-------------------------
OMB APPROVAL
-------------------------
OMB Number 3235-0116
Expires: August 31, 2005
Estimated average burden
hours per response.... 6
-------------------------
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE ACT OF 1934
For the months of June and July, 2003
Commission File Number 1-7953
RIO ALGOM LIMITED
(Translation of Registrant's name into English)
SUITE 3400, 66 WELLINGTON STREET WEST, M5H 1N6
TORONTO, ONTARIO, CANADA (Zip Code)
(Address of Principal Executive Offices)
(416) 868-7544
(Registrant's telephone number, including area code)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form 20-F Form 40-F X
----- -----
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1): ___
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7): ___
Indicate by check mark whether by furnishing the information contained in
this Form, the registrant 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 with this Form 6-K are the following documents:
Rio Algom Limited press release dated June 27, 2003 concerning the
redemption on August 7, 2003 of all of the issued and outstanding
US$150 million 9 3/8% preferred securities, consisting of 9 3/8%
unsecured junior subordinated debentures of Rio Algom Limited due
September 30, 2047.
Material Change Report dated July 2, 2003 filed by Rio Algom Limited
with Canadian securities regulatory authorities concerning the
redemption on August 7, 2003 of all of the issued and outstanding
US$150 million 9 3/8% preferred securities, consisting of 9 3/8%
unsecured junior subordinated debentures of Rio Algom Limited due
September 30, 2047.
Contact:
Francis McAllister
RIO ALGOM NEWS Tel: (713) 961-8625
FOR IMMEDIATE RELEASE
Toronto, Ontario - June 27, 2003 - Rio Algom Limited announced today that
it will redeem on August 7, 2003 all of the issued and outstanding US$150
million 9 3/8% preferred securities, consisting of 9 3/8% unsecured junior
subordinated debentures of Rio Algom due September 30, 2047 (CUSIP No.:
766889877). The preferred securities trade on the New York Stock Exchange
under the symbol ROM_p.
Holders of the preferred securities will be entitled to receive US$25 in
principal and US$0.234375 in accrued and unpaid interest to and including
August 6, 2003 in full payment for each US$25 principal amount of preferred
securities. Preferred securityholders will be receiving shortly a notice
setting out instructions regarding the redemption from the trustee under
the indenture governing the securities to be redeemed, The Bank of New York
(Telephone: (212) 815-5346). From and after August 7, 2003, all interest on
the preferred securities will cease.
Certain statements contained in this press release that do not relate to
historical information may be "forward-looking statements" within the
meaning of the United States Private Securities Litigation Reform Act of
1995 and thus would be prospective. Forward-looking statements are subject
to risks, uncertainties and other factors. The Corporation disclaims any
responsibility to update any forward-looking statements.
MATERIAL CHANGE REPORT
PURSUANT TO
SECTION 85(1) OF THE SECURITIES ACT (BRITISH COLUMBIA)
SECTION 146(1) OF THE SECURITIES ACT (ALBERTA)
SECTION 84(1) OF THE SECURITIES ACT (SASKATCHEWAN)
SECTION 75(2) OF THE SECURITIES ACT (ONTARIO)
SECTION 73 OF THE SECURITIES ACT (QUEBEC)
SECTION 81(2) OF THE SECURITIES ACT (NOVA SCOTIA)
SECTION 76(2) OF THE SECURITIES ACT (NEWFOUNDLAND)
ITEM 1 - REPORTING ISSUER
Rio Algom Limited
66 Wellington Street West
Suite 4200
Toronto, Ontario M5K 1N6
(the "ISSUER")
ITEM 2 - DATE OF MATERIAL CHANGE
June 27, 2003
ITEM 3 - PRESS RELEASE
The Issuer disseminated a press release on June 27, 2003 using
Canada Newswire.
ITEM 4 - SUMMARY OF MATERIAL CHANGE
On June 27, 2003, the Issuer announced that it will redeem on
August 7, 2003 all of the issued and outstanding US$150 million 9 3/8%
preferred securities, consisting of 9 3/8% unsecured junior subordinated
debentures of the Issuer due September 30, 2047 (the "SECURITIES") (CUSIP
Number: 766889877).
ITEM 5 - FULL DESCRIPTION OF MATERIAL CHANGE
On June 27, 2003, the Issuer announced that it will redeem on
August 7, 2003 all of the issued and outstanding Securities (CUSIP Number:
766889877). The Securities trade on the New York Stock Exchange under the
symbol ROM_p.
Holders of the Securities will be entitled to receive US$25 in
principal and US$0.234375 in accrued and unpaid interest to and including
August 6, 2003 in full payment for each US$25 principal amount of
Securities. The Issuer also announced that holders of the Securities will
be receiving shortly a notice setting out instructions regarding the
redemption from the trustee (The Bank of New York (Telephone: (212)
815-5346)) under the indenture governing the Securities. From and after
August 7, 2003, all interest on the Securities will cease.
ITEM 6 - RELIANCE ON CONFIDENTIALITY SECTIONS OF THE SECURITIES ACTS
Not applicable.
ITEM 7 - OMITTED INFORMATION
No material information has been omitted from this material change
report.
ITEM 8 - SENIOR OFFICER
Any enquiries with respect to this material change report should be
made to Peter de Zwart, Corporate Secretary of the Issuer, at (713)
961-8237.
ITEM 9 - STATEMENT OF SENIOR OFFICER
The foregoing accurately discloses the material change referred to
herein.
DATED this 2nd day of July, 2003.
/s/ Peter de Zwart
----------------------------
Peter de Zwart
Corporate Secretary
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.
Date: July 2, 2003
RIO ALGOM LIMITED
(Registrant)
By: /s/ Peter de Zwart
---------------------------
Name: Peter de Zwart
Title: Corporate Secretary