B.C. mining executive fined $40K for consulting misrepresentations

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B.C. mining executive fined $40K for consulting misrepresentations
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Bryn Gardener-Evans suggested that the B.C. Securities Commission has found difficulties with its regulations and is changing them after the fact while using him as a 'scapegoat.'

Former B.C. mining company executive Bryn Gardener-Evans has been fined $40,000 for omitting relevant information in news releases with respect to private placements funded by consultants from the Bridgemark Group case.

It was previously determined, last April, Gardener-Evans made misrepresentations on two private placements for New Point Exploration worth a total of $6.4 million, in July and August of 2018. Gardener-Evans did not cut a deal with the commission ahead of his hearing, unlike many other companies and executives.

He also said it was unfair for the commission to proceed against him considering it had halted trading in the company before the consultants had an opportunity to carry out any work.

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