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Former Quantum director Avrohom Kimelman pleads guilty to market manipulation and insider trading


Date Time
Former Quantum director Avrohom Kimelman pleads guilty to market manipulation and insider trading
Former Quantum Resources Ltd (Quantum) CEO and director Avrohom Mordechai Kimelman, of St Kilda East, Victoria, pleaded guilty on 30 June 2021 before the County Court of Victoria to one charge of conspiracy to manipulate the market in Quantum shares and one rolled up charge of procuring the acquisition of shares in Quantum while in possession of inside information.
ASIC alleged that, on 16 November 2015, Mr Kimelman conspired with others to manipulate Quantum shares (20-223MR and 21-050MR).
ASIC also alleged that Mr Kimelman procured the acquisition of 1,990,963 Quantum shares between 27 April 2016 and 5 May 2016, while in possession of inside information concerning Quantum’s intention to acquire Manitoba Minerals Pty Ltd, which had agreed to acquire an interest in a lithium resource in Canada (20 -145MR). ....

Avrohom Mordechai Kimelman , Quantum Resources Ltd , Melbourne County Court , Manitoba Minerals Pty Ltd , Former Quantum Resources Ltd , County Court , Criminal Code , Corporations Act , Commonwealth Director , குவாண்டம் வளங்கள் லிமிடெட் , மெல்போர்ன் கவுண்டி நீதிமன்றம் , ம்யாநிடோப தாதுக்கள் ப்டி லிமிடெட் , கவுண்டி நீதிமன்றம் , குற்றவாளி குறியீடு , நிறுவனங்கள் நாடகம் , காமன்வெல்த் இயக்குனர் ,

Man charged over market manipulation conspiracy


Man charged over market manipulation conspiracy
Reporter
17 March 2021
A man has appeared in the Perth Magistrates Court charged with conspiring with others to manipulate the market. 
ASIC alleges that Benjamin Heath Cooper conspired with Avrohom Kimelman and Don Evans to manipulate the share price of Quantum Resources Limited (now known as Nova Minerals Limited) in 2015.
In 2020, ASIC alleged that Mr Kimelman was in possession of inside information concerning the company’s intention to acquire Manitoba Minerals Pty Ltd – which had agreed to acquire an interest in a lithium resource in Canada – when he applied for the acquisition of 3,957,150 of Quantum’s shares. Mr Evans was also charged with procuring 1,500,000 shares while in possession of inside information.  ....

Don Evans , Benjamin Heath Cooper , Avrohom Kimelman , Nova Minerals , Quantum Resources , Manitoba Minerals Pty Ltd , Quantum Resources Limited , Nova Minerals Limited , தாதா எவன்ஸ் , பெஞ்சமின் ஹீத் கூப்பர் , நோவா தாதுக்கள் , குவாண்டம் வளங்கள் , ம்யாநிடோப தாதுக்கள் ப்டி லிமிடெட் , குவாண்டம் வளங்கள் வரையறுக்கப்பட்டவை , நோவா தாதுக்கள் வரையறுக்கப்பட்டவை ,