Investor Alert: BaFin Warning About Misleading Buy Recommendations

The British Columbia Securities Commission (BCSC) has become aware that the Federal Financial Supervisory Authority of Germany (BaFin) issued a warning to investors about Goldex Resources Corporation, a Vancouver-based TSXV company.

The BaFin alert states that: “buy recommendations are currently being issued for shares in Goldex Resources Corp. (ISIN: CA3813663018) via e-mail market letters. BaFin has evidence indicating that these buy recommendations contain false or misleading information and/or that existing conflicts of interest are wrongfully concealed.”

The BCSC encourages investors to carefully consider all public information about a company before making an investment decision. The BCSC asks investors to contact the BCSC Inquiries line at 604-899-6854 or 1-800-373-6393 if they received buy recommendations on Goldex through email newsletters.

If you have any concerns about a person or company offering an investment opportunity, please contact BCSC Inquiries at 604-899-6854 or 1-800-373-6393 or through e-mail at [email protected] You can also file a complaint or submit a tip anonymously using BCSC’s online complaint form.

InvestRight.org is the British Columbia Securities Commission’s investor education website. Subscribe to receive email updates from BCSC InvestRight.

Suggested Reading

Investor Alert: BCSC Issues Warning About Vancouver Stock Exchange Corp.

Investor Alert: Aggressive stock promotion exploits fears of coronavirus recession

Investor alert: “Split games,” a Type of Pyramid Scheme | 投資者警示 : “拆分盘”,一种金字塔式经营计策

More Resources

Investor Alert: Weizhen Tang

Investors who have been approached by Tang should contact the BCSC

Investor Alert: Crypto-Asset “Smart Wallets” | 投資者警示: 加密资产 “智能钱包”

The BCSC has issued an investor alert about "smart wallet" apps.