Why am I not Surprised

Ni, Co, Cu, PGM, Au Properties in Ontario Canada

Producing Mines and "state-of-the-art" Mill

Reply New Message

Prev Message Back To Forum Threaded View Next Message

tantallon

Rank: President [?]

Points: 2574 [?]

Votes: 42 Score: 3.6 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Why am I not Surprised

posted on Jun 08, 2011 05:37PM

Former Liberty Mines CEO to face insider trading allegations

Edmonton's Richard Gary Nash accused of illegal shares selloff

By Journal Business Staff, edmontonjournal.com May 31, 2011

EDMONTON - The former Edmonton president and CEO of Liberty Mines Inc. will face allegations of illegal insider trading before the Alberta Securities Commission.

The securities regulator said Tuesday it has issued a notice of hearing alleging Richard Gary Nash sold 1.24 million Liberty Mines shares on Nov. 10, 2010 — following his departure from the company’s board of directors and senior management team and before public disclosure of that fundamental change.

The commission alleges Nash avoided a loss of more than $21,800 as a result.

An appearance to set a date for a hearing in Edmonton will be held Wednesday at the ASC’s Calgary office.