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Roxgold and Oliver Lennox-King Enter Settlement Agreement

Written by Investing News Network
|
Sep. 25, 2012 07:43AM PST

Roxgold Inc. (TSXV:ROG) and Oliver Lennox-King have entered into a Settlement Agreement that terminates their proxy dispute on mutually agreeable terms, and have agreed on a new board of directors.

Roxgold Inc. (TSXV:ROG) and Oliver Lennox-King have entered into a Settlement Agreement that terminates their proxy dispute on mutually agreeable terms, and have agreed on a new board of directors.

As quoted in the press release:

Under the terms of the Settlement Agreement, the Company and OLK have agreed on a new Roxgold board of directors to be constituted by the five members of OLK’s slate, namely Messrs. Lennox-King, Walter Segsworth, Jonathan Rubenstein, Richard Colterjohn and Joseph Spiteri, and two representatives of management’s slate, namely Messrs. John Knowles and Gordon Pridham.

Click here to read the Roxgold Inc. (TSXV:ROG) press release

See this press release on Marketwire
Click here to see the Roxgold Inc. (TSXV:ROG) profile.

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