INSIDER TRADING — Crystallex insiders unload shares

Two officers and a director of Crystallex International (KRY-T) exercised options and sold shares of that company in February.

According to the Ontario Securities Commission’s OSC Bulletin, officer Marc Oppenheimer exercised 50,000 options at $2.13 and sold 50,000 shares at US$8.03 to hold no shares and 1,135,000 options.

Officer Luca Riccio exercised 25,000 options at $2.91 and sold 25,000 shares at $4.25-10.81 to hold 5,000 shares and 75,000 options. Daniel Ross, director, exercised 15,000 options at $2.13 and sold 15,000 shares at $11.25-11.60 to hold no shares and 120,000 options.

In other transactions reported by the OCS in recent weeks:

* Adex Mining (AMG-T) — Charles Farnham, director, bought 275,000 shares at 7 cents-14 cents to hold 466,500.

* America Mineral Fields (AMZ-T) Jean-Raymond Boulle, holder of more than 10%, bought 215,200 shares indirectly at $1.80-2.88 to hold 11,184,700.

* Asia Pacific Resources (APQ-T) — Crew Holdings, holder of more than 10%, sold 46,000 shares at $2.75 to hold 5,026,745; John Darch, director, sold 546,000 shares at $2.60-2.80 to hold 954,500 shares directly and 6,277,691 through Crew Holdings and 6,127,691 through Western Investment Consultants; Gerald Wright, director, sold 296,000 shares indirectly at $2.60-2.80 to hold 5,813,193 through Crew Holdings and 5,663,193 through Western Investment Consultants.

* Band-Ore Resources (BAN-T) — Robert Duess, director, sold 17,000 shares at $1.22 to hold 647,100.

* Banro Resource (BNRS-C) — Michael A.J. Nikiforuk, director, sold 3,638 shares at $4.10-10.50 to hold 73,162.

* Dia Met Minerals (DMM.A-T) — Keith Christofferson, director, sold 15,000 shares at $28-28.75 to hold 9,200; James E. Ecott, director, sold 3,000 Class B shares at $30 to hold 264,400; Charles E. Fipke exercised 78,200 Class B options at $5.80 to hold an undisclosed number, exercised 19,550 Class A options at 5.80 to hold none, and sold 10,000 Class A shares at $24-24.35 to hold 152,871; David Mackenzie, director and holder of more than 10%, sold 3,400 Class A shares at $24-24.90 to hold 51,000 shares directly, 600,000 through 661452 Alberta, 13,056 through Hawkherst Holdings and 40,484 indirectly; Audrey Miles, deemed an insider, was granted 20,000 Class A options at $22 to hold 28,000.

* Etruscan Resources (EET-T) — Robertson Stephens Investments, holder of more than 10%, sold 69,300 shares indirectly at $2.71-2.97 and disposed of 600,000 warrants to hold 5,907,000 shares and 1,400,000 warrants.

* Euro-Nevada Mining (EN-T) — Pierre Lassonde, sold 67,000 shares indirectly at $23.05 to hold 27,096 indirectly, 2,665,904 shares directly and 360,000 options.

* Farallon Resources (FAR-V) — David Jennings, director, sold 47,900 shares indirectly at $3.50-3.65 to hold 513,797 shares through 8797 Investments; Scott Cousens, director, sold 29,000 shares at $4.90-5.60 and was granted 99,200 options at $3.45 to hold 227,825 shares and 160,800 options.

* Franco-Nevada Mining (FN-T) — Seymour Schulich, director, sold 252,000 shares indirectly at $27.50 to hold 7,700,000 through Investment Holding Company.

* Greenstone Resources (GRE-T) — Rudi P. Fronk, director, exercised 40,000

options at $3.55 and sold 40,000 shares at $8.65 to hold 8,000 shares and 450,000 options.

* Hillsborough Resources (HLB-T) — George Vooro, director and holder of more than 10%, bought 14,000 shares at 90 cents and was granted 150,000 shares, as compensation for services, at 89 cents to hold 1,987,880; Arthur R. Fraser, director, was granted 50,000 shares, as compensation for services, at 89 cents to hold 120,100.

* International Precious Metals (IPMC-C) — Russell French, director, was granted 45,000 options at $6.00-6.25, exercised 30,000 options at $1.45-2.50, and sold 3,000 shares at $16 and another 27,000 at US$8.75-13.50 to hold 75,000 options and no shares.

* Lionore Mining International (LIM-T) — Deans Knight Capital Management, holder of more than 10%, bought 300,000 shares indirectly at $1.10 to hold 12,247,687.

* Minefinders (MFL-V) — Herman King, director, was granted 25,000 options at $3.60 to hold 75,000; Annikki T. Puusaari, officer, was granted 25,000 options at $1.80 to hold 30,000.

* NDU Resources (NDU-T) — Douglas Goss, officer, bought 50,000 shares at 50 cents and sold 22,500 shares at $1.11-1.15 to hold 70,000 options and 47,500 shares.

* Nevsun Resources (NSU-T) — Don Halliday, officer, sold 12,600 shares at $3.20-4.65 to hold 5,400.

* Northern Abitibi Mining (NAI-A) — Jens Hansen, director, sold 57,000 shares at $1.55-1.88 to hold 397,691 shares directly and 30,468 through Geotest and 500,000 options through 662172 Alberta.

* Princeton Mining (PMC-T) — Kenneth Lowe, officer, was granted 180,000 options at 39 cents to hold 510,000 options and 43,767 shares.

* Queenstake Resources (QTR-T) — James Mancuso, director, was granted 150,000 options at 62 cents to hold 490,000; Doris Meyer, officer, was granted 75,000 options at 62 cents to hold 250,333; Robert Miller Jr., director, was granted 125,000 options at 62 cents to hold 355,000; Hugh Mogensen, director, was granted 60,000 options at 62 cents to hold 195,000 options directly and 80,000 shares through Mermaid Resources; Christopher Serin, director, was granted 60,000 options at 62 cents to hold 250,000; and Helmut Wober, director, was granted 60,000 options at 62 cents to hold 255,000.

* TVX Gold (TVX-T) — Albrecht Schneider, officer, sold 5,000 shares at $4.40 and was granted 230,000 options at $4.05 to hold 5,000 shares and 470,000 options; Flavio Godinho, officer, was granted 150,000 options at $4.05 to hold 555,000; Paul Martin, officer, was granted 80,000 options at $4.05 to hold 170,000.

* Western Copper Holdings (WTC-T) — John Harvey, director, exercised 20,000 options at $1.15 and sold 20,000 shares at $10.10-10.30 to hold no shares and 50,000 options; Robert Quartermain, director, bought 10,000 shares at $5.00-5.55 to hold 90,000.

* William Resources (WIM-T) — Peter Marrone, director, was granted 200,000 options at 50 cents to hold 900,000; Wolf Seidler, officer, was granted 350,000 options at an undisclosed price to hold 350,000; Lars Vannman, director, was granted 200,000 options at 50 cents to hold 513,331.

* World Wide Minerals (WWS-T) — Barry Sparks, director or officer of a company that holds more than 10%, sold 183,699 shares at 27 cents-29 cents to hold none; Dustin Garrow, officer, was granted 150,000 options at 40 cents to hold an undisclosed number of options.

Print

Be the first to comment on "INSIDER TRADING — Crystallex insiders unload shares"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close