Temagami Mining Company Limited ("Temagami") has informed the Corporation that as at March 1, 2012, it beneficially owned, or exercised direction or control over, directly or indirectly, 4,300,000 Class A common shares (representing 45.97% of the Class A common shares outstanding) and 860,000 Class B subordinate voting shares (representing 0. 0.15% of the Class B subordinate voting shares outstanding) of the Corporation, which shares represent 28.50% of the total votes attached to the combined outstanding Class A common shares and Class B subordinate voting shares.
Keevil Holding Corporation beneficially owns 51% of the outstanding shares of Temagami, and SMM Resources Incorporated ("SMM"), a wholly-owned subsidiary of Sumitomo Metal Mining Co. Ltd. ("Sumitomo"), beneficially owns 49% of the outstanding shares of Temagami.
In addition to the foregoing, SMM has informed the Corporation that as at March 1, 2012, it beneficially owned and exercised direction or control over, directly or indirectly, 1,469,000 Class A common shares and 295,800 Class B subordinate voting shares of the Corporation. Accordingly, SMM exercises voting rights representing 9.73% of the total votes attached to the combined outstanding Class A common shares and Class B subordinate voting shares of the Corporation.
As of March 1, 2012, Caisse de dépôt et placement du Québec held 1,587,600 Class A common shares, which represents 16.97% of the Class A common shares. Those shares, together with 7,550,966 Class B subordinate voting shares (representing 1.31% of the Class B subordinate voting shares outstanding) held by it, represent 11.00% of the total votes attached to the combined outstanding Class A common shares and Class B subordinate voting shares of the Corporation
As of March 1, 2012, Fullbloom Investment Corporation, a wholly-owned subsidiary of China Investment Corporation, held 101,304,474 Class B subordinate voting shares, which represents 17.57% of the Class B subordinate voting shares outstanding and 6.70% of the total votes attached to the combined outstanding Class A common shares and Class B subordinate voting shares of the Corporation.
Shares Outstanding
At the close of business on March 1, 2012 there were 9,353,470 Class A common shares outstanding and 576,625,195 Class B subordinate voting shares outstanding.
Total number of Class A common shares held by all directors: 418,880
Total number of Class A common shares held by all non-executive directors: 418,880
Only Norman B. Keevil holds Class A common shares. All other directors hold Class B subordinate voting shares.
China Investment Corporation Announces Investment in Teck Resources Limited
BEIJING, CHINA--(Marketwire - July 3, 2009) - China Investment Corporation ("CIC") announced today that it has agreed to purchase on a private placement basis, through its wholly-owned subsidiary (SPV) Fullbloom Investment Corporation, 101,304,474 Class B subordinate voting shares(1) ("Class B Shares") of Teck Resources Limited
(1) Teck's issued and outstanding shares include Class A common shares and Class B subordinate voting shares. Class A common shares carry the right to 100 votes per share. Class B subordinate voting shares carry the right to one vote per share.
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Equity Ownership
TCK.A
Name |
|
Shares |
Change |
% Total Shares Held |
% Total Assets |
|
Date |
|
Redwood Diversified Equity |
|
21,800 |
-2,200 |
0 |
2.38 |
|
31/12/2011 |
|
Ark StoneCastle Stable Growth Class I |
|
9,300 |
2,500 |
0 |
2.83 |
|
31/12/2011 |
|
DFA Canadian Core Equity Class F |
|
1,453 |
0 |
0 |
0.01 |
|
29/02/2012 |
|
DFA Canadian Vector Equity Class F |
|
340 |
0 |
0 |
0.02 |
|
29/02/2012 |
|
Total: Top 4 funds |
|
32,893 |
300 |
0 |
|
|
Name |
|
Shares |
Change |
% Total Shares Held |
% Total Assets |
|
Date |
|
Temagami Mining Company Limited |
|
4,300,000 |
0 |
0.73 |
0 |
|
01/03/2012 |
|
Caisse De Depot Et Placement Du Quebec |
|
1,587,600 |
0 |
0.27 |
0 |
|
01/03/2012 |
|
Sumitomo Metal Mining Co., Ltd. |
|
1,469,000 |
0 |
0.25 |
0 |
|
01/03/2012 |
|
BlackRock Advisors LLC |
|
297,395 |
8,345 |
0.05 |
1.28 |
|
31/01/2012 |
|
Principal Management Corp |
|
280,500 |
0 |
0.05 |
0.29 |
|
30/04/2012 |
|
Van Eck Associates Corporation |
|
265,000 |
0 |
0.04 |
0.86 |
|
31/12/2011 |
|
BlackRock Advisors |
|
178,500 |
0 |
0.03 |
1.01 |
|
31/01/2012 |
|
Hartford Inv Financial Srvc, LLC |
|
89,694 |
-7,590 |
0.01 |
0.84 |
|
30/04/2012 |
|
First State Investments (Hong Kong) Ltd |
|
77,329 |
29,915 |
0.01 |
1.22 |
|
31/12/2011 |
|
Wells Fargo Funds Management LLC |
|
62,867 |
14,306 |
0.01 |
0.81 |
|
31/12/2011 |
|
Total: Top 10 institutions |
|
8,607,885 |
44,976 |
1.45 |
|
Heres is what the only director holding Teck A shares thinks of Schaf Creek, he's also teh Executive Chairman of Teck....
(Only Norman B. Keevil holds Class A common shares. All other directors hold Class B subordinate voting shares. )
The company will kick off the coming decade with the start up of yet another large project – it’s Highmont copper-molybdenum mine in B.C. Three more Canadian development proposals (B.C.’s Bullmoose coking coal deposit and its Schaft Creek copper-molybdenum-gold property along with Ontario’s Montcalm nickel-copper deposit) are waiting in the wings.
Also waiting to be developed is the Schaft Creek copper-molybdenum-gold deposit in northern B.C.,.
The richness of Schaft Creek’s copper grade is “pretty dramatic,” Dr. Keevil Jr. says. Despite the high cost, the development date probably would be earlier if there were power in the are, he adds. However, hopes for a new B.C, Hydro plant near the site so far are just that – hopes.