UNITIED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 of
The Securities Exchange Act of 1934
For the period of November 22, 2004
Commission File Number: 0-17551
Trans-Orient Petroleum Ltd.
(Translation of registrant’s name into English)
Suite 1407 - 1050 Burrard Street
Vancouver B.C. Canada V6Z 2S3
(Address of principal executive offices)
(Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F)
Form 20-F x Form 40-F¨
(Indicate by check mark whether the registrant by furnishing the information contained in this form is
also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.)
Yes ¨ No x
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _______
SUBMITTED HEREWITH
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| | Trans-Orient Petroleum Ltd. |
| | |
| | |
| By: | /s/ Peter Loretto |
| | Peter Loretto |
| | President |
| | Chief Executive Officer |
Date: November 22, 2004 | | |
This is the form of material change report required under section 85(1) of the Securities Act.
FORM F51-102F3
Securities Act
MATERIAL CHANGE REPORT UNDER SECTION 85(1) OF THE ACT
Item 1. | Name and Address of Company |
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| Trans-Orient Petroleum Ltd. 1407-1050 Burrard Street Vancouver, B.C. V6Z 2S3 |
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Item 2. | Date of Material Change |
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| On or about November 22, 2004 |
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Item 3. | News Release |
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| November 22, 2004, Vancouver, B.C. |
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Item 4. | Summary of Material Change |
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Trans-Orient to Exercise Austral Warrants Trans-Orient Petroleum Ltd., (OTCBB:TOPLF) announced today that it has sold 550,000 shares of its investment in an affiliated company, Austral Pacific Energy Ltd. ("Austral") (TSX-V: APX and OTC BB: APXYF) at a price of CAD$3.50 per share. The Company will use the proceeds of this sale to exercise 836,845 outstanding Austral share purchase warrants that Trans-Orient holds of Austral at an exercise price of US$1.50. |
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Item 5. | Full Description of Material Change |
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Vancouver, BC, November 22, 2004 - Trans-Orient Petroleum Ltd., (OTCBB:TOPLF) announced today that it has sold 550,000 shares of its investment in an affiliated company, Austral Pacific Energy Ltd. ("Austral") (TSX-V: APX and OTC BB: APXYF) at a price of CAD$3.50 per share. The share sale was effected through the facilities of the TSX Venture Exchange. The Company will use the proceeds of this sale to exercise 836,845 outstanding Austral share purchase warrants that Trans-Orient holds of Austral at an exercise price of US$1.50. Upon completion of the exercise of warrants transaction, Trans-Orient will hold 1,240,990 shares or approximately 7.79% of Austral's shares and will continue to hold an additional 382,750 share purchase warrants in Austral. Vancouver businessman, Peter Loretto, the controlling shareholder of Trans-Orient will own, upon completion of the two transactions, 13.75% of Austral inclusive of his indirect holdings through Trans-Orient. Currently, Trans-O rient Petroleum Ltd. has 2,516,823 shares outstanding. For further Information Contact: Peter Loretto of Trans-Orient Petroleum Ltd. at 604-682-6496 |
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Item 6. | Reliance on subsection 7.1(2) or (3) of National Instrument 51-102 |
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| N/A |
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Item 7. | Omitted Information |
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| None |
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Item 8. | Executive Officer |
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| Peter Loretto, President and Chief Executive Officer (604) 682-6496 |
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Item 9. | Date of Report |
| November 22, 2004 |
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| "Peter Loretto" ______________________________ Peter Loretto, President/Chief Executive OfficerPlace of Declaration: Vancouver, British Columbia |