or proposals
to change the number or term of directors or to fill any existing vacancies on
the board; (e) any material change in the present capitalization or dividend
policy of Rio Algom; (f) any other material change in the business or corporate
structure of Rio Algom; (g) changes in Rio Algom's charter, bylaws or
instruments corresponding thereto or other actions which may impede the
acquisition of control of Rio Algom by any person; (h) causing a class of
securities of Rio Algom to be delisted from a national securities exchange or
to cease to be authorized to be quoted in an inter-dealer quotation system of a
registered national securities association; (i) a class of equity securities of
Rio Algom becoming eligible for termination of registration pursuant to Section
12(g)(4) of the Securities Exchange Act of 1934, as amended; or (j) any action
similar to any of those enumerated above.
Noranda intends to continuously review its investment in Rio Algom.
Noranda may at any time in the future determine to change its investment intent
with respect to Rio Algom, and Noranda may determine to acquire additional
securities of Rio Algom, through open market purchases, private agreements,
tender offer or otherwise, dispose of all or a portion of the Common Shares of
Rio Algom owned by it, or take any other available course of action, which could
involve one or more of the types of transactions or have one or more of the
results described in the immediately preceding paragraph. In reaching any
conclusion as to its future course of action, Noranda will take into
consideration various factors, such as Rio Algom's business and prospects, other
developments concerning Rio Algom, other business opportunities available to
Noranda, and general economic and stock market conditions, including, but not
limited to, the market price of the Common Shares of Rio Algom. Noranda
specifically reserves the right, based on all relevant factors, to acquire
additional Common Shares of Rio Algom, through open market purchases, private
agreements, tender offer or otherwise, to dispose of all or a portion of the
Common Shares of Rio Algom owned by it, or to change its intention with respect
to any or all of the matters referred to in the immediately preceding paragraph.
<PAGE> 7
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CUSIP No. 766889109 13D Page 7 of 8 Pages
- ---------------------------- ------------------------------
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) Noranda owns 3,615,100 Common Shares of Rio Algom, representing
approximately 6.0% 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). EdperBrascan 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. None
of the persons listed in Exhibit 99.1 has any direct or indirect interest in
Rio Algom as of the date of this Schedule 13D, other than Mr. Saul Shulman who
may be deemed to beneficially own 1,000 Common Shares of Rio Algom held in his
wife's name.
(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) During the 60 days prior to the filing date of this Schedule 13D,
Noranda made the following purchases of Common shares of Rio Algom: 397,200
shares on April 14, 2000 at $15.987 per share; 83,500 shares on April 17, 2000
at $15.964 per share; 9,800 shares on April 18, 2000 at $16.00 per share;
47,800 shares on April 19, 2000 at $17.111 per share; 25,300 shares on April 20,
2000 at $17.374 per share; and 81,500 shares on April 24, 2000 at $17.325 per
share. Noranda made each of these purchases from a broker. Mr. Saul Shulman, a
director of EdperBrascan, may be deemed to have purchased the 1,000 Common
Shares of Rio Algom purchased (in the open market) for an account held in his
wife's name on March 23, 2000 for $19.00 per share.
(d) Not applicable.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
Not Applicable.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
99.1 Schedule of Directors and Executive Officers of the Reporting
Persons
99.2 Joint Filing Agreement Required by Rule 13d-1(k)
<PAGE> 8
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.
April 24, 2000 NORANDA INC.
