SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3 )*
SEMI-TECH CORPORATION
(Name of Issuer)
CLASS A
(Title of Class of Securities)
81662E306
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]. (A fee
is not required only if the filing 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).
*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 a ll other provisions of the Act (however, see the
Notes).
Page 1 of 4 Pages
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CUSIP No. 81662E306 Schedule 13G Page 2 of 4
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Mackenzie 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
Toronto, Ontario, Canada
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER
6,860,300 Shares
6. SHARED VOTING POWER
Nil
7. SOLE DISPOSITIVE POWER
6,860,300 Shares
8. SHARED DISPOSITIVE POWER
Nil
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,860,300 Shares
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES.*
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.7%
12. TYPE OF REPORTING PERSON *
IA<PAGE>
Schedule 13G Page 3 of 4
Item 1(a) Name of Issuer
SEMI-TECH CORPORATION
Item 1(b) Address of Issuer's Principal Executive Offices
131 McNabb Street
Markham, ON
L3R 5V7
Item 2(a) Name of Person Filing
Mackenzie Financial Corporation
Item 2(b) Address of Principal Business Office
150 Bloor Street West, Suite M111
Toronto, Ontario M5S 3B5
Item 2(c) Citizenship
Organized in Toronto, Ontario, Canada
Item 2(d) Title of Class of Securities
Common Stock
Item 2(e) CUSIP Number
81662E306
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
(b) [ ] Bank
(c) [ ] Insurance Company
(d) [ ] Investment Company
(e) [ X ] Investment Adviser
(f) [ ] Employee Benefit Plan, Pension Fund or
Endowment Fund
(g) [ ] Parent Holding Company
(h) [ ] Group
Item 4 Ownership
(a) Amount Beneficially Owned
6,860,300 Shares
(b) Percent of Class
11.7%
(c) Number of shares as to which such person has:
(i) sole power to vote 6,860,300 Shares
(ii) shared power to vote Nil
(iii) sole power to dispose 6,860,300 Shares
(iv) shared power to dispose Nil
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Schedule 13G Page 4 of 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 ] Not applicable
Item 6 Ownership of More than Five Percent on Behalf of Another Person
Several accounts managed by Mackenzie Financial Corporation have the
right to receive dividends and the proceeds from the sale of these
securities, none of which own more than 5% of the common stock of
Semi-Tech Corporation.
Item 7 Identification and Classification of the Subsidiary Which Acquire
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 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.
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.
Margo D. MacGougan
Assistant Vice President November 29, 1996
