material change report
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES
EXCHANGE ACT OF 1934
For
the
month of January
2007
Commission
File Number 0-29586
ENERNORTH
INDUSTRIES INC.
1
King
Street West, Suite 1502, Toronto, Ontario, M5H 1A1, Canada
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F:
Form
20-F
X
Form
40-F
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1):
Yes
No
X
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7)
Yes
No
X
Note:
Regulation
S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if
submitted to furnish a report or other document that the registrant foreign
private issuer must furnish and make public under the laws of the jurisdiction
in which the registrant is incorporated, domiciled or legally organized (the
registrant’s “home country”), or under the rules of the home country exchange on
which the registrant’s securities are traded, as long as the report or other
document is not a press release, is not required to be and has not been
distributed to the registrant’s security holders, and, if discussing a material
event, has already been the subject of a Form 6-K submission or other Commission
filing on EDGAR.
Indicate
by check mark whether the registrant by furnishing the information contained
in
this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
Yes
No
X
If
“Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3- 2(b):
82-
_________
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
ENERNORTH
INDUSTRIES INC.
Date:
January 18, 2006 By:____”Sandra
J. Hall”____ ______
Sandra
J.
Hall,
President,
Secretary & Director
FORM
51-102F3
MATERIAL
CHANGE REPORT
| Item
1. |
Name
and Address of Company
|
EnerNorth
Industries Inc. ("EnerNorth" or the “Company”)
1
King
Street West, Suite 1502
Toronto,
Ontario
M5H
1A1
| Item
2. |
Date
of Material Change
|
January
18, 2007.
Press
release was issued by EnerNorth on January 18, 2007 and disseminated by
CCNMatthews via North American Disclosure wire service.
| Item
4. |
Summary
of Material Change
|
EnerNorth
announced on January 18, 2007 that the Supreme Court of Canada has dismissed
with costs the Company’s application for leave to appeal its ongoing litigation
with Oakwell Engineering Limited of Singapore.
| Item
5. |
Full
Description of Material Change
|
On
January 18, 2007 EnerNorth announced that the Supreme Court of Canada has
dismissed with costs the Company’s application for leave to appeal in its
ongoing litigation with Oakwell Engineering Limited of Singapore (“Oakwell”).
EnerNorth will be required to satisfy a judgment in favour of Oakwell for
approximately CDN $6.8 million in addition to the $1.5 million posted as
security on September 7, 2006. The Company also has obligations to secured
and
unsecured creditors. In the process of satisfying such, all or substantially
all
of the assets of the Company may be sold or pledged. The Company has engaged
Jennings Capital Inc. to assist the Company with a sale of its oil and gas
assets.
| Item
6. |
Reliance
on subsection 7.1(2) or (3) of National Instrument
51-102
|
Not
Applicable.
| Item
7. |
Omitted
Information
|
No
information has been omitted from this Material Change Report.
The
following senior officer of EnerNorth is knowledgeable about the material
change
and the Report and may be contacted by the Commission as follows:
Sandra
J.
Hall
President/Secretary
EnerNorth
Industries Inc.
Telephone: (416)
861-1484
Facsimile: (416)
861-9623
DATED
January
18, 2007.
| |
|
ENERNORTH
INDUSTRIES INC.
“
Sandra J. Hall”
Per:
Sandra
J. Hall, President/Secretary
|
| |
|
EXHIBIT
A
[Missing
Graphic Reference]EnerNorth
Industries Inc.
News
Release
EnerNorth’s
Application for Leave to Appeal Denied by the Supreme Court of
Canada
Toronto,
Canada - January 18, 2007 - EnerNorth
Industries Inc.
(AMEX:
ENY & Frankfurt Stock Exchange: EPW1) (www.enernorth.com) (“EnerNorth” or
the “Company”) regrets to announce that the Supreme Court of Canada has denied
the Company’s application for leave to appeal its ongoing litigation with
Oakwell Engineering Limited of Singapore (“Oakwell”). EnerNorth will be required
to satisfy a judgment in favour of Oakwell for approximately CDN $6.8 million
in
addition to the $1.5 million posted as security on September 7, 2006. The
Company also has obligations to secured and unsecured creditors. In the process
of satisfying such, all or substantially all of the assets of the Company
may be
sold or pledged. The Company has engaged Jennings Capital Inc. to assist
the
Company with a sale of its oil and gas assets.
EnerNorth
is a junior oil and gas company carrying out operations through production,
development and exploration of oil and gas in the Western Sedimentary Basin,
Canada.
There
are
approximately 4.293 million shares issued and outstanding in the capital
of the
Company.
For
further information contact:
Sandra
Hall
President
Telephone:
(416) 861-1484
www.enernorth.com
Certain
statements contained herein constitute “forward-looking statements” within the
meaning of the Private Securities Litigation Reform Act of 1995 (the “Reform
Act”), which reflect the Company’s current expectations regarding the future
results of operations, performance and achievements of the Company. The Company
has tried, wherever possible, to identify these forward-looking statements
by,
among other things, using words such as “anticipate,” “believe,” “estimate,”
“expect” and similar expressions. These statements reflect the current beliefs
of management of the Company, and are based on current available information.
Accordingly, these statements are subject to known and unknown risks,
uncertainties and other factors which could cause the actual results,
performance or achievements of the Company to differ materially from those
expressed in, or implied by, these statements. (See the Company’s Annual
Information Form and Annual Form 20 F for Risk Factors.) The Company is not
obligated to update or revise these “forward-looking” statements to reflect new
events or circumstances, unless required by securities law.
Suite
1502, 1 King Street West, Toronto, Ontario, M5H 1A1 Telephone: 416 861-1484,
Facsimile: 416 861-9623 www.enernorth.com