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AAP
AAP
Business
Derek Rose

Former Continental Coal director sentenced over breach

Ashley D'Sylva pleaded guilty to recklessly failing to exercise his powers as a company director. (Darren England/AAP PHOTOS) (AAP)

A former director of a Perth-based mining and exploration company has been sentenced to eight months in prison for misusing bridging finance money, the securities regulator says.

The Australian Securities and Investments Commission said on Tuesday that former Continental Coal director Ashley Paul D'Sylva would be released immediately upon entering into a recognisance release order for $5,000 and was of good behaviour for 18 months.

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