Look who's trying to get on the board at Intrepid?
Read below and don't laugh at the last potential appointee.
He's going to save them too.
Get out of that one if your in it!!!
Intrepid statement below......................
Time for a New Board
?Our financial interest is fully aligned with fellow shareholders
?Lost confidence in Board and leading requisition of General Meeting
?Vote YES TO ALL PROPOSED RESOLUTIONS to
?remove five of the seven existing directors and
?appoint four new directors and retain 2 existing directors
?Proposed Directors have skills and experience needed to overcome current leadership crisis and restore value to Company’s share price, including:
A significant financial stake in the Company
Extensive prior experience in successfully resolving corporate disputes between Indonesian and international partners
Generating substantial shareholder returns for both international and local shareholders through resolving the above corporate disputes, and additional foreign-local joint ventures in Asia
Relevant executive-level operational & management mining experience
The Proposed Directors are:Expand All | Collapse All
Mr. Greg Mazur (Proposed Chief Executive Officer)
Founding partner of Quantum Pacific Capital
Mr. Paul Lim
Over 25 years of banking experience
Mr. Cliff Sanderson (Independent; Proposed Chairman)
26-year specialist in corporate restructuring and transaction advisor
Mr. Campbell Baird (Independent)
Nearly 20 years of mining related experience
?Former CEO of Focus Minerals Limited, a Western Australia gold producer
?Increased annual productions by 4x to 176koz through organic development and strategic acquisitions, developed strategic partnerships and raised more than A$200 million in equity capital
Proposed Directors are well positioned to resolve leadership crisis and restore value to Company’s share price for all shareholders
Proposed Board will be Majority Independent*
unlike current Board
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