Athabasca held its AGM yesterday in Calgary. Voting for election o f directors was notable in that five out of the six directors received less than 70% "Votes For". Athabasca noted that a large individual shareholder appears to have been "working alone or jointly and in concert with others" to unlawfully solicit proxies. We believe the large individual shareholder Athabasca is referencing is former CEO Sveinung Svarte, who attended the AGM and voiced numerous criticisms during the question and a ....
22 Jun 2016
AGM REVEALS DISSIDENT SHAREHOLDER ACTIONS
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AGM REVEALS DISSIDENT SHAREHOLDER ACTIONS
Athabasca Oil Corporation (ATH:TSE) | 0 0 -2.8% | Mkt Cap: 535.3m
- Published:
22 Jun 2016 -
Author:
Michael P. Dunn -
Pages:
2
Athabasca held its AGM yesterday in Calgary. Voting for election o f directors was notable in that five out of the six directors received less than 70% "Votes For". Athabasca noted that a large individual shareholder appears to have been "working alone or jointly and in concert with others" to unlawfully solicit proxies. We believe the large individual shareholder Athabasca is referencing is former CEO Sveinung Svarte, who attended the AGM and voiced numerous criticisms during the question and a ....