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 MAY 2007

METHANEX CORPORATION


(Registrant’s name)

SUITE 1800, 200 BURRARD STREET, VANCOUVER, BC V6C 3M1 CANADA


(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

     
Form 20-F     o   Form 40-F     þ

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     o   No     þ

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 behalf by the undersigned, thereunto duly authorized.

         
  METHANEX CORPORATION
 
 
 
Date: May 14, 2007  By:   /s/ RANDY MILNER    
    Name:   Randy Milner   
    Title:   Senior Vice President, General Counsel & Corporate Secretary   
 

 


 

METHANEX CORPORATION
MATERIAL CHANGE REPORT
FORM 51-102F3
1.   NAME AND ADDRESS OF COMPANY
 
    Methanex Corporation (“Methanex”)
1800 Waterfront Centre
200 Burrard Street
Vancouver, British Columbia V6C 3M1
 
2.   DATE OF MATERIAL CHANGE
 
    May 7, 2007
 
3.   NEWS RELEASE
 
    The press release announcing this material change was issued on May 7, 2007 in Canada and the United States.
 
4.   SUMMARY OF MATERIAL CHANGE
 
    Methanex Corporation announced on May 7, 2007 that its Board of Directors had approved an increase in the Company’s quarterly dividend to shareholders.
 
5.   FULL DESCRIPTION OF MATERIAL CHANGE
 
    In 2002, Methanex announced that its Board of Directors had approved the commencement of a quarterly dividend to shareholders. The first quarterly dividend of US$0.05 per share was paid on September 30, 2002. Also in the announcement, the Company stated the belief that such a dividend could be sustained and built upon over time. Since the first quarterly dividend was paid in 2002, Methanex has announced an increase to the dividend in each of 2003, 2004, 2005 and 2006.
 
    On May 7, 2007, Methanex announced that its Board of Directors had approved a further 12 percent increase in the Company’s quarterly dividend to shareholders from US$0.125 per share to US$0.14 per share. This increase will apply commencing with the dividend payable on June 30, 2007 to holders of common shares of record on June 15, 2007.
 
6.   RELIANCE ON SUBSECTION 7.1(2) OR (3) OF NATIONAL INSTRUMENT 51-102
 
    Not applicable.
 
7.   OMITTED INFORMATION
 
    Not applicable.

 


 

8.   EXECUTIVE OFFICER — FOR FURTHER INFORMATION CONTACT:
 
    For further information, contact:
 
    Randy Milner
Senior Vice President, General Counsel & Corporate Secretary
(604) 661 2600
 
    DATED at Vancouver, British Columbia, this 14th day of May, 2007.
       
  METHANEX CORPORATION
 
 
  (-s- RANDY MILNER)   
     
  Name:   Randy Milner    
  Title:   Senior Vice President, General Counsel and Corporate Secretary