EMX EMX Royalty Corporation

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 2)*

 

EURASIAN MINERALS INC.

(Name of Issuer)

Common Shares, no par value

(Title of Class of Securities)

29843R100

(CUSIP Number)

December 31, 2014

(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)

 

*  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 this 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. 29843R100

SCHEDULE 13G

Page 2 of 14

 

 

1.	NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)   Mason Hill Advisors LLC
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)   (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   0
		6.	SHARED VOTING POWER   2,224,200
		7.	SOLE DISPOSITIVE POWER   0
		8.	SHARED DISPOSITIVE POWER   2,224,200
9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,224,200
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ¨
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.03%1
12.	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA

 

¹ This calculation is based on 73,361,710 common shares, no par value, of Eurasian Minerals Inc. (the “Issuer”) outstanding as of November 12, 2014 as reported in the Issuer’s Management Discussion and Analysis for the nine month period ended September 30, 2013, which was filed with the Securities and Exchange Commission on November 17, 2014 as Exhibit 99.2 to the Issuer’s Report of Foreign Private Issuer on Form 6-K.

 

 

CUSIP No. 29843R100

SCHEDULE 13G

Page 3 of 14

 

 

1.	NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)   Equinox Asset Management LLC
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)   (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   0
	6.	SHARED VOTING POWER   2,224,200
	7.	SOLE DISPOSITIVE POWER   0
	8.	SHARED DISPOSITIVE POWER   2,224,200
9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,224,200
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ¨
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.03%1
12.	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC, OO

 

 

¹See Footnote 1.

 

 

CUSIP No. 29843R100

SCHEDULE 13G

Page 4 of 14

 

 

1.	NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)   Equinox Partners, L.P.
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)   (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   0
	6.	SHARED VOTING POWER   1,969,900
	7.	SOLE DISPOSITIVE POWER   0
	8.	SHARED DISPOSITIVE POWER   1,969,900
9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,969,900
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ¨
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.69%1
12.	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN

 

¹See Footnote 1.

 

 

 

CUSIP No. 29843R100

SCHEDULE 13G

Page 5 of 14

 

 

1.	NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)   Mason Hill Partners, LP
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)   (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   0
	6.	SHARED VOTING POWER   254,300
	7.	SOLE DISPOSITIVE POWER   0
	8.	SHARED DISPOSITIVE POWER   254,300
9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 254,300
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ¨
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.35%1
12.	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN

 

¹See Footnote 1.

 

 

CUSIP No. 29843R100

SCHEDULE 13G

Page 6 of 14

 

 

1.	NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)   Equinox Illiquid General Partner, LP
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)   (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   0
	6.	SHARED VOTING POWER   0
	7.	SOLE DISPOSITIVE POWER   0
	8.	SHARED DISPOSITIVE POWER   0
9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ¨
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.00%1
12.	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN

 

¹See Footnote 1.

 

 

CUSIP No. 29843R100

SCHEDULE 13G

Page 7 of 14

 

 

1.	NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)   Equinox Illiquid Fund, LP
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)   (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   0
	6.	SHARED VOTING POWER   0
	7.	SOLE DISPOSITIVE POWER   0
	8.	SHARED DISPOSITIVE POWER   0
9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ¨
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.00%1
12.	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN

 

¹See Footnote 1.

 

 

CUSIP No. 29843R100

SCHEDULE 13G

Page 8 of 14

 

 

1.	NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)   Sean M. Fieler
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)   (a) ¨ (b) ¨
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION United States of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5.	SOLE VOTING POWER   73,950
	6.	SHARED VOTING POWER   2,490,300
	7.	SOLE DISPOSITIVE POWER   73,950
	8.	SHARED DISPOSITIVE POWER   2,490,300
9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,564,250
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ¨
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.50%1
12.	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN

 

¹See Footnote 1.

 

 

CUSIP No. 29843R100

SCHEDULE 13G

Page 9 of 14

 

 

Item 1.

 

(a) Name of Issuer

 

The issuer is Eurasian Minerals Inc., a company incorporated in British Columbia (the “Issuer”).

 

(b) Address of Issuer’s Principal Executive Offices:

 

543 Granville Street, Suite 501, Vancouver, British Columbia, Canada V6C 1X8.

 

Item 2.

