The B.C. Securities Commission has fined a junior mining industry executive and insider $50,000 for failing to file timely reports of his securities trading activity.
The commission stated in a news release Wednesday that insider Christopher R. Anderson has already paid the fine stemming from a settlement agreement with the commission.
Between 2020 and 2023, Anderson was an officer, director or significant shareholder—or some combination of those roles—for five B.C. reporting issuers whose shares traded on the TSX Venture Exchange, the commission noted.
Anderson failed to file insider reports for about 172 transactions involving securities valued at $2,097,332 by the required deadline.
Anderson also admitted that, as a significant shareholder of three
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