News blog

Karelian Diamond Resources

  • BY: Andrew Hore |
  • POSTED: 03/06/2019 |

Karelian Diamond Resources has received a requisition for a general meeting but says it is not valid. 

The requisition is to remove Professor Richard Conroy, Maureen Jones, Seamus FitzPatrick, Dr Sorca Conroy and Louis Maguire. The directors own 22.1% of Karelian.

They would be replaced by Alan Osbourne, Stephen Grimmer, Martin Doyle and Kevin Taylor. Osbourne owns 4.32% and Taylor 3.06%.

An updated requisition is likely to be lodged with the diamond project developer. There are three projects in Finland.

The share price has fallen by 96.8% over ten years. 

© 2019 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

News Blog
All micro news

Northern Bear

Roofing and building services provider Northern Bear directors say they will not accept the 72p a share tender offer from Cedarvale Holdings. 

Continue reading... | 21/10/2019

LiDCO Group

Patient monitoring devices supplier LiDCO increased its product revenues by 10% in the year to July 2019. 

Continue reading... | 21/10/2019

Quoted Micro 14 October 2019

Continue reading... | 14/10/2019

Hague and London Oil

Former Aim company Hague and London Oil reported a decline in revenues in the first half of 2019, but it moved from loss to profit, but this was due to a gain on derivative instruments. 

Continue reading... | 13/10/2019

All micro news

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds