Ann: Director Resignation - Evgenij Iorich, page-2

I notice from a recent Vimy announcement that Vanessa Guthrie has resigned from their board.

 

“Vanessa is the shareholder nominee representative of Resource Capital Funds VI L.P. who have indicated they currently do not require Board representation.” I wonder if that representation is no longer required because Vimy is in survival mode and there is no “action”in VMY’s uranium project pipeline or is it because RCF are pulling the pin? If my memory serves me correctly, RCF sold out of Bannerman Resources. If the latter, then what does this mean for PEN, if anything? Are RCF considering an exit from PEN? At the other end of the spectrum, are they dropping their interest in VMY and Bannerman to position themselves for a tilt at PEN? Conspiracy theory I know but interesting nonetheless.

 

The recent resignation of Pala’s board representative still nags at me.