OTCQX:BGMZF - Post by User
Comment by
Specboy20IIon Jul 01, 2012 1:24pm
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Post# 20073534
RE: Shameless in-the-know buying in June
RE: Shameless in-the-know buying in June
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Barkerville Gold's Shirvani issued notice of hearing
2012-03-16 17:47 ET - News Release
Mr. Andrew Rees reports
Barkerville Gold Mines Ltd. has been advised that Farshad Shirvani, a director of the company, was issued a notice of hearing from the British Columbia Securities Commission (BCSC) dated March 13, 2012, alleging that he failed to disclose in certain regulatory filings the fact that the BCSC issued three cease trade orders against International Ranger Corp. while he was a director of Ranger. These allegations have not been proven.
Management has been advised the Mr. Shirvani will be disputing the allegations and is confident that once all the facts have been presented to the BCSC that Mr. Shirvani will be found to not have deliberately violated the Securities Act.
However, management is taking these allegations seriously and is continuing to seek additional directors and advisors with the necessary experience to compliment its management team and bring additional managerial, technical and operational experience to develop its properties, as it prepares for the transition from a junior mineral exploration company to an established gold producer in B.C.
The notice of hearing can be viewed at BCSC: 2012/16 BCSC Executive Director's Bulletin.
We seek Safe Harbor.
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