<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)
LOGAN INTERNATIONAL CORP.
________________________________________________________________________________
(Name of Issuer)
Common Stock, $0.01 Par Value
________________________________________________________________________________
(Title of Class of Securities)
54100P 10 0
________________________________________________________________________________
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ].
1
<PAGE> 2
CUSIP No. 54100P 10 0
1) Names of Reporting Persons/S.S. or I.R.S. Identification Nos. of Above
Persons
MERCER INTERNATIONAL INC.
2) Check the Appropriate Row if a Member of a Group
(a)_______________________________________________________________
(b)_______________________________________________________________
3) SEC Use Only______________________________________________________
4) Citizenship or Place of Organization STATE Of WASHINGTON
Number of (5) Sole Voting Power 2,529
Shares Bene-
ficially (6) Shared Voting Power NONE
Owned by
Each Reporting (7) Sole Dispositive Power 2,529
Person
With (8) Shared Dispositive Power NONE
9) Aggregate Amount Beneficially Owned by Each Reporting Person
2,529
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
_______________________________________________________________________
11) Percent of Class Represented by Amount in Row (9) <O.1%
12) Type of Reporting Person CO
2
<PAGE> 3
ITEM 1.
(a) NAME OF ISSUER: Logan International Corp.
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
400 Burrard Street, Suite 1250
Vancouver, British Columbia, Canada V6C 3A6
ITEM 2.
(a) NAME OF PERSON FILING: Mercer International Inc.
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
Brandschenke Strasse 64
8002 Zurich, Switzerland
(c) CITIZENSHIP: State of Washington
(d) TITLE OF CLASS OF SECURITIES: Common Stock
(e) CUSIP NUMBER: 54100P 10 0
ITEM 3. FILINGS PURSUANT TO RULE 13d-1(b) OR 13d-2(b)
Not applicable
ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned: 2,529 shares
(b) Percent of Class: <0.1%
(c) Number of Shares as to which Such Person has:
(i) sole power to vote or to direct the vote:
2,529
(ii) shared power to vote or to direct the vote:
None
(iii) sole power to dispose or to direct the
disposition of: 2,529
(iv) shared power to dispose or to direct the
disposition of: None
3
<PAGE> 4
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this Statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following [X].
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON
Not applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY
Not applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable
ITEM 10. CERTIFICATION
Not applicable
4
<PAGE> 5
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
July 9, 1996
-------------------------------
(Date)
MERCER INTERNATIONAL INC.
By: /s/ Michael J. Smith
-------------------------------
(Signature)
Michael J. Smith, Secretary
-------------------------------
(Name and Title)