Commission Settles with William Fleming

The Nova Scotia Securities Commission has settled a case with William Fleming today, Jan. 13, who admitted to not filing insider trading reports.

Mr. Fleming was an insider with The Helical Corporation Inc., a reporting issuer in Nova Scotia, from Dec. 12, 2005, until Jan. 2, 2007. During that time, he bought shares of Helical without filing the required insider reports which Mr. Fleming acknowledged contravened section 113 of the Nova Scotia Securities Act.

Under the order and settlement agreement, Mr. Fleming will pay an administrative penalty of $2,500 to the commission. He will also pay $500 in investigation and proceedings costs.

The Nova Scotia Securities Commission is the provincial government agency responsible for regulating trading in securities in the province. To view the order and settlement agreement, visit the website at www.gov.ns.ca/nssc/compliancenforce/enforproceedings.asp .