Bradford Cooke’s Pattern of Inexplicable Trading Exposed; Sun Valley Uncovers More Instances where Mr. Cooke Sold Ahead of Dilutive Private Placements, Plus Over 50 Late Insider Reports
12 de jul de 2022
- After three weeks, answers to Mr. Cooke’s trading history and disclosure still remain in limbo.
- New issues have been uncovered at other companies where Mr. Cooke has been a director.
- Over 50 late insider reports and counting for Mr. Cooke.
- Vote only the BLUE proxy FOR Sun Valley’s nominees by 5:00 p.m. on Thursday, July 14, 2022. To vote, contact Kingsdale Advisors at 1-888-213-0093 or at firstname.lastname@example.org or visit TheNewCanagold.com.
VANCOUVER, British Columbia--(BUSINESS WIRE)--Sun Valley Investments (“Sun Valley”), a strategic and long-term focused investor of Canagold Resources Ltd. (TSX: CCM) (“Canagold” or the “Company”), has uncovered a pattern of selling shares prior to private placements and repeated late SEDI filings from Mr. Bradford Cooke, while he was a director at Aztec Minerals Corp. (TSXV: AZT) ("Aztec”) and Sixty Six Capital Inc. (CSE: SIX) (“Sixty Six”). This latest discovery follows Sun Valley’s previous finding of Mr. Cooke’s inexplicable trading activity at Canagold. Shareholders still have not received any answers from Mr. Cooke or the Canagold board of directors (the “Board”).
Aztec Minerals Corp.
Sixty Six Capital Inc.
MR. COOKE HAS BEEN LATE FILING AT LEAST 50 INSIDER REPORTS
What does it say about the Board Chair and Director when he cannot – or will not – with any consistency, comply with one of the most basic and fundamental requirements of securities law?
Mr. Cooke’s filings are not late by days; they are late by months and years, creating major gaps in disclosure. And when questioned on certain of his late filings, Mr. Cooke blamed a former SEDI filing agent. Is this same attitude and level of rigor applied to internal controls in general?
These filings are critical for shareholders to provide a complete picture of their investment. By dismissing proper reporting timelines, Mr. Cooke appears to be sending a clear message to both shareholders and regulators: I do what I want and when I want.
STOP MR. COOKE’S DESTRUCTION OF CANAGOLD: VOTE ONLY THE BLUE PROXY TODAY
Canagold shareholders can change the course of Canagold for the better and get governance on the right track at Canagold.
Sun Valley has the right plan and the resources to turn Canagold around. As announced on July 7, 2022, Institutional Shareholder Services Inc. recommends Canagold shareholders vote FOR change using Sun Valley’s BLUE proxy only.
Don’t wait, voting is fast and easy. Please vote well in advance of the proxy voting deadline of Thursday, July 14, 2022, at 5:00 p.m. ET. If you have questions or need help voting, contact Kingsdale Advisors at 1-888-213-0093 or at email@example.com.
Kingsdale Advisors is acting as strategic shareholder and communications advisor to Sun Valley. McMillan LLP is acting as legal counsel to Sun Valley.
About Sun Valley
Sun Valley is a private equity firm focussed on the precious metals industry with portfolio companies and branch offices in the Americas, Europe and Asia. Sun Valley seeks to invest in sustainable development projects and operations with growth potential, low cash costs of production, or the operating flexibility to insulate against volatility in the commodity markets.
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