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Bryah Resources Ltd. ( (AU:BYH) ) has provided an announcement.
Bryah Resources Ltd. is facing a shareholder meeting called by Mr. Yu Yonglu, who recently became a shareholder, to consider resolutions for removing two directors, Mr. Stuart and Mr. Ingraham. The directors argue that the resolutions are not in the company’s best interests, emphasizing their strategic plan and expertise in mineral exploration and development. They express concerns over Mr. Yu’s lack of a clear plan for the company and his opportunistic approach, suggesting a formal takeover would be more appropriate if control were to change.
More about Bryah Resources Ltd.
Bryah Resources Ltd. is a mineral resources exploration and project development company focused on critical minerals such as manganese, copper, and other base metals, as well as gold. The company aims to create significant wealth for its shareholders through exploration, discovery, development, and production.
Average Trading Volume: 17,074,359
Technical Sentiment Signal: Sell
Current Market Cap: A$10.44M
See more insights into BYH stock on TipRanks’ Stock Analysis page.