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News Release

Investor Alert: BaFin warning about misleading buy recommendations

  • Date:

    2018-03-01
  • Number:

    2018/13

Vancouver - The British Columbia Securities Commission (BCSC) has become aware that the Federal Financial Supervisory Authority of Germany (BaFin) issued a warning to investors about Goldex Resources Corporation, a Vancouver-based TSXV company.

The BaFin alert states that: "buy recommendations are currently being issued for shares in Goldex Resources Corp. (ISIN: CA3813663018) via e-mail market letters. BaFin has evidence indicating that these buy recommendations contain false or misleading information and/or that existing conflicts of interest are wrongfully concealed."

The BCSC encourages investors to carefully consider all public information about a company before making an investment decision. The BCSC asks investors to contact the BCSC inquiries line at 604-899-6854 or 1-800-373-6393, if they received buy recommendations on Goldex through email newsletters.

About the British Columbia Securities Commission (www.bcsc.bc.ca)

The British Columbia Securities Commission is the independent provincial government agency responsible for regulating capital markets in British Columbia through the administration of the Securities Act. Our mission is to protect and promote the public interest by fostering:

  • A securities market that is fair and warrants public confidence
  • A dynamic and competitive securities industry that provides investment opportunities and access to capital

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Media Contact:
Alison Walker
604-899-6713

Public inquiries:
604-899-6854 or 1-800-373-6393 (toll free)
inquiries@bcsc.bc.ca

Learn how to protect yourself and become a more informed investor at www.investright.org