Searchlight Resources Inc (SCLTF)

[RIGATONI]

Form 4...


WOW, looks like ceo just laid down another big chunk of cash for stock @ .36!!

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7710892

FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL
OMB Number: 3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*HARVEY ANTHONY R

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(Last) (First) (Middle)
STE. 408, 1199 WEST PENDER STREET


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(Street)VANCOUVER A1 V6E 2R1

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(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CANYON COPPER CORP. [CNYC] 5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman and CEO

3. Date of Earliest Transaction (Month/Day/Year)
07/08/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)X Form filed by One Reporting Person
Form filed by More than One Reporting Person



Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock - par value $0.00001 per share 07/08/2011 P 857,142 A $ 0.36 (1) (2) 857,142 I Held by ARH Management Ltd.

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date
(Month/Day/Year) 7. Title and Amount of Underlying Securities
(Instr. 3 and 4) 8. Price of Derivative Security
(Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4) 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants (Right to Buy) $ 0.52 (2) 07/08/2011 P 428,571 07/08/2011 01/08/2013 Common Stock 428,571 (1) 428,571 I Held by ARH Management Ltd.
Explanation of Responses:
1. Purchase of units at a price of CAD$0.35 per unit, consisting of one share of common stock and one-half of one share purchase warrant exercisable at a price of CAD$0.50 per share for a period of 18 months from the date of issuance.
2. CAD$1=USD$1.0387 as at the Bank of Canada noon rate of exchange on July 8, 2011.
Anthony R. Harvey 07/12/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.