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Monarch Gold Corporation T.MQR

Monarch Gold Corp is a Canada-based exploration-stage company. It is engaged in the acquisition and exploration of gold mining properties. Its main activities are located in the province of Quebec, Canada. The corporation holds an interest in gold properties including the Beaufor Mine, Camflo Mill, Croinor Property, Beacon Mill, Wasamac, and McKenzie Break among others.


TSX:MQR - Post by User

Comment by onetimeron Aug 07, 2017 10:26am
108 Views
Post# 26553494

RE:RE:RE:Any results coming soon ?

RE:RE:RE:Any results coming soon ?As per TSX Venture rules, a pre announcement blackout is possible. Last insider was Steve Nadeau exercising options on May 16th The Exchange suggests that a company's policy address trading blackouts. Trading blackouts are periods of time during which designated employees cannot trade the company's securities or other securities whose price may be affected by a pending corporate announcement. A trading blackout: prohibits trading before a scheduled material announcement is made (such as the release of financial statements) may prohibit trading before an unscheduled material announcement is made, even if the employee affected doesn't know that the announcement will be made prohibits trading for a specific period of time after a material announcement has been made. It is easiest to implement a policy on trading blackouts that applies to scheduled announcements, such as the release of financial statements. In this case the policy might: prohibit trading by employees for a certain number of days before and after the release of financial statements provide "open windows", which are limited periods of time following the release of financial statements during which employees may trade. It is more problematic to implement a policy on trading blackouts for unscheduled announcements. A company should make the following decisions about its policy on trading blackouts according to its particular circumstances: should the policy apply to employees other than those already prevented from trading by insider trading rules (for example, senior employees not directly involved in the material transaction)? would telling an employee not to trade tip them off as to the content of the pending announcement? If a company decides to implement a preannouncement blackout policy, it might want to consider one of the following options: without giving a reason, instruct employees not to trade until further notice if there is a pending undisclosed material development require employees to obtain approval before trading, on the understanding that this approval will be denied if any material information has not been disclosed. A company policy on post-announcement trading blackouts should: state whether the blackout rules apply to all staff or only to those involved in the material transaction allow the market time to absorb the information before employees can resume trading. The amount of time that the market needs to absorb the information and set a new price level will depend upon the size of the company and to what extent it is tracked by analysts and investors.
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