Alternative Monthly Report
posted on
Dec 11, 2012 10:10AM
Edit this title from the Fast Facts Section
An Alternative Monthly Report has been filed on SEDAR dated December 10th, 2012 and it is the most recent report as the last Alternative Monthly Report was filed on May 10th 2012. This new Alternative Monthly Report indicates that Fidelity Management and Research Company has dumped 2,882,006 common shares of Tuscany International Drilling.
EARLY WARNING REPORT UNDER
THE ALTERNATIVE MONTHLY REPORTING SYSTEM
OF NATIONAL INSTRUMENT 62-103
1. Name and address of the eligible institutional investor:
“Fidelity” which may include the following:
Fidelity Management & Research Company ("FMR Co.") 82 Devonshire Street Boston, MA, 02109
Pyramis Global Advisors, LLC ("PGALLC") 900 Salem Street Smithfield, RI, 02917
Pyramis Global Advisors Trust Company ("PGATC") 900 Salem Street Smithfield, RI, 02917
Strategic Advisers Incorporated (“SAI”)82 Devonshire Street, Boston, MA 02109
FIL Limited ("FIL") 42 Crow Lane, Pembroke, Bermuda
FMR Co., PGALLC, PGATC and SAI (hereinafter collectively referred to as “FMR”), and
FIL and certain of its affiliates (“FIL”, and together with FMR, “Fidelity”).
2. Name of the reporting issuer:
Tuscany International Drilling Inc.
3. Period for which the report is filed:
Period ended November 30, 2012
4. Net increase or decrease in the number or principal amount of securities, and in
the eligible institutional investor’s security holding percentage in the class of
securities, since the last report filed by the eligible institutional investor under
the early warning requirements:
Since Fidelity’s last report filed on May 10, 2012, Fidelity’s holdings have decreased by
2,882,006 Common Shares of Tuscany International Drilling Inc. This represents a net decrease
of 0.83% of the outstanding Common Shares.
5. Designation and number or principal amount of securities and the eligible
institutional investor’s security holding percentage in the class of securities at the end of the
month for which the report is made
Fidelity holds 34,019,683 Common Shares representing approximately 9.78% of the outstanding Common Shares of Tuscany International Drilling Inc. Fidelity holds no related financial instruments.
6. Designation and number or principal amount of securities and the percentage of
outstanding securities of the class of securities referred to above over which:
(i) the eligible institutional investor, either alone or together with any joint actors, have
ownership and control:
N/A
(ii) the eligible institutional investor, either alone or together with any joint
actors, have ownership but control is held by other entities other than the eligible
institutional investor or any joint actor:
N/A
(iii) the eligible institutional investor, either alone or together with any joint
actors, have exclusive or shared control but does not have ownership:
Fidelity holds 34,019,683 Common Shares representing approximately 9.78% of the outstanding Common Shares of Tuscany International Drilling Inc. Fidelity holds no related financial instruments.
7. Purpose of the eligible institutional investor and any joint actors in acquiring or
disposing of ownership of, or control over, the securities, including any future
intention to acquire ownership of, or control over, additional securities of the
reporting issuer:
The Common Shares of Tuscany International Drilling Inc. were disposed of in the ordinary course of business, for investment purposes only and not with the purpose of exercising control or direction over Tuscany International Drilling Inc. Fidelity may from time to time, on behalf of funds or accounts it manages, acquire additional Common Shares or related financial instruments, dispose of some or all of the Common Shares they hold or continue to hold Common Shares.