Two Winnipeg residents are being accused by the Manitoba Securities Commission of engaging in market manipulation of shares in Benton Resources Corp.
The MSC says Janice Thoroski and Clair Calvert traded in Benton by up-ticking and spoofing shares to mislead trading activity or artificially inflate the price to manipulate the market.
Staff of the MSC is seeking to have Thoroski and Calvert cease trading and prohibited from acting as a director or officer of an issuer. Neither party has been registered under the Securities Act of Manitoba.
ChrisD.ca is Winnipeg's only independent digital news outlet, producing reliable journalism and localized content since 2007. As we grow as a company, so do our expenses into creating the news, sports and entertainment coverage you've come to expect from us. We ask that if you enjoyed reading this article that you consider making a small donation towards our efforts. It would be greatly appreciated in helping us reinvest to expand our reach and hire additional freelance reporters and photographers. Thank you!