Insider trading transactions reported in May 2004 Ontario Securities Commission Bulletin include the following:
— Aber Diamond (ABZ-T) — John Parker, a deemed insider, sold 4,100 shares at prices ranging from $40.67 to $41.50 to hold 84,100 shares; John Phillimore, director, sold 31,000 shares at $41.41 to hold no shares; Eira Thomas, director, sold 20,000 shares at $40.06 to hold 79,900 shares; Grenville Thomas, director, sold 30,000 shares at prices ranging from $39.15 to $40.99 to hold 292,300 shares.
— Abitex Resources (ABE-T) — Robert Bryce, director, and officer and 10% security holder, sold 500,000 shares at prices ranging from 41 to 44 to hold 9,561 shares and 360,000 warrants.
— Fortune Minerals (FT-T) — David Knight, director and officer, exercised 37,500 warrants at 69 and sold 37,500 shares at $3.45 to hold 3,600 shares and 125,000 warrants.
— IMA Exploration (IMR-V) — David Tice & Associates, 10% security holder, sold 505,800 shares at prices ranging from $1.28 to $1.34 to hold 2.88 million shares and 715,182 warrants.
— Inco (N-T) — Shozo Kawaguchi, a deemed insider, exercised 28,000 options at prices of $11.56 and $15.03 and sold 28,000 shares at $33.17 to hold 86 shares and 74,000 options; Louis Koehler, a deemed insider, sold 8,500 shares at prices ranging from $28.50 to $30.50 to hold no shares.
— Jaguar Nickel (JNI-T) — John McAdam, director, sold 84,500 shares at prices ranging from 60 to 78 to hold 95,500 shares.
— Northern Orion (NNO-T) — Patrick O’Kane sold 45,000 shares at prices ranging from $3.00 to $3.31 to hold 122,100 shares.
— Orezone Resources (ORZ-T ) — David Tice & Associates, 10% security holder, sold 2 million shares at 50 to hold 6.47 million shares and 864,699 warrants.
— Pan American Silver (PAA-T) — Michael Larson, director, exercised an option to buy 10,000 shares at $5 and sold 10,000 shares at $12.63 to hold 4,000 shares and 86,500 options.
— Pelangio Mines (PLG-V) — David Tice & Associates, 10% security holder, sold 1.64 million shares at prices ranging from 30 to 34 to hold 3.4 million shares.
— Tyler Resources (TYS-V) — Robert Ingram, director or officer of 10% security holder, sold 1.35 million shares at prices ranging from 25 to 30 to hold 1.8 million shares and 675,000 warrants.
— Uruguay Minerals (UME-V) — Christopher Clark, director and officer, exercised 150,000 options at 40 and sold 54,000 shares privately at $3.60 to hold 96,000 shares and 500,000 options.
— Western Silver (WTC-T) — Gerald Prosalendis, officer, exercised options to buy 25,000 shares at $4.33 and sold 25,000 shares at prices ranging from $6.81 to $9.55 to hold 1,500 shares and 135,000 options.
— WGI Heavy Minerals (WG-T) — Ian Falconer, director, sold 10,400 shares at prices ranging from $8.65 to $9.40 to hold 371,550 shares.
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