Maybe NEW BOARD NEW FUTURE for AVZ...!!! I will WAIT and SEE...!!!!...
AVZ Minerals Limited (ASX: AVZ, OTC: AZZVF) (Company) advises Fat Tail Holdings Pty Ltd (Fat Tail) filed an originating process on Friday 15 December 2023 commencing proceedings in the Supreme Court of Western Australia against the Company and two of its directors, Mr Nigel Ferguson and Mr John Clarke. The proceedings brought by Fat Tail allege the Company has engaged in oppressive conduct against shareholders and that Mr Ferguson and Mr Clarke have engaged in misleading or deceptive conduct. Fat Tail seeks orders that Mr Ferguson and Mr Clarke be removed as directors of the Company and not be eligible for re-election for 24 months or such other period ordered.
AVZ Price at posting:
78.0¢ Sentiment: None Disclosure: Held