Currently viewing Global edition

Mason Graphite owner speaks up as proxy contest brews

A major owner of Canada-based Mason Graphite has condemned as wasteful management actions this week to retain a financial adviser to undertake a strategic review just three weeks ahead of a contested AGM.

Mason Graphite owner speaks up as proxy contest brews Mason Graphite owner speaks up as proxy contest brews Mason Graphite owner speaks up as proxy contest brews Mason Graphite owner speaks up as proxy contest brews Mason Graphite owner speaks up as proxy contest brews

A proxy contest is brewing as a contested AGM for Mason Graphite shareholders and the future of the Lac Gueret project, in Quebec, nears

The second-largest shareholder, Fahad Al-Tamimi, said he "vehemently disagrees" with the company's decision to "needlessly spend" shareholders' money to engage Laurentian Bank Securities "mere days