CUSIP No. |
14888T104 |
1 | NAMES OF REPORTING PERSONS Third Avenue Management LLC I .D. No. 01-0690900 |
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
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(a) o | |||||||||||
(b) o | |||||||||||
3 | SEC USE ONLY | ||||||||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | ||||||||||
N/A | |||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
Delaware | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 112,472,584 Shares | ||||||||||
SHARES | 8 | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 0 Shares | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 115,914,212 Shares | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
0 Shares | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
115,914,212 Shares | |||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
30.4%1 | |||||||||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||||||||
IA |
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Explanatory Note | 3 |
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Item 4. Purpose of Transaction | 3 |
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Item 5. Interest in Securities of the Issuer | 4 |
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Item 7. Material to be Filed as an Exhibit | 6 |
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SIGNATURES | 7 |
Pursuant to instructions from various investment advisory clients and as a result of pro-rata reductions in certain accounts, an aggregate of 7,559,998 Common Shares, or approximately 2.0% of the Company’s issued and outstanding Common Shares, were sold since June 3, 2011.
TAM continues to exercise control or direction over 115,914,212 Common Shares as investment adviser to investment advisory clients. TAM is currently entitled to vote 112,472,584 of such Common Shares.
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(a) | Amount beneficially owned: 72,271,095 Common Shares. | ||
(b) | Percent of class: 18.9% | ||
(c) | Number of Common Shares as to which TAM has: |
(i) | Sole power to vote or direct the vote: 72,271,095 | ||
(ii) | Shared power to vote or direct the vote: 0 | ||
(iii) | Sole power to dispose or direct the disposition: 72,271,095 | ||
(iv) | Shared power to dispose or direct the disposition: 0 |
(a) | Amount beneficially owned: 20,631,704 Common Shares. | ||
(b) | Percent of class: 5.4% | ||
(c) | Number of Common Shares as to which TAM has: |
(i) | Sole power to vote or direct the vote: 17,190,076 | ||
(ii) | Shared power to vote or direct the vote: 0 | ||
(iii) | Sole power to dispose or direct the disposition: 20,631,704 | ||
(iv) | Shared power to dispose or direct the disposition: 0 |
(a) | Amount beneficially owned: 21,530,352 Common Shares. | ||
(b) | Percent of class: 5.6% | ||
(c) | Number of Common Shares as to which TAM has: |
(i) | Sole power to vote or direct the vote: 21,530,352 | ||
(ii) | Shared power to vote or direct the vote: 0 | ||
(iii) | Sole power to dispose or direct the disposition: 21,530,352 | ||
(iv) | Shared power to dispose or direct the disposition: 0 |
(a) | Amount beneficially owned: 1,481,061 Common Shares. | ||
(b) | Percent of class: 0.4% | ||
(c) | Number of Common Shares as to which TAM has: |
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(i) | Sole power to vote or direct the vote: 1,481,061 | ||
(ii) | Shared power to vote or direct the vote: 0 | ||
(iii) | Sole power to dispose or direct the disposition: 1,481,061 | ||
(iv) | Shared power to dispose or direct the disposition: 0 |
(c) TAM has effected the following transactions in the Common Shares during the past sixty days:
Transaction Effected By: | Date
of Transaction |
Amount
of Common Shares Involved |
Price
per Common Share CAD |
Where
and How Effected |
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Separately managed accounts | 06/03/11 |
534,000 | $ | 0.1580 | Pro-rata reduction |
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Separately managed accounts | 06/06/11 |
489,700 | $ | 0.1550 | Pro-rata reduction |
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Separately managed accounts | 06/24/11 |
72,298 | $ | 0.1300 | Client directed sale |
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Separately managed accounts | 06/27/11 |
144,000 | $ | 0.1350 | Client directed sale |
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Separately managed accounts | 10/17/11 |
1,250,000 | $ | 0.0821 | Client directed sale |
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Separately managed accounts | 10/19/11 |
1,000,000 | $ | 0.0751 | Client directed sale |
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Separately managed accounts | 10/21/11 |
1,324,000 | $ | 0.0751 | Client directed sale |
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Separately managed accounts | 10/24/11 |
638,000 | $ | 0.0742 | Client directed sale |
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Separately managed accounts | 10/25/11 |
2,108,000 | $ | 0.0700 | Client directed sale |
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THIRD AVENUE MANAGEMENT LLC |
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/s/ W. James Hall | ||||
Name: | W. James Hall | |||
Title: | General Counsel | |||
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