Brett has been at both ends of a 249D. Maybe we should ask him for advice?
15 October 2018 ASX Release WITHDRAWAL OF SECTION 249D REQUISITION NOTICE Empire Resources Limited (ASX: ERL – “Empire” or “the Company”) advises that following the announcement on 3 October 2018 regarding a Board restructure, the requisition notice under Section 249D of the Corporations Act to remove the existing Board of Directors has been withdrawn. Following the issue of the Section 249D notice, discussions with a shareholder resulted in the appointment to the Empire Board of Michael Ruane and Jeremy Atkinson and the resignation of Brett Fraser and Chris Banasik. DAVIDSARGEANT MANAGING DIRECTOR For further information on the Company Phone: +61 8 9361 3100 www .resourcesempire.com.au
FFX Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held