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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(RULE 13d-101)
(AMENDMENT NO. 7)/1/
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND
AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
Nord Resources Corporation
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(Name of Issuer)
Common Stock, Par Value $.01 Per Share
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(Title of Class of Securities)
655555100
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(CUSIP Number)
William A. McCormack
Hughes & Luce, L.L.P.
1717 Main Street, Suite 2800
Dallas, Texas 75201
(214) 939-5500
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 2, 1998
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(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 which 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 [_].
Note: Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 5 Pages)
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/1/ 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 disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purposes 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).
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CUSIP NO. 655555100 13D PAGE 2 OF 5 PAGES
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NAME OF REPORTING PERSON
1 IRS. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Jean-Raymond Boulle (foreign person -
no IRS identification number issued)
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
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SEC USE ONLY
3
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SOURCE OF FUNDS*
4
N/A
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e)
5 [_]
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CITIZENSHIP OR PLACE OF ORGANIZATION
6
British
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SOLE VOTING POWER
7
NUMBER OF
-0-
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 6,862,800
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EACH SOLE DISPOSITIVE POWER
9
REPORTING
-0-
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
6,862,800
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
6,862,800
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12 [_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
31.3%
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TYPE OF REPORTING PERSON*
14
IN
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Page 2 of 5
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CUSIP NO. 655555100 13D PAGE 3 OF 5 PAGES
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NAME OF REPORTING PERSON
1 IRS. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
MIL (Investments) S.A. (foreign person -
no IRS identification number issued)
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
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SEC USE ONLY
3
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SOURCE OF FUNDS*
4
N/A
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e)
5 [_]
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CITIZENSHIP OR PLACE OF ORGANIZATION
6
Luxembourg
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SOLE VOTING POWER
7
NUMBER OF
-0-
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 6,862,800
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
-0-
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
6,862,800
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
6,862,800
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12 [_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
31.3%
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TYPE OF REPORTING PERSON*
14
CO
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Page 3 of 5
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This Amendment No. 6 (this "Amendment") to the Schedule 13D filed on April
25, 1996, as amended by Amendment No. 1 thereto filed on July 11, 1996, as
further amended by Amendment No. 2 thereto filed on October 25, 1996, Amendment
No. 3 thereto filed on December 4, 1996, Amendment No. 4 thereto filed on June
10, 1998, Amendment No. 5 thereto filed on July 9, 1998, and Amendment 6 thereto
filed on December 1, 1998 (as amended, the "Schedule 13D") on behalf of MIL
(Investments) S.A., a Luxembourg corporation ("MIL"), and Mr. Jean-Raymond
Boulle, a British citizen with a residential address at Seaside Plaza, Batiment
C, 6 avenue des Ligures, MC-98000 Monaco, relates to the common stock, par value
$.01 per share, of Nord Resources Corporation, a Delaware corporation ("Nord"),
and is being filed pursuant to Rule 13d-2 under the Securities Exchange Act of
1934, as amended. Capitalized terms used but not otherwise defined herein shall
have the meanings ascribed to such terms in the Schedule 13D.
ITEM 4. PURPOSE OF TRANSACTION
MIL recently filed a derivative action on behalf of Nord against Nord Pacific
Limited, W. Pierce Carson, Edgar F. Cruft, Terence H. Lang and Hicor
Corporation. See Exhibit A.
SIGNATURES
After reasonable inquiry and to the best of their knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
Dated: December 10, 1998 MIL (INVESTMENTS) S.A.
By: /s/ Ekkehart Kessel
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Name: Ekkehart Kessel
Title: Administrateur
By: /s/ Edmond Van de Kelft
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Name: Edmond Van de Kelft
Title: Administrateur
/s/ Jean-Raymond Boulle
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JEAN-RAYMOND BOULLE
Page 4 of 5
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EXHIBIT A
Press Release
MIL INVESTMENTS, S.A.
Boulevard Royal 25B
L2449 Luxembourg
December 3, 1998
LEGAL ACTION COMMENCED AGAINST DIRECTORS AND OFFICERS OF NORD RESOURCES
CORPORATION
MIL Investments, S.A. ("MIL"), a significant shareholder of Nord Resources
Corporation (NYSE:NORD), yesterday commenced action in Dallas, Texas, on behalf
of Nord, against Nord Pacific Limited, W. Pierce Carson, Edgar F. Cruft,
Terrence H. Lang and Hicor Corporation (the "Defendants"). Nord is the
controlling shareholder of Nord Pacific Limited ("Nord Pacific"), a publicly
traded company listed on The Toronto Stock Exchange (TSE:NPF). Messrs. Carson,
Cruft and Lang are each directors and officers of both Nord and Nord Pacific.
The lawsuit is a derivative action, brought on behalf of Nord against its
directors and officers, and alleges that the defendants unlawfully directed
money from Nord to fund Nord Pacific at a time when those funds were desperately
needed by Nord. These activities are alleged to constitute conspiracy,
negligence and a breach of the fiduciary duty of the named Nord directors and
officers.
The action claims ordinary and punitive damages against the Defendants totaling
more than US$50 million. A jury trial has been requested.
Separately, in filings made with the U.S. Securities and Exchange Commission
this week, MIL has disclosed that it has made recent market purchases of Nord
shares. These purchases were made for investment purposes and reflect MIL's
belief in the underlying value of Nord's 50% interest in the Sierra Rutile
Limited joint venture. These purchases and the derivative action underscore
MIL's determination to protect both its investment and the investments of the
other Nord shareholders in the face of the actions taken by Nord's present
management.
Page 5 of 5
