George Slightham has agreed to pay $30,000 to the British Columbia Securities Commission (BCSC) as a penalty for misconduct during his involvement in two junior companies listed on the Vancouver Stock Exchange.
Slightham is also prohibited, for a period of 25 years, from becoming or acting as a director of officer of any reporting issuer, or of any issuer that provides management, administrative or consulting services to a reporting issuer.
In early June, the BCSC reported that Slightham, while directly involved in the management of Beauchamps Exploration and Beaufield Consolidated Resources, had failed to disclose material facts or material changes.
It was also found that he had failed to file complete insider reports, and that he did not act honestly, in good faith, and in the best interests of Beauchamps or Beaufield.
Other directors and officers of the companies were named in the notice of hearing, and received lesser penalties.
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