Zeus Resources Ltd. (AU:ZEU) has released an update.
Zeus Resources Ltd is facing significant shareholder dissatisfaction, as a group owning over 5% of shares has called for a meeting to overhaul the company’s board. Citing a decade of poor performance and a share price decline of 97% since the 2013 IPO, the shareholders aim to remove a constitutional clause they consider undemocratic and appoint two new directors to rejuvenate the board and operations.
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