By: /s/ MARTIN G.R. SCHADY
-----------------------------
Name: Martin G.R. Schady
Title: Senior Vice-President,
Chief Financial Officer
EDPERPARTNERS LIMITED
By: /s/ DAVID W. KERR
------------------------------
Name: David W. Kerr
Title: Co-Chief Executive
EDPERBRASCAN CORPORATION
By: /s/ ROBERT J. HARDING
-----------------------------
Name: Robert J. Harding
Title: Chairman
<PAGE> 9
EXHIBIT 99.1
<TABLE>
<CAPTION>
EDPERPARTNERS LIMITED
- ---------------------
PRINCIPAL BUSINESS BUSINESS ADDRESS
POSITION WITH (OR RESIDENCE
CORPORATION; PRINCIPAL ADDRESS IF NO BUSINESS
NAME; CITIZENSHIP OCCUPATION, IF DIFFERENT ADDRESS AVAILABLE)
- ----------------- ------------------------ ------------------
<S> <C> <C>
Gordon E. Arnell Director of EdperPartners P.O. Box 770
Canadian Limited; Chairman of Suite 4440, BCE Place
Brookfield Properties 181 Bay Street
Corporation Toronto, Ontario
M5J 2T3
Jack L. Cockwell Director and Co-Chief P.O. Box 762
Canadian Executive of EdperPartners Suite 4400, BCE Place
Limited; President and Chief 181 Bay Street
Executive Officer of Toronto, Ontario
EdperBrascan Corporation M5J 2T3
J. Trevor Eyton Director of EdperPartners P.O. Box 762
Canadian Limited; Director of Suite 4400, BCE Place
EdperBrascan Corporation 181 Bay Street
Toronto, Ontario
M5J 2T3
J. Bruce Flatt Director of EdperPartners P.O. Box 770
Canadian Limited; President and Chief Suite 4440, BCE Place
Executive Officer of 181 Bay Street
Brookfield Properties Toronto, Ontario
Corporation M5J 2T3
Robert J. Harding Director of EdperPartners P.O. Box 762
Canadian Limited; Chairman of Suite 4400, BCE Place
EdperBrascan Corporation 181 Bay Street
Toronto, Ontario
M5J 2T3
</TABLE>
<PAGE> 10
<TABLE>
<S> <C> <C>
David W. Kerr Director and Co-Chief P.O. Box 755
Canadian Executive of EdperPartners Suite 4100, BCE Place
Limited; President and Chief 181 Bay Street
Executive Officer of Noranda Toronto, Ontario
Inc. M5J 2T3
Brian D. Lawson Director and Secretary- P.O. Box 762
Canadian Treasurer of EdperPartners Suite 4400, BCE Place
Limited; Managing Partner, 181 Bay Street
Merchant Banking of Trilon Toronto, Ontario
Financial Corporation M5J 2T3
George E. Myhal Director of EdperPartners P.O. Box 762
Canadian Limited; President and Chief Suite 4400, BCE Place
Executive Officer of Trilon 181 Bay Street
Financial Corporation Toronto, Ontario
M5J 2T3
Timothy R. Price Director and President of P.O. Box 771
Canadian EdperPartners Limited; Suite 4420, BCE Place
Chairman of Trilon Financial 181 Bay Street
Corporation Toronto, Ontario
M5J 2T3
</TABLE>
<PAGE> 11
<TABLE>
<CAPTION>
NORANDA INC.
- ------------
PRINCIPAL BUSINESS BUSINESS ADDRESS
POSITION WITH (OR RESIDENCE
CORPORATION; PRINCIPAL ADDRESS IF NO BUSINESS
NAME; CITIZENSHIP OCCUPATION, IF DIFFERENT ADDRESS AVAILABLE)
- ----------------- ------------------------ ------------------
<S> <C> <C>
Alex G. Balogh Director; non-executive P.O. Box 755
Canadian Deputy Chairman of Noranda Suite 4100, BCE Place
Inc. 181 Bay Street
