MINING MARKETS AND INVESTMENT NEWS — Northern Abitibi insider active trader

The Ontario Securities Commission’s May 8 OSC Bulletin, shows that a director of Northern Abitibi Mining (NAI-A) was an active trader of that company’s shares in April.

Jens Hansen exercised 500,000 options indirectly at 30cents-50cents and transferred those shares to himself at an unspecified price. He also sold 325,500 shares directly at $1.56-1.85 to hold 684,691 shares directly, none through 662172 Alberta Corporation and 30,468 through Geotest Corporation.

In other transactions reported on May 8:

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