Kolibri Global Energy Faces Shareholder-Requested Special Meeting on Share Cap
Kolibri Global Energy Inc. (TSX: KEI; NASDAQ: KGEI) announced that its board has received a shareholder requisition requesting a vote on setting the company’s maximum authorized share count at 37,367,894. The requisition, filed under section 167 of the British Columbia Business Corporations Act, came from CDS & Co. on behalf of participants holding shares for TFG Asset Management UK LLP, the beneficial owner of the stock. Kolibri currently has 35.38 million shares outstanding on an undiluted basis, and 36 ...