UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
RIGEL ENERGY CORPORATION
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
76655L101
(CUSIP Number)
Check the following box if a fee is being paid with this statement ( X).
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SCHEDULE 13G
RIGEL ENERGY CORPORATION
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
76655L101
(CUSIP Number)
(1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons
Trimark Financial Corporation
(2) Check the Appropriate Box if a Member of a Group
(a)
(b) (x)
(3) SEC Use Only
(4) Citizenship or Place of Organization
Trimark Financial Corporation is a corporation incorporated under the
laws of Ontario, Canada
Number of (5) Sole Voting Power 5,493,751 shares
Shares
Benefici- (6) Shared Voting Power NIL
ally Owned
by Each (7) Sole Dispositive Power 5,493,751 shares
Reporting
Person With (8) Shared Dispositive Power NIL
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
5,493,751 shares
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
Not applicable
(11) Percent of Class Represented by Amount in Row 9
9.8 % of outstanding common shares
(12) Type of Reporting Person HC (see item 2A)
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Item 1(a)
Name of Issuer: Rigel Energy Corporation
Item 1(b)
Address of Issuer's Principal Executive Offices:
1900 Bow Valley Square 3
255 Fifth Avenue S.W.
Calgary, Alberta
T2P 3G6
Canada
Item 2(a)
Name of Person Filing:
Certain Trimark mutual funds (the "Funds"), which are trusts organized under the
laws of Ontario, Canada, are owners of record of the securities covered by this
report. Trimark Investment Management Inc. ("TIMI"), a corporation incorporated
under the laws of Canada, is a manager and trustee of the Funds. TIMI is
qualified to act as an investment adviser and manager of the Funds in the
province of Ontario pursuant to a registration under the Securities Act
(Ontario). Trimark Financial Corporation ("TFC") is a corporation incorporated
under the laws of Ontario, Canada. It owns 100% of the voting equity securities
of TIMI. Consequently, TFC may be deemed to be the beneficial owner of such
securities.
Item 2(b)
Address of Principal Business Office:
One First Canadian Place
Suite 5600, P.O. Box 487
Toronto, Ontario
M5X 1E5
(416) 362-7181
Item 2(c)
Citizenship:
Trimark Financial Corporation - Incorporated under the laws of Ontario, Canada
Trimark Investment Management Inc. - Incorporated under the laws of Canada
Trimark mutual funds - mutual fund trusts organized under the laws of
Ontario, Canada
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Item 2(d)
Title of Class of Securities: common stock
Item 2(e)
CUSIP Number: 76655L101
Item 3
If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check
whether the person filing is a:
(a) ( ) Broker or Dealer registered under Section 15 of the Act
(b) ( ) Bank as defined in section 3(a) (6) of the Act
(c) ( ) Insurance Company as defined in section 3(a)(19) of the Act
(d) ( ) Investment Company registered under section 8 of the Investment
Company Act
(e) ( ) Investment Adviser registered under section 203 of the Investment
Advisers Act of 1940
(f) ( ) Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund; see 240.13d-1(b) (1) (ii)(F)
(g) (x ) Parent Holding Company, in accordance with 240.13d-1(b) (ii)(G)
(Note: See Item 7)
(h) ( ) Group, in accordance with 240.13d-1(b) (ii)(H)
(see item 2A)
Item 4
Ownership.
(a) Amount Beneficially Owned*:
5,493,751 shares
(b) Percent of Class:
9.8 %
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(c) Number of shares as to which such person has*:
(i) sole power to vote or to direct the vote: (TFC) 5,493,751
(ii) shared power to vote or to direct the vote: NIL
(iii) sole power to dispose or to direct the disposition of: (TFC) 5,493,751
(iv) shared power to dispose or to direct the disposition of: NIL
* (see item 2(a))
Item 5
Ownership of Five Percent or Less of a Class
Inapplicable
Item 6
Ownership of More than Five Percent on Behalf of Another Person
Inapplicable
Item 7
Identification and Classification of the Subsidiary which Acquired the Security
Being Reported on By the Parent Holding Company.
See item 2(a)
Item 8
Identification and Classification of Members of the Group.
Inapplicable
Item 9
Notice of Dissolution of Group.
Inapplicable
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Item 10
Certification.
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired 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 in connection with or as a participant in any transaction having
such purposes or effect.
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.
Date: February 5, 1997
Signature:
Name/Title: Michael Kevin Feeney, Chief Financial Officer, on behalf of
Trimark Financial Corporation in its capacity as a
"Reporting Person" herein.
Attention: Intentional misstatements or omissions of fact
constitute Federal criminal violations (See 18 U.S.C. 1001).