Toronto, Ontario
M5J 2T3
Andre Berard Director of Noranda Inc.; 600 rue de La Gauchetiere Ouest
Canadian Chairman of the Board and 4th Floor
Chief Executive Officer of Montreal, Quebec
National Bank of Canada H3B 4L2
(banking)
David L. Bumstead Director of Noranda Inc.; P.O. Box 755
Canadian Executive Vice-President, Suite 4100, BCE Place
Corporate Development of 181 Bay Street
Noranda Inc. Toronto, Ontario
M5J 2T3
Jack L. Cockwell Director of Noranda Inc.; P.O. Box 762
Canadian President and Chief Executive Suite 4400, BCE Place
Officer of EdperBrascan 181 Bay Street
Corporation Toronto, Ontario
M5J 2T3
V. Maureen Kempston Darkes Director of Noranda Inc.; 1908 Colonel Sam Drive
Canadian President and General Oshawa, Ontario
Manager of General Motors of L1H 8P7
Canada Limited (international
motor vehicle manufacturer)
Rene Dufour Director of Noranda Inc.; Ecole Polytechnique
Canadian Corporate Director 2900 Edouard-Montpetit
P.O. Box 6079
Station Centre Ville
Montreal, Quebec
H3C 3A7
</TABLE>
<PAGE> 12
<TABLE>
<S> <C> <C>
J. Trevor Eyton Director of Noranda Inc.; P.O. Box 762
Canadian Director, EdperBrascan Suite 4400, BCE Place
Corporation; Member of the 181 Bay Street
Senate of Canada Toronto, Ontario
M5J 2T3
A.L. (Al) Flood Director of Noranda Inc.; 26th Floor
Canadian Chairman, Executive Commerce Court North
Committee of the Canadian Toronto, Ontario
Imperial Bank of Commerce M5L 1A2
(banking)
Robert J. Harding Director of Noranda Inc.; P.O. Box 762
Canadian Chairman of EdperBrascan Suite 4440, BCE Place
Corporation 181 Bay Street
Toronto, Ontario
M5J 2T3
David W. Kerr Director of Noranda Inc.; P.O. Box 755
Canadian President and Chief Executive Suite 4100, BCE Place
Officer of Noranda Inc. 181 Bay Street
Toronto, Ontario
M5J 2T3
James W. McCutcheon Director of Noranda Inc.; Toronto-Dominion Bank Tower
Canadian Counsel, McCarthy Tetrault Toronto-Dominion Centre
(law firm) Toronto, Ontario
M5K 1E6
Frank J. McKenna Director of Noranda Inc.; Moncton Place
Canadian Counsel, McInnes Cooper 655 Main Street
(law firm) Moncton, New Brunswick
E1C 8T6
George E. Myhal Director of Noranda Inc.; P.O. Box 771
Canadian President & Chief Executive Suite 4420,
Officer of Trilon Financial BCE Place
Corporation (financial 181 Bay Street,
services) Toronto, Ontario
M5J 2T3
</TABLE>
<PAGE> 13
<TABLE>
<S> <C> <C>
Barbara J. Rae Director of Noranda Inc.; 3-2206 Folkestone Way
Canadian Corporate Director West Vancouver,
British Columbia
V7S 2X7
Rick J. Anderson Senior Vice-President, P.O. Box 755
Canadian Controller of Noranda Inc. Suite 4100, BCE Place
181 Bay Street
Toronto, Ontario
M5J 2T3
David Goldman Executive Vice-President and P.O. Box 755
Canadian Chief Operating Officer of Suite 4100, BCE Place
Noranda Inc. 181 Bay Street
Toronto, Ontario
M5J 2T3
George Jones Senior Vice-President, Zinc of P.O. Box 755
Canadian Noranda Inc. Suite 4100, BCE Place
181 Bay Street
Toronto, Ontario
M5J 2T3
Michael J. Knuckey Executive Vice-President, P.O. Box 755
