INSIDER TRADING — AMF, Argosy execs increase holdings

Recent insider trading reported in the Ontario Securities Commission’s OSC Bulletin includes the following:

• America Mineral Fields (AMZ-T) — Bernard Vavala, director, bought 27,200 shares at 59-69 cents per share to hold 167,300 shares.
• Argosy Mining (AGO-V) — Yale Simpson, director, bought 5 million shares at 13 cents following the company’s announcement that it intends to merge with Calliope Metals (CYO-V) to form Argosy Minerals, and cancelled 850,000 options. Simpson holds 6.28 million shares and no options.
• Asia Minerals (AMP-A) — David Owens, director, bought 25,000 shares at 20-23 cents to hold 1.04 million shares.
• Lakefield Minerals (LKFD-C) — Dominique Monardo, director, bought 145,000 shares indirectly at 5-20 cents to hold 769,328 shares in two indirect accounts and 1.5 million shares directly.
• Meridian Gold (MNG-T) — FMR Corp., owner of more than 10% of the company, indirectly bought 404,500 shares at US$5.77-6.27 and sold 9,500 shares at US$5.96 to hold 8.27 million shares.
• Nuinsco Resources (NWI-T) — Margaret Archibald, deemed an insider, sold 104,200 shares at $2.95-3.20 to hold 74,864 shares. Stuart Averill, director, sold 10,000 shares indirectly at $2.95-3.08 and another 10,000 shares indirectly at $2.97 to hold 105,666 shares directly and 64,666 shares indirectly.
• Opawica Explorations (OPW-T) — Paul Antoniazzi, director, sold 11,700 shares at $1.52-1.84 and bought 500 shares at $1.4 to hold 169,900 shares. Donald Clark, director, sold 14,000 shares indirectly at $1.56-1.65 and bought 22,500 shares at $1.10-1.80 to hold 104,300 shares.
• United Keno Hill Mines (UKH-T) — Stephen Powell, director and owner of more than 10%, indirectly acquired 429,266 convertible debentures in a private placement, converted 1.29 million debentures into 1.72 million shares, and sold 186,500 shares at 17-25 cents to hold 3.95 million shares and 734,954 convertible debentures indirectly.