ARAKIS: HIGH RISK OIL PLAY (AKSEF) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Larry Davis who wrote ()	12/29/1999 2:27:00 PM
From: bully	of 9164

B.C. Securities Commission - Van Sun says BCSC nails Arakis's Alexander B.C. Securities Commission BCSEC Shares issued 0 1899-12-30 close $0 Thursday Feb 25 1999 See Arakis Energy Corp (AKSEF) In the News The Vancouver Sun reports in its lead business story in its Thursday edition that Howe Street promoter Terry Alexander has agreed to pay a record $1.2-million in penalties after admitting he traded millions of shares of heavily-promoted Arakis Energy through offshore accounts. Reporter David Baines says that Mr. Alexander also agreed not to sell stock, or act as an officer, of any British Columbia public company for the next 20 years. The settlement was reached after B.C. Securities Commission investigators obtained crucial trading information from government regulators in Jersey in the Channel Islands. It was the first time that regulators have been able to pierce the veil of secrecy that usually surrounds such offshore tax havens. The commission hopes this case will send the message that people ought to be nervous about using offshore accounts for illegal stock transactions, according to BCSC executive director Michael Watson.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next