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Option-related selling at Teck Resources (T:TECK)

Updated Monday Feb 26, 2018 03:20 AM EDT

Tim Watson, a Senior Officer, exercised Options and disposed of 208,668 Class B Subordinate Voting Shares on a direct ownership basis at a price of $36.761 on February 20th, 2018. This represents a $7,670,844 divestment of the company's shares and an account share holdings change of -100.0%.

Robin Sheremeta, a Senior Officer, also exercised Options and disposed of 8,000 Class B Subordinate Voting Shares on a direct ownership basis at a price of $36.951 on February 23rd, 2018. This represents a $295,611 divestment of the company's shares and an account share holdings change of -28.6%.

Teck Resources is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Teck Resources Ltd is engaged in the business of exploring for, acquiring, developing and producing natural resources. The Company's activities are organized into business units that are focused on steelmaking coal, copper, zinc and energy. It operates in five segments: steelmaking coal, copper, zinc, energy and corporate. The corporate segment includes all of its activities in commodities other than copper, coal, zinc and energy. Through its interests in mining and processing operations in Canada, the United States, Chile and Peru, the Company is a seaborne exporter of steelmaking coal, and producer of copper and mined zinc. It also produces lead, molybdenum, silver, and various specialty and other metals, chemicals and fertilizers. In addition, the Company owns interest in the Fort Hills oil sands project and interests in other assets in the Athabasca region of Alberta. It is engaged in advancing porphyry copper projects in Canada, Chile, Peru, the United States and Turkey.

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Go to Teck Resources Limited (TECK)'s company page

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