 

(a) Name of Persons Filing

 

The persons filing this Amendment No. 2 to statement on Schedule 13G are Mason Hill Advisors LLC, a Delaware limited liability company (“Mason Hill”), Equinox Asset Management LLC, a Delaware limited liability company (“EAM”), Equinox Partners, L.P., a Delaware limited partnership (“Equinox Partners”), Mason Hill Partners, LP, a Delaware Limited Partnership (“Mason Hill Partners”), Equinox Illiquid General Partner, LP, a Delaware limited partnership (“Illiquid GP”), Equinox Illiquid Fund, LP, a Delaware limited partnership (“Illiquid”), and Sean M. Fieler (together with Mason Hill, EAM, Equinox Partners, Mason Hill Partners and Illiquid GP, the “Reporting Persons”).      

 

Mason Hill’s principal business is serving as an investment adviser to certain affiliated funds, including Equinox Partners, Mason Hill Partners and Illiquid.

 

EAM’s principal business is serving as the sole general partner of each of Equinox Partners and Mason Hill Partners.

 

Illiquid GP’s principal business is serving as the sole general partner of Illiquid.

 

Each of Equinox Partners, Mason Hill Partners and Illiquid (collectively, the “Funds”) is a private investment fund.

 

Mr. Fieler owns a controlling interest in Mason Hill and is the managing member of each of Mason Hill and EAM.

 

The Reporting Persons have entered into a Joint Filing Agreement, a copy of which was attached as Exhibit 99.1 to the Schedule 13G filed by the Reporting Persons on April 24, 2013, pursuant to which the Reporting Persons have agreed to file the statement and any amendments thereto jointly in accordance with the provisions of Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended.

 

(b) Address of Principal Business Office or, if none, Residence

 

The address of the principal business office of each of the Reporting Persons is 623 Fifth Avenue, 27th Floor, New York, New York 10022.

 

(c) Citizenship

 

 

CUSIP No. 29843R100

SCHEDULE 13G

Page 10 of 14

 

Mr. Fieler is a United States citizen.  Each of the other Reporting Persons is organized under the laws of the State of Delaware.

 

(d) Title of Class of Securities

 

Common shares, no par value (“Common Shares”).

 

(e) CUSIP Number

 

29843R100

 

Item 3. If this Statement is Filed Pursuant to Rule 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 Exchange Act;
(b)	¨	Bank as defined in Section 3(a)(6) of the Exchange Act;
(c)	¨	Insurance company as defined in Section 3(a)(19) of the Exchange Act;
(d)	¨	Investment company registered under Section 8 of the Investment Company Act;
(e)	¨	An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f)	¨	An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
(g)	¨	A 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;
(j)	¨	Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

 

 

 

CUSIP No. 29843R100

SCHEDULE 13G

Page 11 of 14

 

 

Item 4. Ownership.

 

2,224,200 of the Common Shares reported in this Schedule 13G are owned by the Funds.  Each of Mr. Fieler, Mason Hill, EAM and Illiquid GP disclaims beneficial ownership of such Common Shares for all purposes other than as described below. Mr. Fieler directly beneficially owns 73,950 Common Shares reported in this Schedule 13G and may be deemed to indirectly beneficially own 266,100 Common Shares reported in this Schedule 13G which his wife, Cecilia Fieler, directly beneficially owns and disclaims beneficial ownership of the 266,100 Common Shares for all purposes other than described below.

 

A.  Mason Hill Advisors LLC

 

(a) Amount beneficially owned

 

As of December 31, 2014, Mason Hill may be deemed to beneficially own 2,224,200 Common Shares.

 

(b) Percent of class

 

The number of Common Shares that Mason Hill may be deemed to beneficially own is 3.03% of the Common Stock outstanding.

 

(c) Number of shares as to which the person has

 

(i) Sole power to vote or to direct the vote: 0

 

(ii) Shared power to vote or to direct the vote: 2,224,200

 

(iii) Sole power to dispose or to direct the disposition of: 0

 

(iv) Shared power to dispose or to direct the disposition of: 2,224,200

 

B.  Equinox Asset Management LLC

 

(a) Amount beneficially owned

 

As of December 31, 2014, EAM may be deemed to beneficially own 2,224,200 Common Shares.

 

(b) Percent of class

 

The number of Common Shares that EAM may be deemed to beneficially own is 3.03% of the Common Stock outstanding.

