SHAREHOLDER ALERT: Barkerville Gold Mines’ 2012 Technical Report Found to be Substandard
TORONTO – Morganti Legal, a cross-border law firm focused on representing investors, has commenced an investigation into potential violations of the securities laws by Barkerville Gold Mines Ltd. (TSX Venture: “BGM” and CUSIP: 067642; Frankfurt: IWUB).
On June 28, 2012, Barkerville Gold published a press release announcing a NI 43-101 compliant, indicated resource estimate for its Cow Mountain project of 10.6 million ounces. On August 13, 2012, Barkerville Gold published the Technical Report containing this resource estimate. The very next day, the British Columbia Securities Commission (“BCSC”) issued a cease trade on Barkerville Gold’s stock. When the Company’s stock resumed trading more than a year later on October 9, 2013, it immediately lost more than 53% of its value.
Investors who purchased Barkerville Gold’s securities are encouraged to stay informed and contact Morganti Legal at (888) 226-0845 or by email at [email protected] for further information. You may learn more about Morganti Legal at www.morgantilegal.com.
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