Filing Details

Accession Number:
0001209191-11-040826
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-07-25 17:53:41
Reporting Period:
2011-07-22
Filing Date:
2011-07-25
Accepted Time:
2011-07-25 17:53:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1282613 Eternal Energy Corp. EERG Metal Mining (1000) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1399800 Pelagic Institutional Lp 101 Park Avenue
21St Floor
New York NY 10178
No No Yes Yes
1400112 Ltd Fund Master Pelagic 101 Park Avenue
21St Floor
New York NY 10178
No No Yes Yes
1511936 Pelagic Capital Advisors Lp 101 Park Avenue
21St Floor
New York NY 10178
No No Yes Yes
1511937 Mcandrew Rudisill 101 Park Avenue
21St Floor
New York NY 10178
No No Yes Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2011-07-22 10,000 $0.28 5,992,500 No 4 P Direct
Common Stock Acquisiton 2011-07-25 10,000 $0.31 6,002,500 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
Footnotes
  1. This Form 4 is jointly filed by: (i) Pelagic Institutional LP; (ii) Pelagic Master Fund Ltd. (iii) Pelagic Capital Advisors LP; and (iv)] McAndrew Rudisill (all together, the "Reporting Persons"), with respect to shares of common stock ("Shares") of the Issuer beneficially owned by Pelagic Capital Advisors LP. Pelagic Capital Advisors LP is the investment advisor of Pelagic Institutional LP and Pelagic Master Fund Ltd. McAndrew Rudisill is the sole indirect owner and controls Pelagic Capital Advisors LP. Of the shares reported, Pelagic Capital Advisors LP and McAndrew Rudisill each have shared beneficial ownership of 6,002,500 Shares, Pelagic Institutional LP has shared beneficial ownership of 3,359,746 Shares, and Pelagic Master Fund Ltd. has shared beneficial ownership of 2,642,754 shares.
  2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.295 to $0.31, inclusive, on July 25, 2011. The Reporting Persons undertake to provide to Eternal Energy Corp, any security holder of Eternal Energy Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (2) to this Form 4.