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 Posté le: Lun Sep 30, 2013 6:02 pm Sujet du message: Bralorne Gold Mines allegedly breached mining rule |
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{Bralorne Gold Mines allegedly breached mining rules: BCSC}
Hearing roomBy Emma CrawfordWed May 1, 2013 10:40am PSTThe British Columbia Securities Commission (BCSC) has alleged that Bralorne Gold Mines Ltd. (TSX-V:BPM) and two company directors breached mining rules,[url=http://www.moncler-sale.org]discount moncler jackets[/url], and has issued a notice of hearing.The BCSC said that the company,[url=http://www.moncler-sale.org]moncler sale[/url], CEO Wilhelmus Kocken and president and COO Matthew Ball disclosed the result of an economic analysis that was based on targets for future exploration.The notice states that:on October 17,[url=http://www.moncler-sale.org]moncler outlet[/url],[url=http://www.moncler-sale.org]moncler down jackets[/url], 2012, Bralorne announced the results of a Preliminary Economic Assessment. In a news release, which was signed by Kocken and approved by Ball,[url=http://www.moncler-sale.org]moncler on sale[/url],[url=http://www.moncler-sale.org]moncler on sale[/url], the company presented the results of a Speculative Economic Assessment;on the same day, the company was instructed by the Investment Industry Regulatory Organization to issue a news release retracting the Speculative Economic Assessment, because it was not based on current resource estimates;later that day, Kocken signed a news release containing the retraction;on October 18,[url=http://www.moncler-sale.org]moncler sale[/url],[url=http://www.moncler-sale.org]moncler down jackets[/url], 2012, the company filed a technical report on SEDAR (the online database that provides access to documents and information filed by public companies) that, despite the retraction,[url=http://www.moncler-sale.org]moncler outlet[/url], included the Speculative Economic Assessment; andon or before November 1, 2012, Bralorne posted a copy of the technical report and a corporate presentation and fact sheet that referenced the Speculative Economic Assessment.The BCSC said that “by disclosing the results of an economic analysis that included or was based on a target for further exploration,[url=http://www.moncler-sale.org]discount moncler jackets[/url], Kocken, Ball and Bralorne breached Canadian mining rules.”These allegations have not been proven. A hearing is tentatively scheduled for May 28. ecrawford@biv.com@EmmaCrawfordBIVTags: securities, British Columbia Securities Commission, mining
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