VANCOUVER, Dec. 18, 2012 /CNW/ - The British Columbia Securities
Commission is warning the public not to purchase shares or other
securities of Flag Resources (1985) Limited, a mining company that has
been cease-traded in British Columbia since 2006. Buying or selling any
securities of a cease-traded company is an offence under the Securities
The BCSC has become aware that shares and warrants of Flag Resources are
being distributed throughout British Columbia and Alberta, with much of
the activity taking place in Kelowna.
The BCSC urges investors, agents, or members of the public who have been
approached or have information about Flag Resources to contact the BCSC
inquiries line at 604-899-6854 or 1-800-373-6393 (toll free).
The BCSC is the independent government agency responsible for regulating
trading in securities within the province. Learn how to avoid
investment fraud at the BCSC's investor education website: www.investright.org.
SOURCE: British Columbia Securities Commission
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