ENERGIZER RESOURCES INC T.EGZ

Interessting that large holders haven't sold

[riverrock]

https://ih.advfn.com/p.php?pid=nmona&article=67930732

If we add the shares listed in the first char,t minus those of VR Global Partners and then add both JP Morgan and VR Global Partners and neglect the company insiders in the second Chart it comes to 35.14M +33.39M+40.51M for a total of 109.04 million shares held by the large holders.

I have not found any info concerning sale of shares held by either company insiders and large holders such as JP Morgan, VR global Partners etc.

So it seems that the large holders and company insiders have not been selling for some reason..

First Chart

	Before Offering			After Offering
Name	Total Number of Shares Beneficially Owned	Percentage of Shares Owned(1)	Number of Shares Offered	Shares Owned(2)	Percentage of Shares Owned
VR Global Partners, LP(3)	40,509,570	11.58%	5,001,000	35,508,570	10.15%
P. David McNeely(4)	9,474,999	3.02%	4,374,999	5,100,000	1.63%
Robert HW. Wells(5)	7,184,500	2.29%	4,999,500	2,185,000	*
Anson Investments Master Fund LP(6)	5,001,000	1.59%	5,001,000	-	*
Dr. T. Ewert Inc.(7)	3,124,999	1.00%	3,124,999	-	*
Stichting Bewaarder Commodity Discovery Fund(8)	2,737,000	*	2,250,000	487,000	*
Marquest Mutual Fund Inc. - Explorer Series Fund by its investment manager Marquest Asset Management Inc.(9)	2,726,181	*	562,500	2,163,681	*
Marquest Small/Mid Cap Fund by its investment manager Marquest Asset Management Inc.(10)	2,312,499	*	2,312,499	-	*
Marquest Asset Management Inc. for Endeavour Growth Fund(11)	1,749,999	*	1,749,999	-	*
Marquest Resource Fund by its Investment manager Marquest Asset Management Inc.(12)	375,000	*	375,000	-	*
W. Stanley Dart(13)	300,000	*	300,000	-	*
Brent & Jacqueline Reynolds(14)	150,000	*	150,000	-	*

*

Represents less than one percent of the outstanding common shares. If we fail to obtain a final receipt for the final prospectus and file (and have in effect) the registration statement by August 2, 2015, the holders of special warrants will be entitled to receive 1.1 common shares (instead of one common share) and 0.55 of a warrant (instead of 0.5 of a warrant) on the deemed exercise of the special warrants. The holdings above do not include the additional securities issuable in such event.

(1)

Denominator used for calculation is each individual’s or entity’s Unit Shares plus the Company’s current outstanding common shares of 309,384,672 (assuming conversion of the special warrants).

Second Chart

Name and Address of Beneficial Owner	Number of Common Shares Beneficially Owned	Percentage of Outstanding Common Shares Beneficially Owned(1)
V. Peter Harder, Chairman of the Board, Director 5538 Pattapiece Crescent Manotick, Ontario, Canada (2) (15)	2,125,000	0.7%
John Sanderson, Vice-Chairman of the Board & Director 1721 – 27th Street West Vancouver, BC, Canada (3) (14) (15)	1,700,000	0.5%
Richard Schler, Chief Executive Officer & Director 80 Greybeaver Trail Toronto, Ontario, Canada (4) (15)	10,860,000	3.4%
Craig Scherba, President, COO & Director 1480 Willowdown Road, Oakville, Ontario, Canada (5) (15)	4,200,000	1.3%
Robin Borley, SVP Mine Development & Director Waterfall Country Estate, Gauteng, South Africa (6) (15)	850,000	0.3%
Peter Liabotis, Chief Financial Officer & SVP 2261 Rockingham Drive, Oakville, Ontario, Canada (7) (15)	4,031,000	1.3%
Quentin Yarie, SVP Exploration & Director 196 McAllister Road North York, Ontario (8) (15)	3,350,000	1.1%
Albert A. Thiess, Jr., Director 8 Lawson’s Pond Court Bluffton, SC, USA (9) (14) (15)	725,000	0.2%
Brent Nykoliation, SVP 161 Fallingbrook Road Toronto, Ontario, Canada (10) (15)	4,975,000	1.6%
Dean Comand, Director 131 Garden Avenue Ancaster, Ontario, Canada (11) (14) (15)	400,000	0.1%
Dalton Larson, Director 3629 Canterbury Drive Surrey, BC, Canada (12) (15)	1,300,000	0.4%
All directors and executive officers as a group (11 persons)	34,516,000	10.9%
JPMorgan Asset Management (UK) Limited 270 Park Ave New York, NY 10017 (16)	33,393,600	9.7%
VR Global Partners, LP Intertrust Corporate Services (Cayman) Ltd. 190 Elgin Ave. Georgetown, Grand Cayman, KY1-9005 Cayman Islands	40,509,570	11.6%

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