UNITED 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 MONTH OF APRIL 2015
COMMISSION FILE NUMBER 0-20115
METHANEX CORPORATION
(Registrants name)
SUITE 1800, 200 BURRARD STREET, VANCOUVER, BC V6C 3M1 CANADA
(Address of principal executive offices)
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): ¨
METHANEX CORPORATION
MATERIAL CHANGE REPORT
FORM 51-102F3
1. | NAME AND ADDRESS OF COMPANY |
Methanex Corporation
1800 Waterfront Centre
200 Burrard Street
Vancouver, British Columbia V6C 3M1
2. | DATE OF MATERIAL CHANGE |
April 29, 2015
3. | NEWS RELEASE |
The press release announcing this material change was issued on April 29, 2015 in Canada and the United States.
4. | SUMMARY OF MATERIAL CHANGE |
Methanex Corporation announced on April 29, 2015 that its Board of Directors has approved a new 5% share repurchase program.
5. | FULL DESCRIPTION OF MATERIAL CHANGE |
5.1 | FULL DESCRIPTION OF MATERIAL CHANGE |
The Company announced on April 29, 2015 that its Board of Directors has approved a new normal course issuer bid to commence on May 6, 2015 and end no later than May 5, 2016. Under the new bid, the Company is able to purchase for cancellation over the facilities of the TSX and alternative trading systems in Canada up to 4,554,115 common shares, representing approximately 5% of the 91,082,312 shares issued and outstanding as at April 29, 2015.
Purchases under the new bid will be made from time to time at the then current market price of the Companys common shares as traded on the TSX. Subject to certain exceptions for block purchases, daily repurchases under the program will not exceed 81,201 common shares, representing 25% of the Companys average daily trading volume on the TSX for the six month period ended on March 31, 2015. The Company has entered into an automatic securities purchase plan with its broker in connection with purchases to be made under this program.
5.2 | DISCLOSURE FOR RESTRUCTURING TRANSACTIONS |
Not applicable.
6. | RELIANCE ON SUBSECTION 7.1(2) OF NATIONAL INSTRUMENT 51-102 |
Not applicable.
7. | OMITTED INFORMATION |
Not applicable.
8. | EXECUTIVE OFFICER |
For further information, contact:
Kevin Price
VP, Legal, Assistant General Counsel & Corporate Secretary
(604) 661 2658
9. | DATE OF REPORT |
April 30, 2015
METHANEX CORPORATION | ||
| ||
Name: |
Kevin Price | |
Title: |
Vice President, Legal Assistant General Counsel and 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.
METHANEX CORPORATION | ||||||||
Date: April 30, 2015 |
By: |
/s/ KEVIN PRICE | ||||||
Name: |
Kevin Price | |||||||
Title: |
Vice President, Legal Assistant General Counsel & Corporate Secretary |