0001085037-14-000109.txt : 20141003 0001085037-14-000109.hdr.sgml : 20141003 20141003112829 ACCESSION NUMBER: 0001085037-14-000109 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20141003 DATE AS OF CHANGE: 20141003 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NATION ENERGY INC CENTRAL INDEX KEY: 0001081183 STANDARD INDUSTRIAL CLASSIFICATION: OIL AND GAS FIELD EXPLORATION SERVICES [1382] IRS NUMBER: 592887569 STATE OF INCORPORATION: WY FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-59767 FILM NUMBER: 141138813 BUSINESS ADDRESS: STREET 1: RPO BOX 60610 GRANVILLE PARK CITY: VANCOUVER STATE: A1 ZIP: V6H 4B9 BUSINESS PHONE: (604) 331-3399 MAIL ADDRESS: STREET 1: RPO BOX 60610 GRANVILLE PARK CITY: VANCOUVER STATE: A1 ZIP: V6H 4B9 FORMER COMPANY: FORMER CONFORMED NAME: NATIONAL ENERGY INC DATE OF NAME CHANGE: 20000330 FORMER COMPANY: FORMER CONFORMED NAME: EXCALIBUR CONTRACTING INC DATE OF NAME CHANGE: 20000329 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SEXTAN CAPITAL CENTRAL INDEX KEY: 0001243984 IRS NUMBER: 000000000 STATE OF INCORPORATION: NV FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1100-609 WEST HASTINGS STREET CITY: VANCOUVER STATE: A1 ZIP: 00000 SC 13D/A 1 schedule13d012201.htm SCHEDULE 13D/A schedule13d012201.htm
UNITED STATES
 
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 
 
SCHEDULE 13D/A
 
Under the Securities Exchange Act of 1934
 

NATION ENERGY, INC.
(Name of Issuer)

Common Stock, $0.001 Par Value
(Title of Class of Securities)

632383 105
(CUSIP Number)

copy to:
John Hislop
RPO 60610, Granville Park
Vancouver, British Columbia V6H 4B9 Canada
Telephone: 778.785.6108
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

January 22, 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 that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box  [   ].
 
Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See 240.13d-7(b) for other parties to whom copies are to be sent.
 
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
 
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 
 


 
CUSIP No.
632383 105

1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Sextan Capital(1)
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  [   ]
(b)  [   ]
3
SEC USE ONLY
     
4
SOURCE OF FUNDS (See Instructions)
AF
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
                                                                       [   ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF
 
SHARES
 
BENEFICIALLY
 
OWNED BY
 
EACH
 
REPORTING
 
PERSON
 
WITH
7
SOLE VOTING POWER
  
   
8
SHARED VOTING POWER
  
3,000,000
  
9
SOLE DISPOSITIVE POWER
  
   
10
SHARED DISPOSITIVE POWER
  
3,000,000
  
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,000,000 shares of common stock
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
      [   ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
27.2% based on 11,020,000 common shares outstanding as of January 22, 2001
14
TYPE OF REPORTING PERSON (See Instructions)
CO
 
(1)  
Sextan Capital is a 100% wholly owned subsidiary of Q Investments Ltd. (formerly Cubix Investments Ltd.).  John Hislop is the sole director and officer of Sextan Capital.

 
2
 


 
CUSIP No.
632383 105

1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Q Investments Ltd. (formerly Cubix Investments Ltd.)(1)
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  [   ]
(b)  [   ]
3
SEC USE ONLY
     
4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
                                                                       [   ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
British Columbia
NUMBER OF
 
SHARES
 
BENEFICIALLY
 
OWNED BY
 
EACH
 
REPORTING
 
PERSON
 
WITH
7
SOLE VOTING POWER
  
   
8
SHARED VOTING POWER
  
3,000,000
  
9
SOLE DISPOSITIVE POWER
  
   
10
SHARED DISPOSITIVE POWER
  
3,000,000
  
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,000,000 shares of common stock
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
      [   ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
27.2% based on 11,020,000 common shares outstanding as of January 22, 2001
14
TYPE OF REPORTING PERSON (See Instructions)
HC
 
(1)           Q Investments Ltd. (formerly Cubix Investments Ltd.) is the 100% beneficial owner of Sextan Capital.
 

 
3
 

CUSIP No.
632383 105

1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
John Hislop
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  [   ]
(b)  [   ]
3
SEC USE ONLY
     
4
SOURCE OF FUNDS (See Instructions)
AF
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
                                                                       [   ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Canadian
NUMBER OF
 
SHARES
 
BENEFICIALLY
 
OWNED BY
 
EACH
 
REPORTING
 
PERSON
 
WITH
7
SOLE VOTING POWER
  
228,000(1)
  
8
SHARED VOTING POWER
  
3,000,000(2)
  
9
SOLE DISPOSITIVE POWER
  
228,000(1)
  
10
SHARED DISPOSITIVE POWER
  
3,000,000(2)
  
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,228,000 shares of common stock
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
      [   ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
29.3% based on 11,020,000 common shares outstanding as of January 22, 2001
14
TYPE OF REPORTING PERSON (See Instructions)
IN
 
(1)  
These shares are held directly by John Hislop.
 
