Wednesday, April 6, 2011

E-Mail Responce by the Investment Industry Regulatory Organization of Canada

Hello,

Thank you for your email concerning Century Mining Corporation (CMM) and White Tiger Gold Ltd. (WTG).

Please note that staff at Investment Industry Regulatory Organization of Canada ("IIROC"), routinely monitor trading and review all instances of unusual trading. As such, this information has been forwarded to a trading analyst for further review. Due to our confidentiality guidelines, we are unable to comment on or disclose any information about any matter being reviewed, and as such, you will hear nothing further from us in this regard. However, please be assured that appropriate action will be taken. If you do see further evidence of this, with specific details, dates and times, please feel free to forward your concerns.

Mergers and Acquisitions of publicly listed companies do not fall under IIROC’s jurisdiction. As such, I have taken the liberty of forwarding your email to the British Columbia Securities Commission (“BCSC”) for your concerns involving CMM and to the Ontario Securities Commission (“OSC”) for WTG, for their review and response. For your reference; the BCSC can be reached by email at inquiries@bcsc.ca or by telephone at 604-899-6644 and the OSC can be reached by email at inquiries@osc.gov.on.ca or by telephone at 416-593-8314 or toll free at 1-877-785-1555.

Public corporate information on a company, including their filings can be found on The System for Electronic Document Analysis and Retrieval (“SEDAR”). The website address is: http://www.sedar.com/homepage_en.htm.

Another website you may be interested in is The System for Electronic Disclosure by Insiders (“SEDI “), this has insider transaction information. This website address is: https://www.sedi.ca/sedi/SVTWelcome?locale=en_ca&pageName=splashPage.

IIROC exists to develop, administer, surveil and enforce trading rules through the Universal Market Integrity Rules ("UMIR"), in the Canadian securities market. You may find out more about UMIR by clicking on this link: http://www.iiroc.ca/English/ComplianceSurveillance/RuleBook/Pages/UMIR.aspx , or by visiting our website at http:www.iiroc.ca then selecting "Compliance and Surveillance" from the menu options at the top. Proceed to IIROC Rule Book and select "Market Integrity Rules - UMIR".

If you have any further concerns, please do not hesitate to contact us at any time.

Regards,

Juan Gomez on behalf of

Regards,

Charmaine Wall
Inquiries Officer
Investment Industry Regulatory Organization of Canada
T: 416.646-7299
F: 416-646-7271
inquiries@iiroc.ca

2 comments:

GoldBandit said...

I encourage everyone to write letters and emails to the OSC, BCSC, IIROC, etc. If we are to expose them then let's do it with convincing numbers.

nt300 said...

Agreed GoldBandit, which is why we need to somehow retrieve specific details, dates and times as the e-mail suggested. Perhaps somebody among us is really good at digging up information and can come up with a simple to read table of events, times and dates leading up and after this merger offer with a comment after each event explaining the situation. Something similar to Carib’s detailed assessment of Finiskiy’s Planned Takeover. Though I am sure our Board Committee are doing just that...
It just seems as though everything was correlated in a way to drive CMM share value down. These sequences of events IMHO were setup up to artificially deflate CMM share price and make WTG’s offer more appealing.
If we can do most of the research I believe the authorities will assist in any manner possible and hopefully charge those who are guilty...