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ClearStream Energy ( (TSE:FLNT) ) has shared an update.
FLINT Corp. has announced that leading independent proxy advisory firms ISS and Glass Lewis have recommended shareholders vote in favor of a recapitalization transaction at the upcoming special shareholder meeting. This transaction aims to reduce the company’s debt, simplify its capital structure, and improve liquidity, thereby strengthening FLINT’s financial position and positioning it for future growth. The endorsements from ISS and Glass Lewis are based on the strategic rationale and benefits to shareholders, with the company encouraging shareholders to vote before the deadline.
More about ClearStream Energy
FLINT Corp. is a company with over 100 years of experience providing solutions for the Energy and Industrial markets, including sectors such as Oil & Gas, Petrochemical, Mining, Power, Agriculture, Forestry, Infrastructure, and Water Treatment. The company operates across Canada, offering services like maintenance, turnaround, construction, wear technology, and environmental services.
Average Trading Volume: 87,091
Technical Sentiment Signal: Sell
Current Market Cap: C$2.2M
For an in-depth examination of FLNT stock, go to TipRanks’ Overview page.