-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, ASP2cRXlQXftsARtYLRLSRGp9bq0VgVNU8JcVsY+AqwXaeDicpQzrvvM7QzBhblk iWcSDp/ayZmoOmmkHhS+YA== 0000912057-01-544973.txt : 20020413 0000912057-01-544973.hdr.sgml : 20020413 ACCESSION NUMBER: 0000912057-01-544973 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20011231 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SYNSORB BIOTECH INC CENTRAL INDEX KEY: 0001025863 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-52837 FILM NUMBER: 1826581 BUSINESS ADDRESS: STREET 1: STE 410 STREET 2: 1167 KENINGTON CRESCENT NW CITY: CALGARY ALBERTA CANA STATE: A0 ZIP: T2N 1X7 BUSINESS PHONE: 4032835900 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SCOUT CAPITAL CORP CENTRAL INDEX KEY: 0001164046 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 400,521 3RD AVE SW STREET 2: T2P 3T3 CITY: CALGARY STATE: A0 ZIP: 00000 BUSINESS PHONE: 4032633653 MAIL ADDRESS: STREET 1: 400,521 3RD AVE SW STREET 2: T2P 3T3 CITY: CALGARY STATE: A0 ZIP: 00000 SC 13D 1 a2067023zsc13d.txt SCH13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 SYNSORB BIOTECH INC. (Name of Issuer) COMMON STOCK, NO PAR VALUE (Title of Class of Securities) 87160V-10-4 (CUSIP Number) GREGORY B. MATTHEWS 400,521-3RD AVENUE S.W. CALGARY, ALBERTA T2P 3T3 (403) 263-3653 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) COPY TO: WILLIAM L. BOEING HAYNES AND BOONE, LLP 1600 N. COLLINS BLVD., SUITE 2000 RICHARDSON, TEXAS 75080 (972) 680-7553 DECEMBER 21, 2001 (Date of Event which Requires Filing of this Statement) 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: [ ] SCHEDULE 13D CUSIP NO. 87160V-10-4 (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Scout Capital Corp. (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] (3) SEC USE ONLY (4) SOURCE OF FUNDS WC (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] (6) CITIZENSHIP OR PLACE OF ORGANIZATION Alberta, Canada (7) SOLE VOTING POWER NUMBER OF 2,032,317 SHARES BENEFICIALLY (8) SHARED VOTING POWER OWNED BY 0 EACH REPORTING (9) SOLE DISPOSITIVE POWER PERSON WITH 2,032,317 (10) SHARED DISPOSITIVE POWER 0 (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,032,317 (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.1% (14) TYPE OF REPORTING PERSON CO Item 1. SECURITY AND ISSUER. This statement relates to the Common Stock, no par value (the "Common Stock"), of Synsorb Biotech Inc. ("Synsorb"). Synsorb's principal executive offices are located at 410,1167 Kensington Crescent N.W., Calgary, Alberta T2N 1X7. Item 2. IDENTITY AND BACKGROUND. The name of the person filing this statement is Scout Capital Corp. ("Scout"). Scout is a corporation incorporated under the laws of the Province of Alberta, Canada. The names, citizenship, business addresses, present principal occupation or employment and the name, and the principal business and address of any corporation or other organization in which such employment is conducted of the directors and executive officers of Scout are set forth in Exhibit I hereto and incorporated herein by this reference. The principal business office of Scout is located at 400, 521 - 3rd Avenue S.W., Calgary, Alberta Canada T2P 3T3. Scout is a publicly traded Canadian investment company. Scout's common shares are listed for trading on the Canadian Venture Exchange. During the past five years, none of the foregoing persons has been convicted in a criminal proceeding or been a party to a civil proceeding, in either case of the type specified in Items 2(d) or 2(e) of Schedule 13D. Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. The source of the funds used to purchase the Common Stock of Synsorb purchased by Scout was Scout's working capital. The aggregate amount of funds used for the purchases was (Cdn.) $1,199,419 (approximately $748,637 USD based on conversion rates as of the date hereof). The source of the funds used to purchase the Common Stock of Synsorb purchased by Geoffrey P. Smith was personal funds. The aggregate amount of funds used for the purchase was (Cdn.) $11,440 (approximately $7,150 USD based on conversion rates as of the date hereof). Item 4. PURPOSE OF TRANSACTION. SCOUT PURCHASES The purchases of Common Stock consummated by Scout were made in the open market through the facilities of the Toronto Stock Exchange and the NASDAQ Stock Market. The Common Stock of Synsorb was acquired by Scout for investment purposes. However, Scout intends to monitor its interests in Synsorb on an ongoing basis and to take such measures as it deems appropriate from time to time in furtherance of such interests. Scout may from time to time acquire additional shares of Common Stock, dispose of some or all of the shares of Common Stock then beneficially owned by it, discuss Synsorb's business, operations, or other affairs with Synsorb's management, board of directors, shareholders or others or take such other actions as Scout may deem appropriate. Notwithstanding the foregoing, Scout has no present plan or proposal which relates to or would result in any of the matters referred to in Items (a) through (j) of Item 4 of Schedule 13D. Scout does, however, reserve the right to adopt such plans or proposals subject to compliance with applicable regulatory requirements. SMITH PURCHASE The Common Stock of Synsorb was acquired by Geoffrey P. Smith for investment purposes. However, Mr. Smith intends to monitor