Canadian Exploration and Project Suite 4100, BCE Place
Development of Noranda Inc. 181 Bay Street
Toronto, Ontario
M5J 2T3
Yvon Paquin Senior Vice-President, Copper P.O. Box 755
Canadian of Noranda Inc. Suite 4100, BCE Place
181 Bay Street
Toronto, Ontario
M5J 2T3
Kathy Rethy Senior Vice-President, Shared P.O. Box 755
Canadian Business Services of Noranda Suite 4100, BCE Place
Inc. 181 Bay Street
Toronto, Ontario
M5J 2T3
</TABLE>
<PAGE> 14
<TABLE>
<S> <C> <C>
David Rodier Senior Vice-President, P.O. Box 755
Canadian Environment, Safety and Suite 4100, BCE Place
Health of Noranda Inc. 181 Bay Street
Toronto, Ontario
M5J 2T3
Martin G.R. Schady Senior Vice-President and P.O. Box 755
Canadian Chief Financial Officer of Suite 4100, BCE Place
Noranda Inc. 181 Bay Street
Toronto, Ontario
M5J 2T3
Robert Sippel Senior Vice-President, P.O. Box 755
Canadian Recycling of Noranda Inc. Suite 4100, BCE Place
181 Bay Street
Toronto, Ontario
M5J 2T3
Kevin N. Thompson Vice-President, Secretary and P.O. Box 755
Canadian General Counsel of Noranda Suite 4100, BCE Place
Inc. 181 Bay Street
Toronto, Ontario
M5J 2T3
Lance S. Tigert Senior Vice-President, Project P.O. Box 755
Canadian Development of Noranda Inc. Suite 4100, BCE Place
181 Bay Street
Toronto, Ontario
M5J 2T3
</TABLE>
<PAGE> 15
<TABLE>
<CAPTION>
EDPERBRASCAN CORPORATION
- ------------------------
PRINCIPAL BUSINESS BUSINESS ADDRESS
POSITION WITH (OR RESIDENCE
CORPORATION; PRINCIPAL ADDRESS IF NO BUSINESS
NAME; CITIZENSHIP OCCUPATION, IF DIFFERENT ADDRESS AVAILABLE)
- ----------------- ------------------------ ------------------
<S> <C> <C>
Roberto P. Cezar de Andrade Director and Group Chairman, Ave. Epitacio Pessoa
Brazilian Brazilian Operations of 756, ap. 401
EdperBrascan Corporation; Ipanema
Chairman of Brascan Brazil 22471-000
Ltd. (diversified company, Rio de Janeiro, Brazil - RJ
with natural resource, real
estate and financial and
business service operations)
Hon. Conrad M. Black Director of EdperBrascan 10 Toronto Street
Canadian Corporation; Chairman and Toronto, Ontario
Chief Executive Officer of M5C 2B7
Hollinger Inc., Argus
Corporation Limited, Southam
Inc. and Hollinger
International Inc.; Chairman,
Telegraph Group Limited
(publishing companies)
James J. Blanchard Director of EdperBrascan 901-15th St. N.W.
American Corporation; Partner Verner, Washington, D.C.
Liipfert, Bernhard, McPherson U.S.A. 20005
and Hand (law firm)
Jack L. Cockwell Director, President and Chief P.O. Box 762
Canadian Executive Officer of Suite 4400,
EdperBrascan Corporation BCE Place
181 Bay Street
Toronto, Ontario
M5J 2T3
</TABLE>
<PAGE> 16
<TABLE>
<S> <C> <C>
J. Trevor Eyton Director of EdperBrascan P.O. Box 762
Canadian Corporation; Member of the Suite 4400, BCE Place
Senate of Canada 181 Bay Street
Toronto, Ontario
M5J 2T3
Julia E. Foster Director of EdperBrascan 89 Old Forest Hill Road
Canadian Corporation; Corporate Toronto, Ontario
Director M5P 2R6
James K. Gray Director of EdperBrascan Ste. 2800, 605 - 5th Ave. S.W.
