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
OCTOBER 2007
METHANEX CORPORATION
(Registrants 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.
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.
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.
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METHANEX CORPORATION
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Date: November 1, 2007 |
By: |
/s/ RANDY MILNER
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Name: |
Randy Milner |
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Title: |
Senior Vice President, General Counsel
& Corporate Secretary |
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For immediate release
October 31, 2007
METHANEX PRESIDENT & CEO INTENDS TO PURCHASE SHARES TO INCREASE HOLDINGS
Methanex Corporation announced today that Bruce Aitken, President and Chief Executive Officer,
plans to purchase about 35,000 additional Methanex common shares. The purchase will be funded by
the exercise of 164,000 Methanex stock options and is expected to occur between November 8, 2007
and the end of December 2007 through the facilities of the Toronto Stock Exchange.
Methanex has in place Share Ownership Guidelines under which Mr. Aitken is to hold Methanex common
shares and share equivalents having a value of at least five times his base salary. Subsequent to
this intended purchase, Mr. Aitken will hold approximately 365,000 Methanex common shares or share
equivalents and will continue to substantially exceed the Share Ownership Guidelines.
This announcement is being made by way of press release in keeping with a Methanex governance
policy that requires intended transactions in Methanex securities by the President and CEO of
Methanex to be publicly disclosed no less than five business days in advance of the intended
transaction. Ownership and trading history of Methanex securities by Methanex insiders is publicly
available and may be viewed at www.sedi.ca.
Methanex is a Vancouver based, publicly-traded company engaged in the worldwide production,
distribution, and marketing of methanol. Methanex shares are listed for trading on the Toronto
Stock Exchange in Canada under the trading symbol MX; on the NASDAQ Global Market in the United
States under the trading symbol MEOH; and on the Foreign Securities Market of the Santiago Stock
Exchange in Chile under the trading symbol Methanex. Methanex can be visited online at
www.methanex.com.
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Inquiries:
Jason Chesko
Director, Investor Relations
Methanex Corporation
604-661-2600