BCSC Executive Director's Bulletin: Securities Regulator Issues Notice of Hearing Seeking Order

BCSC Executive Director's Bulletin: Securities Regulator Issues Notice of Hearing Seeking Orders Against Two B.C. Residents for Insider Trading

ID: 35138

(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/15/11 -- The executive director of the British Columbia Securities Commission has issued a notice of hearing alleging that two B.C. men breached securities laws when they purchased securities in a mining company that was engaged in an acquisition. The notice alleges that both men had knowledge of the acquisition before it was made public.

The notice of hearing alleges that David Charles Greenway (Greenway) and Kjeld Werbes (Werbes) purchased securities of Global Uranium Corp. (Global Uranium) with knowledge of the company's acquisition of mining claims in Arizona (known as the Anderson Property) before that information was made public.

The notice also alleges that:

These allegations have not been proven. Counsel for the executive director will apply to set dates for a hearing into the allegations before a panel of commissioners on July 26, 2011.

The B.C. Securities Commission is the independent provincial government agency responsible for regulating trading in securities within the province. You may view the notice of hearing on our website by typing Greenway or Werbes, or 2011 BCSECCOM 335 in the search box. Information regarding disciplinary proceedings can be found in the Enforcement section () of the BCSC website.

Please visit the Canadian Securities Administrators' Disciplined Persons List () for information relating to persons disciplined by provincial securities regulators, the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association (MFDA).

If you have questions, contact Richard Gilhooley, media relations, 604-899-6713. For public inquiries, call 604-899-6854 or 1-800-373-6393 (toll free).

Learn how to protect yourself and become a more informed investor at .



Contacts:
British Columbia Securities Commission
Richard Gilhooley
Media Relations
604-899-6713 or (Canada) 1-800-373-6393





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Bereitgestellt von Benutzer: MARKET WIRE
Datum: 15.07.2011 - 17:45 Uhr
Sprache: Deutsch
News-ID 35138
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VANCOUVER, BRITISH COLUMBIA



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