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CRNZF / Capricorn Energy argues case for NewMed merger as it responds to activist's alternative proposals

Capricorn Energy PLC (LSE:CNE, OTC:CRNZF) has released an open letter to shareholders as it seeks to promote its proposal to pay out a special dividend and merge the remainder of its business with NewMed Energy. It comes as the board is being challenged by activist shareholder Palliser Capital which has called for the replacement of Capricorn's management team, and, is expected to oppose the proposed combination with Israeli based NewMed. Read More

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Capricorn

Energy

Argues

Case

Newmed

Merger

Responds

Activist s

Alternative

Proposals

Stock

CRNZF

Posted: Jan 5 2023, 04:17

Author Name: Proactive Investors

CRNZF News

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By Proactive Investors
January 5, 2023

Capricorn Energy argues case for NewMed merger as it responds to activist's alternative proposals

Capricorn Energy PLC (LSE:CNE, OTC:CRNZF) has released an open letter to shareholders as it seeks to promote its proposal to pay out a special dividen

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