Schedule 13G

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

SCHEDULE 13G

(Rule 13d-102)

 

 

Information Statement Pursuant to Rules 13d-1 and 13d-2

Under the Securities Exchange Act of 1934

(Amendment No.         )1

 

 

 

 

 

Campbell Resources Inc.


(Name of Issuer)

 

 

Common Shares


(Title of Class of Securities)

 

 

134422 60 9


                                (CUSIP Number)                                

 

 

March 11, 2004


(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨ Rule 13d-1(b)

 

x Rule 13d-1(c)

 

¨ Rule 13d-1(d)

 


1   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 the disclosures provided in a prior cover page.

 

The information required in 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 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. 134422609   13G   Page 2 of 6 Pages

 


  1.  

Names of Reporting Persons

S.S or I.R.S. Identification No. of above persons

 

            RAB Special Situations LP

   

  2.  

Check the Appropriate Box if a Member of a Group*

(a)  ¨

(b)  ¨

   

  3.  

SEC Use Only

 

   

  4.  

Citizenship or Place of Organization

 

            Delaware

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  5.    Sole Voting Power

 

                3,750,000 Common Shares

                Warrants (exercisable into up to 1,875,000 Common Shares)


  6.    Shared Voting Power

 

                0


  7.    Sole Dispositive Power

 

                3,750,000 Common Shares

                Warrants (exercisable into up to 1,875,000 Common Shares)


  8.    Shared Dispositive Power

 

                0


  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

                3,750,000 Common Shares

                Warrants (exercisable into up to 1,875,000 Common Shares)

   

10.  

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

 

¨

   

11.  

Percent of Class Represented by Amount in Row 9

 

Approximately 5.5987% as of the date of filing this statement. Calculated based on 86,769,916 Common Shares issued and outstanding on March 1, 2004 and the issuance of 11,824,179 Common Shares on March 11, 2004, of which 3,750,000 Common Shares were issued to the Reporting Person. Also takes into account warrants held by the Reporting Person exercisable to acquire an additional 1,875,000 Common Shares.

   

12.  

Type of Reporting Person*

 

            PN

   

 



CUSIP No. 134422609   13G   Page 3 of 6 Pages

 

Item 1.

 

(a)

 

Name of Issuer:

 

Campbell Resources Inc.

         

Item 1.

 

(b)

  Address of Issuer’s Principal Executive Offices:          

Item 2.

 

(a)

  Name of Person Filing:          

Item 2.

 

(b)

  Address of Principal Business Office or, if none, Residence:          

Item 2.

 

(c)

 

Citizenship:

 

RAB Special Situations LP

c/o RAB Capital Limited

No. 1 Adam Street

London W2CN 6LE

United Kingdom

Delaware limited partnership

         

Item 2.

 

(d)

 

Title of Class of Securities:

 

Common Shares

         

Item 2.

 

(e)

  CUSIP Number:    134422 60 9          

 



CUSIP No. 134422609   13G   Page 4 of 6 Pages

 

Item 3.

  If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:     
    (a)   ¨   Broker or dealer registered under Section 15 of the Act;
    (b)   ¨   Bank as defined in Section 3(a)(6) of the Act;
    (c)   ¨   Insurance Company as defined in Section 3(a)(19) of the Act;
    (d)   ¨   Investment company registered under Section 8 of the Investment Company Act;
    (e)   ¨   Investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
    (f)   ¨   Employee benefit plan or endowment plan in accordance with Rule 13d-1(b)(1)(ii)(F);
    (g)   ¨   Parent holding company or control person, in accordance with Rule 13d-1(b)(1)(ii)(G);
    (h)   ¨   A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
    (i)   ¨   A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940:
    (j)   ¨   Group, in accordance with Rule 13d-1(b)(1)(ii)(j).
x    If this statement is filed pursuant to Rule 13d-1(c), check this box.

Item 4.

  

Ownership.

 

RAB Special Situations LP

         
     Provide the following information regarding the aggregate number and percentage of the class of securities identified in Item 1.
     (a)   

Amount beneficially owned:

 

3,750,000 Common Shares

Warrants (exercisable into up to 1,875,000 Common Shares)

         
     (b)   

Percent of class:

 

Approximately 5.5987% as of the date of filing this statement. Calculated based on 86,769,916 Common Shares issued and outstanding on March 1, 2004 and the issuance of 11,824,179 Common Shares on March 11, 2004, of which 3,750,000 Common Shares were issued to the Reporting Person. Also takes into account warrants held by the Reporting Person exercisable to acquire an additional 1,875,000 Common Shares.

         

 



CUSIP No. 134422609   13G   Page 5 of 6 Pages

 

    (c)   Number of shares as to which the person has:          
        (i)   Sole power to vote or to direct the vote:  See item (a) above          
        (ii)   Shared power to vote or to direct the vote:  0          
        (iii)   Sole power to dispose or to direct the disposition of:   See item (a) above          
        (iv)   Shared power to dispose or to direct the disposition of:  0          

Item 5.

 

Ownership of Five Percent or Less of a Class:

 

Not Applicable.

 

If the statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [            ].

    

Item 6.

 

Ownership of More than Five Percent on Behalf of Another Person:

 

Not Applicable

         

Item 7.

 

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company:

 

Not Applicable

Item 8.

 

Identification and Classification of Members of the Group:

 

Not Applicable

         

Item 9.

 

Notice of Dissolution of Group:

 

Not Applicable

         

Item 10.

  Certification.          

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 



CUSIP No. 134422609   13G   Page 6 of 6 Pages

 

SIGNATURE

 

After reasonable inquiry and to the best of its knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

 

Dated this 22nd day of March, 2004

 

        RAB SPECIAL SITUATIONS LP
                    By:  

/s/    William Philip Richards        

                       
                        William Philip Richards, Director