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OMB APPROVAL
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UNITED STATES OMB Number: 0145
SECURITIES AND EXCHANGE COMMISSION Expires: October 31, 1994
Washington, D.C. 20549 Estimated average burden
hours per response......14.90
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SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1 )*
Rigel Energy Corporation
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(Name of Issuer)
Common Stock No Par Value
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(Title of Class of Securities)
76655L101
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(CUSIP Number)
Scott B. Bernstein, Esq., Caxton Corporation,
315 Enterprise Drive
Plainsboro, NJ 08536
(609) 936-2580
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
August 15, 1996
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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(b)(3) or (4), check the following box [].
Check the following box if a fee is being paid with the statement []. (A fee is
not required only if the reporting person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are
to be sent.
*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 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>
SCHEDULE 13D
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CUSIP NO. 76655L101 Page 2 of 7 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Caxton International Limited
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) []
(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
ITEMS 2(d) or 2(e)
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6 CITIZENSHIP OR PLACE OR ORGANIZATION
British Virgin Islands
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7 SOLE VOTING POWER
0
NUMBER OF ------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,031,294
EACH ------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 0
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,031,294
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,031,294
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* []
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.63%
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14 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
SCHEDULE 13D
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CUSIP NO. 76655L101 Page 3 of 7 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Overbrook Limited Partnership
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) []
(b) []
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)
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6 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware, United States of America
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7 SOLE VOTING POWER
0
NUMBER OF ------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 224,966
EACH ------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 0
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
224,966
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
224,966
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* []
- ------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.40%
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14 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
SCHEDULE 13D
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CUSIP NO. 76655L101 Page 4 of 7 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bruce S. Kovner
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) []
(b) []
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)
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6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
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7 SOLE VOTING POWER
1,691,231
NUMBER OF ------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,256,260
EACH ------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 1,691,231
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10 SHARED DISPOSITIVE POWER
2,256,260
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,947,491
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* []
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.05%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
SCHEDULE 13D
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CUSIP NO. 76655L101 Page 5 of 7 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Peter P. D'Angelo
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) []
(b) []
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)
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6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
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7 SOLE VOTING POWER
57,252
NUMBER OF ------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH ------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 57,252
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10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
57,252
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* []
- ------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.10%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
The Schedule 13D, filed on May 9, 1996, of (i) Caxton International
Limited, a British Virgin Islands corporation ("Caxton International");
(ii) Overbrook Limited Partnership, a Delaware limited partnership
("Overbrook"); (iii) Mr. Bruce Kovner; (iv) Mr. Peter P. D'Angelo, and (v)
Troye Limited Partnership, a Connecticut limited partnership ("Troye"),
with respect to the shares of Common Stock no par value (the "Common
Stock"), of Rigel Energy Corporation, an Alberta, Canada corporation (the
"Company"), beneficially owned by them, is hereby amended by this Amendment
No. 1 as follows:
Item 5. Interest in Securities of the Issuer
Item 5(a) is hereby supplemented by the addition of the following:
(a) As of the date hereof (i) Caxton International beneficially owns
2,031,294 shares of Common Stock, constituting approximately 3.63% of such
shares outstanding; (ii) Overbrook beneficially owns 224,966 shares of Common
Stock, constituting approximately .40% of such shares outstanding; (iii) Mr.
Kovner beneficially owns 3,947,491 shares of Common Stock constituting
approximately 7.05% of such shares outstanding and (iv) Mr. D'Angelo
beneficially owns 57,252 shares of Common Stock, constituting approximately .10%
of such shares outstanding. Troye ceased to beneficially own any shares of
Common Stock prior to the most recent filing on Schedule 13D. By reason of Rule
13d-3 under the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), Mr. Kovner may be deemed to beneficially own the shares of Common Stock
beneficially owned by each of Caxton International and Overbrook. When such
shares are totaled (3,947,491 shares), they constitute approximately 7.05% of
such shares outstanding. The percentages used herein are calculated based upon
56,008,100 shares of Common Stock issued and outstanding as of August 7, 1996,
based upon conversations with the Company.
Item 5(c) is hereby supplemented by the addition of the following:
(c) The trading date, number of shares sold and price per share for all
transactions by each of Caxton International, Overbrook, Mr. Kovner and Mr.
D'Angelo since the most recent filing on Schedule 13D are as follows:
No. of Shares Price Per
Owner Trade Date Sold Share
Caxton International 8/15/96 507,222 CN$12.30
Overbrook 8/15/96 56,175 CN$12.30
Bruce Kovner 8/15/96 422,307 CN$12.30
Peter D'Angelo 8/15/96 14,296 CN$12.30
Page 6 of 7 pages
<PAGE>
All sales were effected in a brokered transaction through and pursuant
to the rules of the Toronto Stock Exchange.
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, the undersigned certify that the information set forth in this
statement is true, complete and correct.
Dated: August 19, 1996 CAXTON INTERNATIONAL LIMITED
By: /s/Barbara Morton
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Title: Vice President
By: /s/ Maxwell Quinn
-----------------------------------
Title: Secretary and Director
OVERBROOK LIMITED PARTNERSHIP
By: /s/ Peter P. D'Angelo
-----------------------------------
Title: President of Caxton Corporation,
General Partner
/s/ Peter P. D'Angelo, attorney-in-fact
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Bruce S. Kovner
/s/ Peter P. D'Angelo
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Peter P. D'Angelo
Page 7 of 7 pages
