BCSC settles with former mining company CEO for deficient news release
Retrieved on:
Monday, January 9, 2023
VANCOUVER, BC, Jan. 9, 2023 /CNW/ - The former CEO of a junior mining company must pay $10,000 in a settlement with the B.C.
Key Points:
- VANCOUVER, BC, Jan. 9, 2023 /CNW/ - The former CEO of a junior mining company must pay $10,000 in a settlement with the B.C.
- Securities Commission (BCSC) for releasing technical information that was not prepared or approved by a qualified person.
- Ellen Clements was president, CEO and a director of New Nadina Explorations Limited, a junior mineral exploration company whose shares trade on the TSX Venture Exchange.
- Because Clements drafted and approved the news release, she authorized, permitted or acquiesced in New Nadina's contraventions and violated the same provisions of NI 43-101.