Investor Alert: BCSC issues warning about Flag Resources (1985) Limited
VANCOUVER, Dec. 18, 2012 /CNW/ - The British Columbia Securities Commission is warning the public not to purchase shares or other securities of Flag Resources (1985) Limited, a mining company that has been cease-traded in British Columbia since 2006. Buying or selling any securities of a cease-traded company is an offence under the Securities Act.
The BCSC has become aware that shares and warrants of Flag Resources are being distributed throughout British Columbia and Alberta, with much of the activity taking place in Kelowna.
The BCSC urges investors, agents, or members of the public who have been approached or have information about Flag Resources to contact the BCSC inquiries line at 604-899-6854 or 1-800-373-6393 (toll free).
The BCSC is the independent government agency responsible for regulating trading in securities within the province. Learn how to avoid investment fraud at the BCSC's investor education website: www.investright.org.
SOURCE British Columbia Securities Commission
More by this Source
BCSC alleges fraud and illegal distributions against two sisters and Alberta company
May 22, 2013, 17:05 ET
BCSC alleges that man made false statements while promoting investment on website and Craigslist
May 10, 2013, 13:30 ET
B.C. man agrees to sanctions for illegally distributing securities
May 07, 2013, 15:30 ET
Featured Video
Journalists and Bloggers
Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.
View and download archived video content distributed by MultiVu on The Digital Center.
Custom Packages
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.