his interests in Synsorb on an ongoing basis and to take such measures, as he deems appropriate from time to time in furtherance of such interests. Mr. Smith may from time to time acquire additional shares of Common Stock, dispose of some or all of the shares of Common Stock then beneficially owned by him, discuss Synsorb's business, operations, or other affairs with Synsorb's management, board of directors, shareholders or others or take such other actions as he may deem appropriate. Notwithstanding the foregoing, Mr. Smith has no present plan or proposal which relates to or would result in any of the matters referred to in Items (a) through (j) of Item 4 of Schedule 13D. Mr. Smith does, however, reserve the right to adopt such plans or proposals subject to compliance with applicable regulatory requirements. Item 5. INTEREST IN SECURITIES OF THE ISSUER. SCOUT CAPITAL CORP. (a) Number of Securities Beneficially Owned: 2,032,317 shares of Common Stock Percentage of Class: 5.1% (b) Sole Voting Power: 2,032,317 shares of Common Stock Shared Voting Power: 0 shares of Common Stock Sole Dispositive Power: 2,032,317 shares of Common Stock Shared Dispositive Power: 0 shares of Common Stock (c) The transactions made by Scout in the Common Stock in the last 60 days are detailed on Exhibit II hereto, which is incorporated herein by this reference. GEOFFREY P. SMITH (a) Number of Securities Beneficially Owned: 22,000 shares of Common Stock Percentage of Class: 0.0% (less than one-tenth of a percent) (b) Sole Voting Power: 22,000 shares of Common Stock Shared Voting Power: 0 shares of Common Stock Sole Dispositive Power: 22,000 shares of Common Stock Shared Dispositive Power: 0 shares of Common Stock (c) The only transaction by Geoffrey P. Smith in the Common Stock in the past 60 days was the open market purchase of 22,000 shares of Common Stock described herein. Such purchase was conducted on December 18, 2001 at a price of (Cdn.) $.52 per share on the Toronto Stock Exchange. Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. None. Item 7. MATERIAL TO BE FILED AS EXHIBITS Exhibit I - Information Concerning Executive Officers and Directors of Scout Capital Corp. Exhibit II- Scout Transactions in the Common Stock in the last 60 days. SIGNATURE After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. SCOUT CAPITAL CORP. By:/s/ David L. Tonken ----------------------------- Name: David L. Tonken Title: Chief Executive Officer Date: December 28, 2001 EX-1 3 a2067023zex-1.txt EX-1 EXHIBIT I INFORMATION CONCERNING THE EXECUTIVE OFFICERS AND DIRECTORS OF SCOUT CAPITAL CORP.
PRESENT PRINCIPAL NAME CITIZENSHIP BUSINESS ADDRESS OCCUPATION - ----- ----------------------------- -------------- --------------------------- --------------------------- 1. Thomas H. Field Canadian 4028 Comanche Road N.W. Self Employed Director of Scout Capital Corp. Calgary, Alberta T2L 0N8 Businessman - ----- ----------------------------- -------------- --------------------------- --------------------------- 2. Geoffrey P. Smith Canadian 3030 Signal Hill Drive S.W. Self Employed Director of Scout Capital Corp. Calgary, Alberta T3H 2X7 Businessman - ----- ----------------------------- -------------- --------------------------- --------------------------- 3. John Tomanek Canadian 400, 521 - 3rd Avenue S.W. Chief Financial Officer Director and Officer Calgary, Alberta T2P 3T3 Scout Capital Corp. of Scout Capital Corp. 400, 521 - 3rd Avenue S.W. Calgary, Alberta T2P 3T3 - ----- ----------------------------- -------------- --------------------------- --------------------------- 4. Jim Silye Canadian 400, 521 - 3rd Avenue S.W. President Director of Scout Capital Corp. Calgary, Alberta T2P 3T3 Tyme Holdings Inc. 400, 521 - 3rd Avenue S.W. Calgary, Alberta T2P 3T3 - ----- ----------------------------- -------------- --------------------------- --------------------------- 5. David L. Tonken Canadian 400, 521 - 3rd Avenue S.W. President Director and Officer of Calgary, Alberta T2P 3T3 Chief Executive Officer Scout Capital Corp. Scout Capital Corp. 400, 521 - 3rd Avenue S.W. Calgary, Alberta T2P 3T3 - ----- ----------------------------- -------------- --------------------------- --------------------------- 6. Timothy Tycholis Canadian 29 MacKay Drive S.W. Self Employed Director of Scout Capital Corp. Calgary, Alberta T2V 2A4 Businessman - ----- ----------------------------- -------------- --------------------------- ---------------------------
EX-2 4 a2067023zex-2.txt EX-2 EXHIBIT II SCOUT TRANSACTIONS IN THE COMMON STOCK IN THE LAST 60 DAYS TRADES EXECUTED ON THE TORONTO STOCK EXCHANGE:
DATE NUMBER OF SHARES PRICE (CDN. $) - ---- ---------------- -------------- 12/13/01 14,500 .58 12/13/01 22,500 .59 12/13/01 275,500 .60 12/13/01 23,500 .62 12/13/01 13,000 .63 12/14/01 5,000 .59 12/14/01 57,500 .58 12/14/01 45,000 .60 12/14/01 65,000 .59 12/17/01 150,000 .60 12/17/01 25,000 .59 12/17/01 697,000 .59 12/18/01 4,000 .58 12/19/01 18,500 .55 12/19/01 10,500 .54 12/19/01 6,000 .54 12/20/01 50,000 .54 12/20/01 28,000 .52 12/20/01 12,000 .53 12/21/01 2,000 .52 12/21/01 98,000 .55 12/21/01 141,500 .57
TRADES EXECUTED ON THE NASDAQ STOCK MARKET:
DATE NUMBER OF SHARES PRICE (US $) - ---- ---------------- ------------ 12/14/01 5,207 .38 12/18/01 1,500 .37 12/18/01 32,800 .38 12/21/01 100,000 .34 12/21/01 54,210 .34 12/21/01 74,600 .35
-----END PRIVACY-ENHANCED MESSAGE-----