Insider Trading Risks During COVID-19

The COVID-19 crisis has brought about many changes for mining companies, from ensuring the safety of both office and exploration staff in the context of social distancing and public health protocols, to meeting novel challenges associated with regulatory filing deadlines and virtual shareholder meetings.

The public market landscape, much like the world itself, is a significantly different place than it was a mere four months ago. And while regulatory exemptive relief measures have eased some of the burden, both the future of the virus itself and the entirety of its impact remain uncertain.

In this rapidly changing environment, it is imperative that insiders and public companies be mindful of insider trading and reporting responsibilities and take an overly conservative approach to compliance.