UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
Riley Exploration Permian, Inc.
(Name of Issuer)
Common stock, $.001 par value per share
(Title of Class of Securities)
76665T 102
(CUSIP Number)
Sandra VandenBrink
Chief Investment Officer
512, 50 Brentwood Common NW
Calgary, Alberta, Canada T2L 2M4
(403) 531-0080
(Name, Address and Telephone Number of Person Authorized
to
Receive Notices and Communications)
October 10, 2023
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement
on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e),
240.13d-l(f) or 240.13d-l(g), check the following box. ☐
Note: Schedules filed in paper
format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-7 for other parties to
whom copies are to be sent.
* | 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 disclosures provided in a prior cover page. |
The information required on 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 (“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).
1. |
Names of Reporting Person:
Tokay Capital Corp. |
2. |
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ☐
(b) ☐ |
3. |
SEC Use Only |
4. |
Source of Funds (See Instructions):
N/A |
5. |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ☐ |
6. |
Citizenship or Place of Organization:
Alberta, Canada |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH |
7. |
Sole Voting Power:
807,894* |
8. |
Shared Voting Power:
0 |
9. |
Sole Dispositive Power:
807,894* |
10. |
Shared Dispositive Power:
0 |
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person:
807,894* |
12. |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions): ☐ |
13. |
Percent of Class Represented by Amount in Row (11):
4.0%** |
14. |
Type of Reporting Person (See Instructions):
CO |
* | Represents 807,894 shares of
Common Stock owned directly by Tokay Capital Corp., which is the parent company of Texel Resources Inc., which is wholly owned by the
Estate of Antonie VandenBrink. |
** | Based on 20,177,363 shares
of Common Stock reported by the Issuer as outstanding as of August 31, 2023, as reported by the Issuer in its Prospectus filed with the
Securities and Exchange Commission (the “SEC”) on September 1, 2023. |
1. |
Names of Reporting Person:
Texel Resources Inc. |
2. |
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ☐
(b) ☐ |
3. |
SEC Use Only |
4. |
Source of Funds (See Instructions):
N/A |
5. |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ☐ |
6. |
Citizenship or Place of Organization:
Alberta, Canada |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH |
7. |
Sole Voting Power:
807,894* |
8. |
Shared Voting Power:
0 |
9. |
Sole Dispositive Power:
807,894* |
10. |
Shared Dispositive Power:
0 |
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person:
807,894* |
12. |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions): ☐ |
13. |
Percent of Class Represented by Amount in Row (11):
4.0%** |
14. |
Type of Reporting Person (See Instructions):
CO |
* | Represents 807,894 shares of
Common Stock owned directly by Tokay Capital Corp., which is the parent company of Texel Resources Inc., which is wholly owned by the
Estate of Antonie VandenBrink. |
** | Based on 20,177,363 shares
of Common Stock reported by the Issuer as outstanding as of August 31, 2023, as reported by the Issuer in its Prospectus filed with the
Securities and Exchange Commission (the “SEC”) on September 1, 2023. |
1. |
Names of Reporting Person:
The Estate of Antonie VandenBrink |
2. |
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ☐
(b) ☐ |
3. |
SEC Use Only |
4. |
Source of Funds (See Instructions):
N/A |
5. |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ☐ |
6. |
Citizenship or Place of Organization:
Alberta, Canada |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH |
7. |
Sole Voting Power:
807,894* |
8. |
Shared Voting Power:
0 |
9. |
Sole Dispositive Power:
807,894* |
10. |
Shared Dispositive Power:
0 |
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person:
807,894* |
12. |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions): ☐ |
13. |
Percent of Class Represented by Amount in Row (11):
4.0%** |
14. |
Type of Reporting Person (See Instructions):
OO (Estate) |
* | Represents 807,894 shares of
Common Stock owned directly by Tokay Capital Corp., which is the parent company of Texel Resources Inc., which is wholly owned by the
Estate of Antonie VandenBrink. |
** | Based on 20,177,363 shares
of Common Stock reported by the Issuer as outstanding as of August 31, 2023, as reported by the Issuer in its Prospectus filed with the
SEC on September 1, 2023. |
Item 1. Security and Issuer
This Amendment No. 3 (this
“Amendment”) amends and supplements the Statement of Beneficial Ownership on Schedule 13D (as amended, the “Statement”)
filed by Boomer Petroleum, LLC with the SEC on March 8, 2021 with respect to the common stock, $0.001 par value per share (the “Common
Stock”), of Riley Exploration Permian, Inc., a Delaware corporation (the “Issuer”), as amended by Amendment No. 1 filed
with the SEC on December 7, 2021 and Amendment No. 2 filed with the SEC on July 14, 2023. The Issuer reports that its principal executive
offices are located at 29 E. Reno Avenue, Suite 500, Oklahoma City, Oklahoma 73104.
Except as set forth herein,
the Statement is unmodified. Capitalized terms used but not defined in this Amendment have the meaning ascribed to such term in the Statement.
As set forth below, as a result
of the transactions described in Item 5, on October 10, 2023, the Reporting Persons (as defined below) ceased to be the beneficial
owner of more than 5% of the shares of the Issuer’s outstanding Common Stock. Accordingly, the filing of this Amendment No. 3
constitutes the final amendment to the Statement and an exit filing for the Reporting Persons.
