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CRNZF / Capricorn Energy seeks compromise with Palliser as vote looms

Capricorn Energy PLC (LSE:CNE, OTC:CRNZF) has thrown an olive branch to activist shareholder, Palliser Capital, suggesting that with agreement the board could be reconstituted to reassess the NewMed deal with a recommendation then made to shareholders. Palliser has been agitating for change at Capricorn, arguing that the NewMed merger should be scrapped and seven directors removed, replaced with six of its own nominees. Read More

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Energy

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Compromise

With

Palliser

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Looms

Stock

CRNZF

Posted: Jan 17 2023, 10:30

Author Name: Proactive Investors

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