Securities Decisions and Freeze and cease trade orders
Montréal – Judge Denis Lavergne of the Court of Québec (Criminal and Penal Division), district of Montréal, found Alain Vézina guilty on five charges brought against him by the Autorité des marchés financiers (AMF).
The AMF accused him of failing to disclose, within the required 10-day period, the changes in his control over the securities of Ressources minières Normabec ltée, where he is an insider. Mr. Vézina faced five charges for violating section 97 of the Securities Act, with reference to section 174 of the Securities Regulation.
Mr. Vézina was ordered to pay a total fine of $5,000, plus costs.
Insiders are required to report, within ten days of the event, any change in their control of the securities of a reporting issuer via the System for Electronic Disclosure by Insiders (SEDI) at www.sedi.ca This link will open in a new window, thereby giving all investors access to the information within a reasonable time period.
The Autorité des marchés financiers (AMF) is the regulatory and oversight body for Québec’s financial sector.
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Frédéric Alberro (514) 940-2176
Issuers, dealers, advisers and representatives: (877) 525-0337, choose option 9 for English, then 1 for industry
Consumers and investors: (877) 525-0337, choose option 9 for English, then 8 for consumers