Fission board faces competition at AGM

摘要

The motivation behind an alternative slate of directors proposed by an acutely minority shareholder group continues to confound Fission Uranium chief executive Dev Randhawa and he remains confident shareholders will return the board that has moved the company forward against the falling uranium price. In a circular to shareholders in mid-November, Fission put forward its case to return its current mix of directors to their seats at the annual general meeting on December 15. It also confirmed the anticipated proposal of an alternative slate of directors from James Gifford, who owns about 126,000 of the 386 million shares outstanding.