Secretive online stock promoter joins board of suspended uranium miner Zeus Resources (ASX:ZEU)

Non Executive Director, Colin Mackay Suspended uranium explorer Zeus Resources (ZEU) has appointed Colin Mackay, the founder of a secretive online network of investors, as its newest board member

Mr Mackay says he is joining ZEU to help the company get unsuspended from the ASX after the market operator deemed ZEU’s operations “not adequate” to warrant quotation

Zeus’ uranium tenements are all based in Western Australia, where state legislation has banned the development of new uranium projects for the foreseeable future

Meanwhile, ASIC has recently warned against ‘pump and dump’ campaigns that use social media and other online platforms to spruik stocks for personal financial gain The corporate watchdog is yet to respond to a request from The Market Herald to comment on Mr Mackay, who appears to run such a campaign, and his appointment to the ZEU board Embattled uranium explorer Zeus Resources (ZEU) has appointed […]

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