Canada: Former Liberty Mines director engaged in illegal insider trading, ASC rules

Alberta’s securities regulator has ruled that the former president and CEO of nickel and cobalt miner Liberty Mines Inc. committed insider trading after he was dismissed by its board of directors.

The Alberta Securities Commission said late Monday that a panel found Richard Gary Nash had insider knowledge when he sold 1.2 million shares following his departure from the company’s board and management team in 2010.

via Canada: Former Liberty Mines director engaged in illegal insider trading, ASC rules – Winnipeg Free Press