Home ForexTrading Former director of joint venture partner charged with insider trading offences

Former director of joint venture partner charged with insider trading offences

by Jonathan Adams

Darren James Lind, 45, a former director of Golden Fields Resources Pty Ltd and a director of Longer View Pty Ltd, was represented in the Adelaide Magistrates Court today charged with 2 counts of insider trading in shares of Minotaur Exploration Limited (Minotaur).

ASIC alleges Mr Lind, of Brighton, South Australia, procured Longer View Pty Ltd to acquire 100,000 shares in Minotaur on two occasions on July 28, 2014.

ASIC alleges that Mr Lind was in possession of information concerning Minotaur drill testing related to the Eloise Project in Cloncurry, Queensland prior to buying the shares.

All matters have been adjourned to the Adelaide Magistrates Court on November 1, 2016.

The Commonwealth Director of Public Prosecutions is prosecuting this matter.

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