Item 2. Identity and Background
(b) The principal business
address of Texel Resources, Inc., Tokay Capital Corp. and the Estate of Antonie VandenBrink (collectively, the “Reporting Persons”)
is 512, 50 Brentwood Common NW, Calgary, Alberta, Canada T2L 2M4.
Item 5. Interest in the Securities of the Issuer
(a) and (b) On July 31, 2023,
Texel Resources, Inc. entered into a plan of dissolution and, for no consideration, contributed ownership of all shares of Common Stock
of the Issuer held by it to its parent, Tokay Capital Corp. During the period beginning on July 17, 2023 and ending on the date of its
dissolution, Texel Resources Inc. sold an aggregate of 66,347 shares of Common Stock of the Issuer in open market transactions. During
the period beginning on August 4, 2023 and ending on the date of this Amendment, Tokay Capital Corp. has sold an aggregate of 910,868
shares of Common Stock of the Issuer in both open market transactions on August 4, 2023, August 7, 2023 and September 19, 2023, and privately-negotiated
transactions on October 10, 2023, respectively.
As a result of such sales,
807,894 shares, or 4.0% of the Issuer’s outstanding shares of Common Stock, are now owned directly by Tokay Capital Corp., which
is wholly owned by the Estate of Antonie VandenBrink. The Estate of Antonie VandenBrink is an indirect beneficial owner of these securities.
Texel Resources Inc. (until its dissolution), Tokay Capital Corp. and the Estate of Antonie VandenBrink will constitute a “group”
for purposes of Section 13(d) of the Exchange Act.
Each percentage ownership
of shares of Common Stock set forth in this Statement is based on 20,177,363 shares of Common Stock reported by the Issuer as outstanding
as of August 31, 2023, as reported by the Issuer in its Prospectus filed with the SEC on September 1, 2023.
(c) Within the past 60 days,
the Reporting Persons made the following dispositions of shares of Common Stock:
Reporting Person | |
Date of Transaction | |
Number of Shares Acquired (A) or Disposed (D) of | | |
Price per Share | |
Tokay Capital Corp. | |
August 4, 2023 | |
| 398 | (D) | |
$ | 38.0000 | |
Tokay Capital Corp. | |
August 7, 2023 | |
| 470 | (D) | |
$ | 38.0000 | |
Tokay Capital Corp. | |
September 19, 2023 | |
| 110,000 | (D) | |
$ | 30.2511 | |
Tokay Capital Corp. | |
October 10, 2023 | |
| 160,000 | (D) | |
$ | 29.11 | |
Tokay Capital Corp. | |
October 10, 2023 | |
| 160,000 | (D) | |
$ | 29.11 | |
Tokay Capital Corp. | |
October 10, 2023 | |
| 160,000 | (D) | |
$ | 29.11 | |
Tokay Capital Corp. | |
October 10, 2023 | |
| 160,000 | (D) | |
$ | 29.11 | |
Tokay Capital Corp. | |
October 10, 2023 | |
| 160,000 | (D) | |
$ | 29.11 | |
(d) Not
applicable.
(e) On
October 10, 2023, as a result of the transactions, the Reporting Persons ceased to be the beneficial owner of more than 5% of the shares
of the shares of the Issuer’s outstanding Common Stock. Accordingly, the filing of this Amendment No. 3 constitutes the final amendment
to the Statement and an exit filing for the Reporting Persons.
Item
7. Material to be Filed as Exhibits.
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.
|
Texel Resources Inc. |
|
|
|
Date: October 16, 2023 |
By: |
/s/ Sandra VandenBrink |
|
Name: |
Sandra VandenBrink |
|
Title: |
Authorized Signatory |
7
Exhibit 1
JOINT FILING AGREEMENT
This Joint Filing Agreement
(this “Agreement”), is made and entered into as of October 13, 2023, by and among Texel Resources Inc., Tokay Capital
Corp. and the Estate of Antonie VandenBrink (each individually, a “Party,” and collectively, the “Parties”).
The Parties hereby acknowledge
and agree that the Statement on Schedule 13D to which this Agreement is attached as an exhibit (the “Statement”), relating
to the common stock, $0.001 par value per share of Riley Exploration Permian, Inc., is filed with the Securities and Exchange Commission
pursuant to Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, on behalf of each of the Parties and that any subsequent
amendments to the Statement shall be filed on behalf of each of the Parties without the necessity of filing additional joint filing agreements.
Each Party acknowledges that it shall be responsible for the timely filing of any such amendments and for the completeness and accuracy
of the information concerning it contained herein and therein, but shall not be responsible for the completeness or accuracy of the information
concerning the other Party, except to the extent it knows or has reason to believe that such information is inaccurate.
This Agreement may be executed
in any number of counterparts, each of which shall be deemed to be an original, but all of which together shall constitute one and the
same instrument.
[Signature Page Follows]
IN WITNESS WHEREOF, each
of the undersigned hereby executes this Agreement as of the date first set forth above.
TEXEL RESOURCES INC. |
|
|
|
/s/ Sandra VandenBrink |
|
Name: |
Sandra VandenBrink |
|
Title: |
Authorized Signatory |
|
TOKAY CAPITAL CORP. |
|
|
|
/s/ Sandra VandenBrink |
|
Name: |
Sandra VandenBrink |
|
Title: |
Authorized Signatory |
|
THE ESTATE OF ANTONIE VANDENBRINK |
|
|
|
/s/ Sandra VandenBrink |
|
Name: |
Sandra VandenBrink |
|
Title: |
Authorized Signatory |
|
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