Disappointed PE Investor Calls for Company AGM
U.S. private equity firm Resource Capital Funds (RCF) announced it is "extremely disappointed" in the decision of its portfolio company, Selwyn Resources Ltd., to delay holding board elections. RCF said it "fears that the current illegitimate board cannot be trusted with the assets of Selwyn any longer." The Vancouver-based Selywn is a metals exploration and development company with a core zinc-lead project located in Yukon, the sale of which is in contention.
30 April 2013•3 mins read