 

(c) Number of shares as to which the person has

 

(i) Sole power to vote or to direct the vote: 0

 

(ii) Shared power to vote or to direct the vote: 2,224,200

 

(iii) Sole power to dispose or to direct the disposition of: 0

 

 

 

CUSIP No. 29843R100

SCHEDULE 13G

Page 12 of 14

 

 

(iv) Shared power to dispose or to direct the disposition of: 2,224,200

 

C.  Equinox Partners, L.P.

 

(a) Amount beneficially owned

 

As of December 31, 2014, Equinox Partners may be deemed to beneficially own 1,969,900 Common Shares.

 

(b) Percent of class

 

The number of Common Shares that Equinox Partners may be deemed to beneficially own is 2.69% of the Common Stock outstanding.

 

(c) Number of shares as to which the person has

 

(i) Sole power to vote or to direct the vote: 0

 

(ii) Shared power to vote or to direct the vote: 1,969,900

 

(iii) Sole power to dispose or to direct the disposition of: 0

 

(iv) Shared power to dispose or to direct the disposition of: 1,969,900

 

D.  Mason Hill Partners, LP

 

(a) Amount beneficially owned

 

As of December 31, 2014, Mason Hill Partners may be deemed to beneficially own 254,300 Common Shares.

 

(b) Percent of class

 

The number of Common Shares that Mason Hill Partners may be deemed to beneficially own is 0.35% of the Common Stock outstanding.

 

(c) Number of shares as to which the person has

 

(i) Sole power to vote or to direct the vote: 0

 

(ii) Shared power to vote or to direct the vote: 254,300

 

(iii) Sole power to dispose or to direct the disposition of: 0

 

(iv) Shared power to dispose or to direct the disposition of: 254,300

 

 

 

CUSIP No. 29843R100

SCHEDULE 13G

Page 13 of 14

 

 

E.  Sean M. Fieler

 

(a) Amount beneficially owned

 

As of December 31, 2014, Mr. Fieler may be deemed to beneficially own 2,564,250 Common Shares.

 

(b) Percent of class

 

The number of Common Shares that Mr. Fieler may be deemed to beneficially own is 3.50% of the Common Stock outstanding.

 

(c) Number of shares as to which the person has

 

(i) Sole power to vote or to direct the vote: 73,950

 

(ii) Shared power to vote or to direct the vote: 2,490,300

 

(iii) Sole power to dispose or to direct the disposition of: 73,950

 

(iv) Shared power to dispose or to direct the disposition of: 2,490,300

 

Item 5. Ownership of Five Percent or Less of a Class.

 

If this statement is being filed to report the fact that as of the date hereof, the Reporting Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following x.

 

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 or Control Person

See information in Item 2 above.

 

Item 8. Identification and Classification of Members of the Group.

 

Not applicable.

 

Item 9. Notice of Dissolution of Group.

 

Not applicable.

 

Item 10. Certification.

 

Each of the Reporting Persons hereby makes the following 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. 29843R100

SCHEDULE 13G

Page 14 of 14

 

 

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.

 

Date:  February 9, 2015

     

MASON HILL ADVISORS LLC   By: /s/ Sean M. Fieler                                                                          Name:  Sean M. Fieler Title:  Manager	EQUINOX ASSET MANAGEMENT LLC   By: /s/ Sean M. Fieler                                                                                 Name:  Sean M. Fieler Title:  Manager
EQUINOX PARTNERS, L.P.   By:  Equinox Asset Management LLC, its general partner   By: /s/ Sean M. Fieler                                                                        Name:  Sean M. Fieler Title:  Manager	MASON HILL PARTNERS, LP   By:  Equinox Asset Management LLC, its general partner   By: /s/ Sean M. Fieler                                                                         Name:  Sean M. Fieler Title:  Manager
EQUINOX ILLIQUID GENERAL PARTNER, LP   By: /s/ Sean M. Fieler                                                                         Name:  Sean M. Fieler Title:  Authorized Signatory	EQUINOX ILLIQUID FUND, LP   By:  Equinox Illiquid General Partner, LP, its general partner   By: /s/ Sean M. Fieler                                                                               Name:  Sean M. Fieler Title:  Authorized Signatory
SEAN M. FIELER   By: /s/ Sean M. Fieler