Regulatory Alerts2025-08-12
Darryl Mapleson sentenced in Beacon Minerals insider trading case
The Supreme Court of Western Australia sentenced Darryl Mapleson to 12 months imprisonment and a $60,000 fine for insider trading related to Beacon Minerals Limited shares in 2017. Mapleson, a geological services provider and Competent Person for the company, traded nearly 6.8 million shares while in possession of undisclosed positive drilling results that subsequently caused a 33 percent share price increase. The prosecution was initiated by the Office of the Director of Public Prosecutions following a referral from ASIC.
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