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Crest Resources Inc C.CRES

Alternate Symbol(s):  CRSTF

Crest Resources Inc. is a Canada-based natural resource focused investment company with a portfolio of resource development and mining related technology companies. The Company’s principal business activity is the investment in mineral property assets in Canada and Australia, and the investment in mineral exploration and mining technology companies. The Company’s mineral property assets include Allaru Project in Australia, Atlin-Rufner Property in British Columbia, and Leigh Creek Magnesite Project in South Australia. Covering approximately 810 square kilometers, the Allaru Project is located 80 kilometers (km) north of Julia Creek in central Queensland, Australia. The Company owns 66.7% of 1251797 BC Ltd, which owns 100% of 28 claims covering the historic Atlin-Rufner mine. The mine is about 23 km northeast of Atlin. The Leigh Creek Magnesite Project, located in the state of South Australia, consists of two exploration licenses covering approximately 664 square kilometers.


CSE:CRES - Post by User

Comment by Kewl002on Jun 03, 2021 12:01pm
105 Views
Post# 33319183

RE:RE:RE:RE:RE:JimmyD: See highlight re: stealing shares/law suits

RE:RE:RE:RE:RE:JimmyD: See highlight re: stealing shares/law suitsGreen Dog -- when you have found the right BCSC email -- please post it on the BB.

This announcement of distribution of company assets directly to insiders is outrageous conduct and strips the company of valuable assets.

Note that it was onlly a few months ago that  Exploits Discovery shares owned by Crest were transferred to the very companies that they are not divesting directly to insiders. This may suggest that this insider distribution has been planned for some time which raises the question of whether the RSU approval was just been a sham.

It also cast a terrible stain over the entire Newfoundland Junior Mining sector which is just now being recognized as a world potential opportunity. Companies that are honestly trying to improve the industry from all of Newfoundland have just been slapped in the face!

If the BCSB has a complaints board all shareholders should be asking it to review (and reverse) the actions taken today by the senior management team of CRES including Mr. Collins!
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