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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
DIA MET MINERALS LTD.
(Name of Issuer)
Subordinate Voting Shares (Class A)
Multi-Voting Shares (Class B)
(Title of Class of Securities)
25243K208 (Class A)
25243K307 (Class B)
(CUSIP Number)
February 22, 2000
(Date of Event Which Requires Filing of this Statement)
Mitchell Gropper
Farris, Vaughan, Wills & Murphy
2600 - 700 West Georgia Street
Vancouver, B.C. V7Y 1B3 Canada
(604) 661-9322
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
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 [ ].
*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).
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CUSIP NO. 25243K208
25243K307
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1 NAME OF REPORTING PERSON Marlene Fipke
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities only)
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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
00
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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 OF ORGANIZATION
Canadian
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7 SOLE VOTING POWER
NUMBER OF 1,322,747 (Class A)
5,543,608 (Class B)
SHARES -----------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
-0-
OWNED BY
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,322,747 (Class A)
5,543,608 (Class B)
PERSON -----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
-0-
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,322,747 (Class A)
5,543,608 (Class B)
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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)
15.4% (Class A)
25.6% (Class B)
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14 TYPE OF REPORTING PERSON
IN
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Item 1. Security and Issuer
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The class of equity securities to which this Schedule 13D relates is
the Subordinated Voting Shares (Class A) and Multi-Voting Shares (Class B)
(collectively, the "Shares"), of Dia Met Minerals Ltd. (the "Issuer"). The
Issuer's principal executive offices are located at 1695 Powick Road,Kelowna,
British Columbia, V1X 4L1.
Item 2. Identity and Background
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The person filing this statement is Marlene Fipke. Mrs. Fipke is a
Canadian citizen. The residence address of Mrs. Fipke is 2150 Abbott Street,
Kelowna, British Columbia, Canada. Mrs. Fipke is self-employed and has no
business address other than her residence.
Mrs. Fipke has not during the last five years been (i) convicted in a
criminal proceeding, or (ii) a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such proceeding
was or is subject to judgment, decree and final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration
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Pursuant to the settlement of the divorce proceedings in The Supreme
Court of British Columbia between Mrs. Fipke and Charles Fipke, Mrs. Fipke will
acquire 1,322,747 Class A Shares and 5,543,608 Class B Shares on completion of
the settlement (the "Acquired Shares").
Item 4. Purpose of Transaction
----------------------
Mrs. Fipke will acquire 1,322,747 Class A Shares and 5,543,608 Class B
Shares in settlement of a divorce proceeding in The Supreme Court of British
Columbia. She currently is deemed a beneficial owner of such shares within the
meaning of Section 13 of the Exchange Act of 1934, as amended. Except as
otherwise set forth in this Item 4, Mrs. Fipke has no present intent or
proposals that relate to or would result in: (i) the acquisition by any person
of additional securities of the Issuer, or the disposition of securities of the
Issuer; (ii) an extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the Issuer or any of its subsidiaries;
(iii) a sale or transfer of a material amount of assets of the Issuer or any of
its subsidiaries; (iv) any change in the present Board of Directors or
management of the Issuer, including any plans or proposals to change the number
or term of Directors or to fill any vacancies on the Board; (v) any material
change in the present capitalization or dividend policy of the Issuer; (vi) any
other material change in the Issuer 's business or corporate structure; (vii)
changes in the Issuer's Articles of Association, By-laws or instruments
corresponding thereto or other actions which may impede the acquisition of
control of the Issuer by any person; (viii) causing a class of securities to be
delisted from a national securities exchange or to cease to be authorized to be
quoted in an inter-dealer quotation system of a registered national securities
association; (ix) a class of equity securities of the Issuer becoming eligible
for termination of registration pursuant to Section 12(g)(4) of the Exchange
Act; or (x) any action similar to those enumerated above.
In the future, Mrs. Fipke may acquire additional Shares of the Issuer
or dispose of Shares of the Issuer subject to a number of factors, including
general market and economic conditions and other investment and business
opportunities available to her.
Mrs. Fipke reserves the right to determine in the future whether to
change the purpose or purposes described above or whether to adopt plans or
proposals of the type specified above.
Item 5. Interest in Securities of the Issuer
------------------------------------
Upon completion of the settlement, Mrs. Fipke will own of record and
have sole power to vote and dispose of 1,322,747 Class A Shares, which is 15.4%
of the outstanding Class A Shares, and 5,543,608 Class B Shares, which is 25.6%
of the outstanding Class B Shares. Mrs. Fipke continues to be the beneficial
owner of more than five percent of the outstanding shares of the Issuer.
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Mrs. Fipke has not been a party to any transaction in the Shares in
the last 60 days. Mrs. Fipke knows of no other person that has the right to
receive or the power to direct the receipt of dividends from, or the proceeds
from the sale of, the Acquired Shares.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
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to Securities of the Issuer
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None.
Item 7. Materials to be Filed as Exhibits
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None.
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SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this Schedule 13D is true, complete and
correct.
By /s/ Marlene Fipke
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Signature
March 3, 2000
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