424B3 1 prospectus.htm PROSPECTUS FILED PURSUANT TO RULE 424B3 prospectus.htm


 
Filed Pursuant to Rule 424(b)(3)
File No. 333-130688
 
PROSPECTUS SUPPLEMENT NO. 2
(To prospectus dated January 25, 2006)
 
 
11,695,959 Shares
 
 
 
Common Shares
 

 
This prospectus supplement relates to the sale of up to 11,695,959 of our common shares and supplements and amends the prospectus dated January 25, 2006, as supplemented by prospectus supplement No. 1 dated December 8, 2006.  This prospectus supplement, together with the prospectus described above, is to be used by certain holders of our common shares and the common shares issuable upon exercise of our warrants acquired by the selling shareholders pursuant to either private placements or other exempt transactions between us and the selling shareholders.
 
   
Shares Beneficially Owned
     
Shares Beneficially Owned
   
Prior to the Offering
     
After the Offering (1)
         
Number of
             
Number of
 
 
 
         
Shares
     
Number of
     
Shares
     
         
Underlying
     
Shares
     
Underlying
     
Name of Selling Securityholder
 
Number
   
Warrants
 
Percent
 
Offered
 
Number
 
Warrants
   
Percent
Touradji Global Resources Master Fund, Ltd. (12)
c/o Touradji Capital Management, LP
101 Park Avenue, 48th Floor
New York, NY 10178
 
2,270,569
     
937,673
 
4.61%
 
3,658,242
 
119,683
 
0
   
*
Touradji Diversified Master Fund, Ltd. (12)
c/o Touradji Capital Management, LP
101 Park Avenue, 48th Floor
New York, NY 10178
 
 
112,535
 
     
39,070
 
 
*
 
 
286,049
 
 
134,444
 
 
0
 
   
*
Touradji DeepRock Master Fund, Ltd. (12)
c/o Touradji Capital Management, LP
101 Park Avenue, 48th Floor
New York, NY 10178
 
1,052,232
     
418,605
 
1.81%
 
1,470,837
 
0
 
0
   
*

 
 

 
The table appearing under the caption entitled, “The Selling Shareholders” in the prospectus is hereby amended by the substitution of the information relating to the selling shareholder "Touradji Global Resources Master Fund, Ltd" with the information below.  The information below was furnished to us by the selling shareholders listed below and reflects their holdings as of August 27, 2007.  Beneficial ownership shown below is based on 81,069,820 common shares issued and outstanding as of October 8, 2007.

*           Indicates less than 1%.
 
(1)           Assumes all of the common shares registered are sold.

(12)
Touradji Capital Management LP, as the general partner of the selling shareholder, has voting and investment power with respect to the securities reported in the table for this selling shareholder. Accordingly, Touradji Capital Management LP may be deemed a beneficial owner of the securities. Paul Touradji is a principal of Touradji Capital Management LP and may be deemed a beneficial owner of the securities. Mr. Touradji disclaims any beneficial ownership of the securities.
 
Investing in our common shares involves risks. See “Risk Factors” beginning on page 4 of the prospectus.
 
 
NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF THIS PROSPECTUS IS TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
 
 
The date of this prospectus supplement is October 9, 2007.