Insider Trading — Cameco insiders exercise options, sell shares

Four Cameco (TSE) insiders exercised options and sold shares in April.

According to the Ontario Securities Commission’s OSC Bulletin, Gary Chad, senior officer, exercised options and acquired 3,000 shares at $16 and sold 3,000 shares at $39.38 to hold no shares. Chad was also granted an additional 3,000 options to hold 17,250 options.

Vernon Kiss, senior officer, exercised options and acquired 850 shares at $16 and sold 850 shares at $40 to hold 1,300 shares. Kiss was also granted 850 options to hold 5,750 options. Maurice Lindsay, a director of an affiliated company, exercised options and acquired 1,100 shares at $16 and sold 1,100 shares at $39.38 to hold 3,550 shares. Lindsay was also granted 1,100 options to hold 7,800 options. Allan Pettigrew, senior officer, bought 500 shares at $39 to hold 10,750.

Other transactions included:

* Adex Mining (TSE) — William Lowe, director and senior officer, sold 50,000 shares at 30-32 cents to hold 1.7 million shares.

* Bolivar Goldfields (VSE) — Andres Carrera, director, bought 210,900 shares at $1.30-$2 to hold 1.2 million shares. Donald Ford, senior officer, was granted options to acquire 100,000 shares at $1.97 to hold 100,000 options.

* Diamond Fields Resources (TSE) — Edward Mercaldo, director of the company, was granted options to acquire 200,000 shares at $13.21 to hold 200,000 options.

* Glamis Gold (TSE) — James Billingsley, director and senior officer, acquired 100,000 shares at $8.88 and sold 100,000 shares at $12.83 to hold no shares. He was also granted options to acquire 100,000 shares at $12.63. Francis O’Kelly, director, was granted options to acquire 50,000 shares at $11.63.

* Goldnev Resources (VSE) — Prime Equities International (VSE), a company that owns more than 10% of Goldnev, sold 2.7 million shares at 79-91 cents to hold 7 million shares.

Rea Gold (TSE) — Robert Helm, a director, acquired 10,000 shares at 33 cents and sold 12,900 shares at $2.02-$2.10 to hold no shares.

Tyler Resources (TSE) — Frederick Wynne, director and senior officer, acquired 60,000 shares at 28 cents and sold 40,000 shares at 47-53 cents to hold 81,500 shares. Wynne was also granted 170,000 options.