SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
under the Securities Exchange Act of 1934
Petromet Resources Limited
(Name of Issuer)
Common Stock
(Title of Class of Securities)
716731104
(CUSIP Number)
December 31, 1999
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|X| Rule 13d-1(b)
|_| Rule 13d-1(c)
|_| Rule 13d-1(d)
* 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 the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose 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).
<PAGE>
CUSIP No. 716731104 13G Page 3 of 15 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
RT Investment Management Holdings Inc.
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION The jurisdiction of organization
is Canada (federally incorporated company)
________________________________________________________________________________
5. SOLE VOTING POWER
N/A
_______________________________________________________________
NUMBER OF 6. SHARED VOTING POWER
SHARES N/A
BENEFICIALLY _______________________________________________________________
OWNED BY EACH 7. SOLE DISPOSITIVE POWER
REPORTING N/A
PERSON WITH _______________________________________________________________
8. SHARED DISPOSITIVE POWER
N/A
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
N/A
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
N/A
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
Foreign Investment Adviser and Mutual Fund Dealer received SEC
no-action relief to file on Schedule 13G as a "Qualified Institutional
Investor"
________________________________________________________________________________
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Item 1(a) Name of Issuer:
Petromet Resources Limited
Item 1(b) Address of Issuer's Principal Executive Offices:
Petromet Resources Limited
350, 839 - 5th Avenue S.W.
Alberta, Calgary
Canada T2P 3C8
(403) 269-2627
Item 2(a) Name of Person Filing:
RT Investment Management Holdings Inc. ("RTIM")
Item 2(b) Address of Principal Business Office or, if None, Residence:
RT Investment Management Holdings Inc.
Royal Trust Tower, P.O. Box 97
77 King Street West, Suite 3900
Toronto, Ontario M5K 1G8
Item 2(c) Citizenship:
Canada
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
716731109
<PAGE>
Item 3. If this statement is filed pursuant to Rules 240.13d-1(b) or 240.13d-2
(b) or (c), check whether the person filing is a:
RT Investment Management Holdings Inc. is a Foreign Parent
Holding Company which received SEC no-action relief to file on
Schedule 13G as a Qualified Institutional Investor.
Item 4. Ownership.
(a) Amount beneficially owned:
N/A
(b) Percent of class:
N/A
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
N/A
(ii) Shared power to vote or to direct the vote
N/A
(iii) Sole power to dispose or to direct the disposition of
N/A
(iv) Shared power to dispose or to direct the disposition of
N/A
<PAGE>
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.
N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company.
N/A
Item 8. Identification and Classification of Members of the Group.
N/A
Item 9. Notice of Dissolution of Group.
N/A
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired and are held in the ordinary
course of business and were not acquired and are not held for the purpose of and
do not have the effect of changing or influencing the control of the issuer of
such securities and were not acquired and are not held in connection with or as
a participant in any transaction having such purpose or effect.
<PAGE>
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.
February 11, 2000
-----------------------------
(Date)
/s/ Jennifer Lederman
-----------------------------
(Signature)
Jennifer Lederman / Senior
Vice-President, Compliance,
RT Investment Management
Holdings Inc.
-----------------------------
(Name/Title)
