CALGARY, Aug. 27, 2012 /CNW/ - The Alberta Securities Commission (ASC) has dismissed all allegations against Donald A.W. Keith, Mary Lee Keith, Michael Brian McCue and Arthur Allan McCue that, among other things, they breached Alberta securities laws by engaging in illegal insider trading in shares of former Calgary-based oil and gas company Berens Energy Ltd.
A copy of the decision is available on the ASC website at www.albertasecurities.com.
The ASC is the regulatory agency responsible for administering the province's securities laws. It is entrusted to foster a fair and efficient capital market in Alberta and to protect investors. As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.
SOURCE: Alberta Securities Commission
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