Apr 7, 2008
First Calgary said planning delay in shareholder meeting on executive future
- Dissident shareholder Waterford Finance & Investment Ltd. says First Calgary Petroleums Ltd. (TSX:FCP) intends to seek an extraordinary delay in the company's special meeting set for Tuesday.
Waterford said early Monday that it has been told First Calgary made this decision after learning that more than half of the company's share proxies were voted in favour of shaking up the board and removing CEO Richard Anderson.
"The proxy vote is an overwhelming endorsement by fellow shareholders that it is time for change at FCP," Waterford declared. Read more
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