The British Columbia Securities Commission has alleged that David Charles Greenway and three reporting issuers connected to him provided false or misleading information to shareholders by failing to disclose Greenway’s disciplinary history in information circulars sent ahead of annual general meetings. The issuers are Quantum Battery Metals Corp., Montego Resources Inc. and Uranium One Mining Corp., previously known as Vanguard Mining Corp., where Greenway was nominated for reelection as a director. The case centers on omitted sanctions from 2012 and 2025. Greenway had been sanctioned in 2012 for illegal insider trading and in 2025 for failing to disclose that disciplinary history in other information circulars. The commission alleges that all three companies failed to disclose the 2012 sanctions, and that two of the three also failed to disclose the 2025 sanctions in circulars sent after Greenway learned of that 2025 decision. Greenway signed the circulars on behalf of the companies, and the commission further alleges that he authorized, permitted or acquiesced in each company’s contraventions. The allegations have not been proven. The commission requires the respondents or their counsel to appear at its offices on Aug. 18, 2026, if they wish to be heard before a hearing is scheduled.
British Columbia Securities Commission2026-07-17
British Columbia Securities Commission alleges director and three issuers sent misleading shareholder circulars by omitting prior sanctions
The British Columbia Securities Commission has alleged that David Charles Greenway and three reporting issuers sent false or misleading shareholder circulars by omitting his past sanctions from annual meeting disclosure. All three companies allegedly failed to disclose Greenway’s 2012 insider trading sanctions, and two also omitted his 2025 sanctions for the same type of disclosure failure. The allegations have not been proven, and the respondents may appear on Aug. 18, 2026 before a hearing is scheduled.