Reports by the Ontario Securities Commission show that two directors of
Ned Goodman allowed to expire 50,000 options at $3.40 and was granted 50,000 options at $1.05 to hold 150,000 options, whereas Garth MacRae allowed to expire 50,000 options at $3.40 and was granted 50,000 options at $1.05 to hold 150,000 options.
Other transactions reported in the Commission’s OSC Bulletin include the following:
Cominco Ltd. (CLT-T) — Brian Aune, director, was granted 10,000 options at $17.40 to hold 50,000; Hugh Bolton, director, was granted 10,000 options at $17.40 to hold 20,000; Roger Brain, director, was granted 20,000 options at $17.40 to hold 95,000; Norman Keevil, director, was granted 20,000 options at $17.40-24.50 to hold 50,000; Denham Kelsey, director, was granted 10,000 options at $17.40 to hold 30,000; John Kerr, director, was granted 10,000 options at $17.40 to hold 50,000; Jack McOuat, director, was granted 10,000 options at $17.40 to hold 50,000; David Sinclair, director, was granted 10,000 options at $17.40 to hold 42,000; David Thompson, director, was granted 60,000 options at $17.40 to hold 300,000; Donald Worth, director, was granted 10,000 options at $17.40 to hold 20,000; Glen Darou, officer, was granted 20,000 options at $17.40 to hold 60,000; Ronald Henningson, officer, was granted 20,000 options at $17.40 to hold 65,000; Douglas Horswill, officer, was granted 12,000 options at $17.40 to hold 48,000; Michael Longinotti, officer, was granted 12,000 options at $17.40 to hold 41,000; Gerard Manuei, officer, was granted 12,000 options at $17.40 to hold 41,000; Bryan Morris, officer, was granted 12,000 options at $17.40 to hold 44,000; James Utley, officer, was granted 24,000 options indirectly at $17.40-24.50 to hold 40,000 indirectly; Anthony Zoobkoff, officer, was granted 3,000 options at $17.40 to hold 15,053; and Harold Keevil, executive of a company holding than more than 10%, sold 10,000 shares at $17.05-17.50 to hold none directly and 2,000 indirectly.Corona Gold (CRG-T) — Ned Goodman, director, was granted 152,814 options at $1.85 to hold 582,064 options.Cumberland Resources (CBD-T) — Abraham Aronowicz, director, bought 58,800 shares privately at $1.70 to hold 3.37 million shares; Deans Knight Capital Management, holder of more than 10%, bought 592,648 shares indirectly at $1.70 to hold 3.11 million shares; and Jonathan Rubenstein, director, bought 10,000 shares in a private placement at $1.70 to hold 60,900 shares.DiamondWorks (DMW-T) — Robertson Stephens Investment, owner of more than 10%, sold 190,000 shares indirectly at US26 cents-40 cents to hold 15.88 million shares indirectly.Etruscan Resources (EET-T) — Robertson Stephens Investment, holder of more than 10%, sold 438,100 shares indirectly at US79 cents-97 cents and 51,310 warrants at US1 cents to hold 5.33 million shares indirectly and 1.35 million warrants; Anthony Hayes, officer, sold 2,000 shares at $1.30-1.46 to hold 60,500 shares; and Gerald McConnell, director, bought 5,000 shares at $1.35 to hold 407,345 shares directly and 7,500 shares indirectly.
US filings
Meanwhile, recent filings with the U.S. Securities and Exchange Commission show that nine executives of Homestake Mining (hm-n) have increased their holdings in that company.
Jack Thompson, chairman, exercised 37,733 options at US$9.13 and sold 13,376 shares at US$9.13 to hold a total 82,868 shares; Gene Elam, officer, exercised 14,150 options at US$9.13 and sold 5,016 shares at US$9.13 to hold a total of 22,926 shares; Wayne Kirk, officer, exercised 17,710 options at US$9.13 and sold 6,281 shares at US$9.13 to hold a total of 22,498 shares; Lee Graber, officer, exercised 9,500 options at US$9.13 and sold 3,368 shares at US$9.13 to hold a total 18,685 shares; Gregory Lang, officer, exercised 3,733 options at US$9.13 and sold 1,323 shares at US$9.13 to hold a total 5,927 shares; Gillyeard Leathley, officer, exercised 11,300 options at US$9.13 and sold 3,842 shares at US$9.13 to hold a total 12,858 shares: Donald Lewis, officer, exercised 3,833 options at US$9.13 and sold 1,359 shares at US$9.13 to hold a total 4,067 shares; William Lindqvist, officer, bought 3,000 shares at US$8.75, exercised 11,650 options at US$9.13 and sold 4,130 shares at US$9.13 to hold a total 11,973 shares; and August Von Fink, owner of more than 10% of the company, sold 9 million shares at US$10.06 to hold 21 million shares.
Other transactions reported south of the border include:
Nord Resources (NRD-N) — Jean Raymond Boulle, owner of more than 10%, bought 632,700 shares at US$1.00-1.63 and another 110,200 shares at US$1.75 to hold 7 million shares, or 32% of the company.Royal Gold (RGLD-Q) — Edwin Peiker, director, disposed of 9,000 shares given to him as a gift and sold 8,000 shares at US$3.88 to hold a total 421,678 shares; and James Stuckert, director, indirectly bought 1,000 shares at US$4.50 to hold 65,124 shares indirectly.Hanover Gold (HVGO-O) — Raymond Hanson, president, bought 200,000 shares indirectly at US25 cents to hold 969,814 shares indirectly; and Hobart Teneff, owner of more than 10%, purchased 200,000 shares at US25 cents to hold 1.1 million shares.U.S. Energy (USEG-Q) — Daniel Svilar, officer, disposed of 8,500 shares given to him as a gift to hold a total 926,165 shares.
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