Canadian Corporation; Chairman, Calgary, Alberta
Canadian Hunter Exploration T2P 3H5
Ltd. (a natural gas exploration
and production company)
Lynda C. Hamilton Director of EdperBrascan P.O. Box 770
Canadian Corporation; President, Edper Suite 4440, BCE Place
Investments Limited 181 Bay Street
(investment company) Toronto, Ontario
M5J 2T3
Robert J. Harding Director and Chairman of P.O. Box 762
Canadian EdperBrascan Corporation Suite 4400, BCE Place
181 Bay Street
Toronto, Ontario
M5J 2T3
Patrick J. Keenan Director of EdperBrascan 120 Adelaide Street West
Canadian Corporation; Chairman and Suite 2150
Chief Executive Officer, Toronto, Ontario
Keewhit Investments Limited M5H 1T1
(investment company)
David W. Kerr Director and Group Chairman, P.O. Box 755
Canadian Natural Resource Operations Suite 4100, BCE Place
of EdperBrascan Corporation; 181 Bay Street
President and Chief Executive Toronto, Ontario
Officer of Noranda Inc. M5J 2T3
</TABLE>
<PAGE> 17
<TABLE>
<S> <C> <C>
Allen T. Lambert Director and Group Chairman, Suite 4400, BCE Place
Canadian Financial Services Operations 181 Bay Street
of EdperBrascan Corporation Toronto, Ontario
M5J 2T3
Philip B. Lind Director of EdperBrascan 33 Bloor St. East
Canadian Corporation; Vice Chairman, 10th Floor
Rogers Communications Inc. Suite 6400
(diversified communications Toronto, Ontario
company) M4W 1G9
Michael F. B. Nesbitt Director of EdperBrascan Suite 1110
Canadian Corporation; President and 200 Graham Avenue
Chief Executive Officer of Winnipeg, Manitoba
Montrose Investment Co. Ltd. R3C 4L5
(investment company)
Saul Shulman Director of EdperBrascan Suite 2300
Canadian Corporation; Senior Partner, 200 King Street West
Goodman and Carr (law firm) Toronto, Ontario
M5H 3W5
George S. Taylor Director of EdperBrascan 4675 Line 3
Canadian Corporation; Corporate St. Marys, Ontario
Director; Director of Great N4X 1C6
Lakes Power Inc.
(power generation company)
Edward C. Kress Executive Vice-President of Suite 4400, BCE Place
Canadian EdperBrascan Corporation; 181 Bay Street
President and Chief Executive Toronto, Ontario
Officer, Great Lakes Power M5J 2T3
Inc.
Aaron W. Regent Senior Vice-President, Suite 4400, BCE Place
Canadian Corporate Development of 181 Bay Street
EdperBrascan Corporation; Toronto, Ontario
President and Chief Executive M5J 2T3
Officer, Trilon Securities
Corporation
</TABLE>
<PAGE> 18
<TABLE>
<S> <C> <C>
Alan V. Dean Senior Vice-President, Public Suite 4400, BCE Place
Canadian and Corporate Affairs and 181 Bay Street
Secretary of EdperBrascan Toronto, Ontario
Corporation M5J 2T3
Harry A. Goldgut Senior Vice-President and Suite 4400, BCE Place
Canadian General Counsel of 181 Bay Street
EdperBrascan Corporation Toronto, Ontario
M5J 2T3
Trevor D. Kerr Vice-President and Treasurer Suite 4400, BCE Place
Canadian of EdperBrascan Corporation 181 Bay Street
Toronto, Ontario
M5J 2T3
Craig J. Laurie Vice-President and Controller Suite 4400, BCE Place
Canadian of EdperBrascan Corporation 181 Bay Street
Toronto, Ontario
M5J 2T3
Richard Legault Vice-President, Suite 4400, BCE Place
Canadian Finance of 181 Bay Street
EdperBrascan Corporation Toronto, Ontario
M5J 2T3
</TABLE>
<PAGE> 19
EXHIBIT 99.2
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) of Regulation 13D-G of the Securities
Exchange Act of 1934, as amended, the entities listed below agree to the joint
filing on behalf of each of them of this Statement on Schedule 13D (including
any and all amendments thereto) with respect to the Common Shares of Rio Algom
Limited, and further agree that this Joint Filing Agreement may be included as
an exhibit to such joint filings. In evidence thereof the undersigned, being
duly authorized, hereby execute this Joint Filing Agreement on this April 24,
2000.
NORANDA INC.
By: /s/ MARTIN G.R. SCHADY
--------------------------------
Name: Martin G.R. Schady
Title: Senior Vice-President,
Chief Financial Officer
EDPERPARTNERS LIMITED
By: /s/ DAVID W. KERR
---------------------------------
Name: David W. Kerr
Title: Co-Chief Executive
EDPERBRASCAN CORPORATION
By: /s/ ROBERT J. HARDING
--------------------------------
Name: Robert J. Harding
Title: Chairman
