INSIDER TRADING — Starmin directors exercise options

Two directors of Starmin Mining (TSE) exercised options and sold shares in February.

According to the Ontario Securities Commission’s OSC Bulletin, director Richard Brissenden exercised 50,000 options at 40 cents and sold 50,000 shares at $1.50-1.95 to hold no shares and no options. Director Jacob Gornitzki exercised 150,000 options at 40 cents to hold 150,000 shares. Other transactions in February and March include:

Altai Resources (TSE) — Kursat Kacira, director, sold 23,000 shares at $2.80-3.20 to hold 17,500 shares.

Aur Resources (TSE) — Donald Bubar, senior officer, sold 22,000 shares at $6.38-7.50 to hold 27,500 shares.

Black Swan Gold Mines (TSE) — Arthur Fisher, director, exercised 550,000 options at 10 cents, sold 160,000 shares at 19-30 cents and bought 312,500 warrants at 10 cents. As a result, he holds 1.5 million shares, 350,000 options, and 312,500 warrants.

Breakwater Resources (TSE) — Ned Goodman, director, sold 857,143 shares at 18 cents to hold 1.1 million shares.

Caledonia Mining (TSE) — Edmund Merringer, senior officer and director, exercised 15,000 options at 45 cents and sold 15,000 shares at $2.50-3 to hold no shares and no options.

Dia Met Minerals (TSE) — David Mackenzie, director and senior officer, sold 14,800 shares at $57-58.50 to hold 1.3 million shares directly. Through indirect holdings, he also sold 18,600 shares at $56-58 to hold no shares. Echo Bay Mines (TSE) — Robert Calman, director, exercised 30,000 options at $8.50 and sold 30,000 shares at US$13.25 to hold 104,599 shares and 683,888 options. John Zigarlick, senior officer, exercised 45,000 options at $8.50 and sold 45,000 shares at $17.13 to hold 5,200 shares and 450,240 options. Hardrock Extension (TSE) — Monir Younan, director, exercised 100,000 options at 16 cents and sold 96,500 shares at 40-55 cents to hold 40,617 shares. Hemlo Gold Mines (TSE) — Ian Bayer, senior officer, sold 30,000 shares at $13.13 to hold 50,100 shares. He was also granted 30,000 options at $13.63. Joutel Resources (TSE) — Hugh Harbinson, senior officer, exercised 700,000 options at 20 cents and sold 700,000 shares at 65 cents to hold 1.4 million. Charles Page, director and senior officer, exercised 700,000 options at 20 cents and sold 700,000 shares at 65 cents to hold no options and 2 million shares.

Minefinders (VSE) — James Borland, director, exercised 30,000 options at 50 cents and sold 30,000 shares at $3-5.88 to hold no shares and no options. James Sullivan, senior officer, sold 17,000 shares at $2.93-3 to hold 20,000 shares.