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online payday loans Share Share this Story: BCSC dismisses allegations that four Canaco directors breached securities laws Copy Link Email Facebook Twitter Reddit Pinterest LinkedIn TumblrNews Local News COVID 19 Politics National COVID 19 Crime World Education Staff Blogs Weather Podcasts BC Public Sector Salaries Database Archives Hot Topics Business Local Business Open during COVID Featured Businesses Energy Mortgages Real Estate Commercial Real Estate Economy Next Technology Gaming Internet Personal Tech Retail FP Markets Small Business BC Top Employers Opinion Columnists Letters Op Ed Sports Hockey Vancouver Canucks NHL Football BC Lions CFL NFL Soccer Vancouver Whitecaps MLS International Baseball Basketball NBA NCAA Golf Golf Videos MMA Curling Tennis Auto Racing Arts Local Arts Celebrity Movies Movie Listings Television TV Listings Music Theatre Festivals Books Life Shopping Essentials Food Local Food Reviews Recipes Wine Country Salut! Health Local Health Diet Fitness Family Child Men Women Seniors Sexual Health Fashion Beauty Parenting Relationships Royals Puzzles New York Times Crossword Comics Advice Horoscopes Contests National Contests Homes Buying Selling Westcoast Homes and Design Current Issue Condos Decorating Gardening Renovating Out of Town Properties Travel Local Travel International Travel Obituaries Place an Obituary Place an In Memoriam Classifieds Place an Ad Celebrations Real Estate Marketplace Local Directory This Week’s Flyers Jobs Auction Driving All Driving News Reviews Car Comparison Buyer’s Guide Healthing The GrowthOp Videos ePaper Our Offers My Account FAQShare this Story: BCSC dismisses allegations that four Canaco directors breached securities laws Copy Link Email Facebook Twitter Reddit Pinterest LinkedIn TumblrBreadcrumb Trail Links Business BCSC dismisses allegations that four Canaco directors breached securities laws A British Columbia Securities Commission panel has dismissed allegations that four directors of Vancouver based junior mining company Canaco Resources breached securities laws and failed to act in their company’s best interests related to issuing themselves stock options before releasing results from infill drill testing. The allegations, according to the decision, stem from events in December 2010 when the Canaco board voted to issue stock options to directors and managers in the midst of receiving drill results from its Magambazi gold deposit in Tanzania. Securities Commission review panel has ruled that Randy Smallwood, above, and three other directors of Canaco Resources did not contravene securities laws by failing to disclose drill results immediately.online payday loans

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