(2)  
These shares are held by Sextan Capital.  John Hislop is the sole director and officer of Sextan Capital.  Sextan Capital is a 100% wholly owned subsidiary of Q Investments Ltd. (formerly Cubix Investments Ltd.).
 
 
 
 

 
4
 
Item 1.  Security and Issuer
 
This Statement relates to shares of common stock with $0.001 par value per share of Nation Energy, Inc. (the “Issuer”). The principal executive offices of the Issuer are located at RPO 60610, Granville Park, Vancouver, BC  V6H 4B9.
 
Item 2.  Identity and Background
 
(a)
Name:
 
 
John Hislop (“Hislop”)
 
 
Sextan Capital (“Sextan”)
 
 
Q Investments Ltd. (“Q Investments”) (formerly Cubix Investments Ltd.)
 
 
(Hislop, Sextan and Q Investments collectively referred to as the “Reporting Persons”)
 
(b)
Residence or business address:
 
 
Hislop – RPO 60610, Granville Park, Vancouver, BC  V6H 4B9
 
 
Sextan – 101 Convention Centre Drive, Suite 1200 Las Vegas, NV  89109
 
 
Q Investments – Sofia House, 48 Church Street, PPO Box 1617, Hamilton, Bermuda  HM GX
 
(c)
Hislop is the President, Chief Executive Officer, Chief Financial Officer and a director of the Issuer and a citizen of Canada.
 
Sextan is a venture investment corporation organized under the laws of the State of Nevada which takes early equity and or debt positions in emerging growth companies.
 
Q Investments, an investment holding corporation organized under the laws of the Province of British Columbia, is a reporting company listed on the TSX Venture Exchange.  Q Investments is the 100% beneficial owner of Sextan.
 
(d)
None of Hislop, Sextan, Q Investments, nor their respective directors and officers, has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanours).
 
(e)
None of Hislop, Sextan, Q Investments, nor their respective directors and officers has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
 
Item 3.  Source and Amount of Funds or Other Considerations
 
On January 22, 2001, Sextan acquired 3,000,000 common shares from the Issuer in a transaction exempt from the registration requirements of Section 5 of the Securities Act of 1933 (the “1933 Act), for an aggregate price of $3,000,000.  Sextan used working capital from its parent corporation, Q Investments, for the cash purchase.
 
Item 4.  Purpose of Transaction
 
The Reporting Persons acquired the securities of the Issuer for investment purposes, but may transfer or sell such securities as necessary and in accordance with applicable securities laws.
 
As of the date hereof, except as described above, the Reporting Persons do not have any plans or proposals which relate to or would result in:

 
•
The acquisition by any person of additional securities of the issuer, or the disposition of securities of the Issuer;
     
 
•
An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;
     
 
•
A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries;
     
 
•
Any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;
     
 
•
Any material change in the present capitalization or dividend policy of the Issuer;
     
 
•
Any other material change in the issuer's business or corporate structure, including but not limited to, if the Issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by Section 13 of the Investment Company Act of 1940;
     
 
•
Changes in the Issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the issuer by any person;
     
 
•
Causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;
     
 
•
A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or
     
 
•
Any action similar to any of those enumerated above.
 


 
5
 
 
Item 5.  Interest in Securities of the Issuer

(a)
The aggregate number and percentage of common stock of the Issuer beneficially owned by Sextan is 3,000,000 shares, or approximately 27.2% of outstanding common stock of the Issuer, based on 11,020,000 shares of common stock outstanding as at January 22, 2001.
The aggregate number and percentage of common stock of the Issuer indirectly owned by Q Investments is 3,000,000 shares, or approximately 27.2% of outstanding common stock of the Issuer, based on 11,020,000 shares of common stock outstanding as January 22, 2001.
The aggregate number and percentage of common stock of the Issuer owned by Hislop is 3,228,000 shares, or approximately 29.3% of outstanding common stock of the Issuer, based on 11,020,000 shares of common stock outstanding as January 22, 2001. Of these shares, 228,000 shares are held directly by Hislop and 3,000,000 shares are held by Sextan.
   
(b)
Hislop, Sextan and Q Investments each have shared power to vote or direct the vote, and to dispose or direct the disposition of 3,000,000 shares of common stock of the Issuer.
 
Hislop has the sole dispositive power to vote or direct the vote, and to dispose or direct the disposition of 228,000 shares of common stock of the Issuer.
   
(c)
The response to Item 3 is responsive to this Item.
   
(d)
Not applicable
   
(e)
Not applicable
 
Item 6.  Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
 
Except as set forth above or set forth in the exhibits, there are no contracts, arrangements, understandings or relationships between the Reporting Persons and any other person with respect to any securities of the Issuer.
 
Item 7.  Material to Be Filed as Exhibits
 
 
None
 
Signature
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: October 3, 2014
/s/ John Hislop
John Hislop
   
 

Dated: October 3, 2014
SEXTAN CAPITAL
/s/ John Hislop
Authorized Signatory – John Hislop
   
 

Dated: October 3, 2014
Q INVESTMENTS LTD.
/s/ John Hislop
Authorized Signatory – John Hislop
   
 
The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative.  If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of this filing person), evidence of the representative’s authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference.  The name and any title of each person who signs the statement shall be typed or printed beneath his signature.
 
Attention:  Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001).

 
6