Oliver’s Real Food (ASX:OLI) founder refutes dissenting shareholder’s board offer claims. | NZ |

  • November 09, 2020 08:58 PM NZDT
  • Team Kalkine

The shares of Oliver’s Real Food (ASX: OLI) advanced and even came close to 12-month highs since OLI chairman and founder Jason Gunn defended the firm’s strategy in October, urging shareholders to not vote in favor of two new director nominees Dr. Michael Green and Kimley Green. As per media sources, the nominations were done by units linked with Gelba Pty Ltd, holding 18% of OLI shares, represented by Dr. Michael Green’s brother Martin-Green in association with the convenience food group.

* Blackwood Gold Project to move in top gear; Cauldron successfully closed A$1.6 million in placements. On 28 October 2020, Cauldron Energy Limited (ASX: CXU) announced a A$1.6 million capital raise plan via placements through issuing 51,612,903 ordinary shares at an issue price of A$0.031 per share. Today, the company announced to the exchanges that it successfully closed the placement.

* Cauldron Energy (ASX: CXU) gathers steam on potential high-grade gold target in Blackwood The FPO holders received one free attaching unlisted options and were allocated on the basis of 1 option for every 2 newly issued shares at an exercise price of A$0.05. The participants can exercise their options on or before 30 November 2023. Cauldron will use the funds to intensify the exploration work at its Blackwood Gold Project in Victoria. Cauldron Energy was trading at A$0.045, with a market cap of A$18.87 million as of 09 November 2020.

 


Disclaimer
The website https://kalkinemedia.com/nz is a service of Kalkine Media New Zealand Limited (Kalkine Media), Company Number: 8107196. The principal purpose of the content on this website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.

 

   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK