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It is unlawful for anyone (including Company employees and consultants) to trade (including buying or selling) securities (shares and options) whilst that person is in possession of information not generally available to the public that may have a material impact (either positive or negative) on the price or value of such securities. It is also unlawful to pass on any such “inside information” to another person if you know or ought reasonably to know that this person is likely to trade or have some other person trade in those securities. The penalties for a breach of the above provision are severe, including substantial fines and imprisonment. The bodies that regulate companies and share trading regularly monitor trading in company securities, particularly before announcements of significant new information. The sorts of information that might be “price sensitive” include: exploration (including drilling) results; assay results; proposed transaction (including joint ventures, buying or selling assets, applying for or being granted new mining tenements) by the Company; the raising of capital or the issue of securities; changes in the Board or senior management; and profit results and dividends. In addition to the above being unlawful, it is Company policy that employees, consultants and Directors comply with these rules and a breach will be considered by the Company to be a very serious matter and could result in the termination of such relationships with the Company.
  • Company Phone +61 8 6143 1840
  • Address Line 1 Suite 2, Level 2,, 20 Kings Park Road, WEST PERTH, WA, AUSTRALIA,
  • City Perth
  • State Western Australia
  • Country Australia
  • Postcode 6005
  • Industry Materials
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