Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
What is insider trading>>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. ________)*
Patriot Gold Corp. |
(Name of Issuer) |
Common |
(Title of Class of Securities) |
70337F103 |
(CUSIP Number) |
Bruce Johnstone |
(Name, Address and Telephone Number of Person |
November 22, 2005 |
(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-1(f) or 240.13d-1(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 ' 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).
CUSIP No. : 70337F103 |
|||
1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). |
|||
Bruce Johnstone |
|||
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): None |
|||
5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ______ |
|||
6. Citizenship or Place of Organization: Canadian |
|||
|
|
||
Number of |
7. Sole Voting Power: 0 |
||
8. Shared Voting Power: N/A |
|||
10. Shared Dispositive Power: N/A |
|||
9. Sole Dispositive Power: 0 |
|||
|
|||
11. Aggregate Amount Beneficially Owned by Each Reporting Person: 0 |
|||
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) |
|||
13. Percent of Class Represented by Amount in Row (11): 0% |
|||
14. Type of Reporting Person (See Instructions): IN |
Item 1. |
Security and Issuer |
||||
Security: |
Common Stock, par value $.001("Common Stock") |
||||
(CUSIP No. 70337F103) |
|||||
Issuer: |
Patriot Gold Corp. |
||||
1775 Bellevue Avenue |
|||||
Suite 501 |
|||||
West Vancouver, B.C. Canada V7V 1A9 |
|||||
Item 2. |
Identity and Background |
||||
(a) |
Name of Person Filing: Bruce Johnstone |
||||
(b) |
Address: |
102 Donaghy Avenue |
|||
North Vancouver, B.C. Canada V7P 2L5 |
- 2 -
(c) |
Businessman. President of Delbrook Systems Inc., 103-1075 Marine Drive, |
||||
Suite 111, North Vancouver, B.C. V7N 2X2 |
|||||
President of Homeland Precious Metals Corp., 1489 Marine Drive, Suite 136, West Vancouver, B.C. V7T 1B8 |
|||||
(d) |
No. |
||||
|
(e) |
No. |
|||
(f) |
Canadian. |
||||
Item 3. |
Source and Amount of Funds or Other Consideration. |
||||
None. |
|||||
|
|||||
Item 4. |
Purpose of Transaction. |
||||
Disposition of shares. |
|||||
Item 5. |
Interest in Securities of the Issuer. |
||||
1. |
Bruce Johnstone |
||||
(a) |
Amount Beneficially Owned: 0 |
||||
Percent of Class: |
0%. |
||||
(b) |
Number of shares as to which such person has: |
||||
(i) |
Sole power to vote or direct the vote: 0 |
||||
(ii) |
Shared power to vote or direct the vote: n/a |
||||
(iii) |
Sole power to dispose or direct the disposition of: 0 |
||||
(iv) |
Shared power to dispose or direct the disposition of: n/a |
||||
(c) |
On November 21, 2005, Bruce Johnstone sold 4,500,000 shares of Patriot Gold |
||||
Corp. to 5 unrelated individuals in 5 separate private transactions. Selling price was $0.05 per share. The transactions took place in Vancouver, British Columbia. |
|||||
(d) |
None |
||||
(e) |
Bruce Johnstone ceased to be the beneficial owner of more than 5% of the |
||||
common stock of Patriot Gold Corp. on November 21, 2005. |
|||||
Item 6. |
Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer. |
||||
None |
|||||
Item 7. |
Material to be Filed as Exhibits. |
||||
None |
- 3 -
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information se t forth in this statement is true, complete and correct.
Date: November 22, 2005
/s/ Bruce Johnstone |
||||||||
Bruce Johnstone |
Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)
- 4 -