Bell in dock as ASIC bares teeth

THE Australian Securities and Investments Commission has launched civil penalty proceedings in the Federal Court against Australian Mines and its managing director Benjamin Bell for allegedly misleading the market during presentations in London and Hong Kong between April and May 2018.

Bell in dock as ASIC bares teeth Bell in dock as ASIC bares teeth Bell in dock as ASIC bares teeth Bell in dock as ASIC bares teeth Bell in dock as ASIC bares teeth

ASIC digs in over Sconi claims

The case revolves around an announcement made by Australian Mines in February 2018 regarding a term sheet it had signed for an offtake agreement with SK Innovation, for the expected cobalt and nickel