Origen Resources AGSM Update
Origen Resources provides an update regarding the upcoming AGSM vote for change of control approval scheduled for October 25, 2024. The company has not yet received a signed subscription form but expects it in the coming days, with today's vote being considered advisory. Lawrence Cheung will be appointed as the new CFO, replacing Natasha Tsai effective October 25, 2024. Cheung, a Controller at Malaspina Consultants Inc., brings experience from PwC and holds a Bachelor of Commerce from UBC along with CPA designation.
Origen Resources fornisce un aggiornamento riguardo il prossimo voto AGSM per l'approvazione del cambio di controllo, previsto per il 25 ottobre 2024. L'azienda non ha ancora ricevuto un modulo di iscrizione firmato, ma si aspetta di riceverlo nei prossimi giorni, con il voto di oggi considerato consultivo. Lawrence Cheung sarà nominato nuovo CFO, sostituendo Natasha Tsai a decorrere dal 25 ottobre 2024. Cheung, Controller presso Malaspina Consultants Inc., porta con sé un'esperienza in PwC e possiede una Laurea in Commercio presso UBC, insieme alla qualifica CPA.
Origen Resources proporciona una actualización sobre la próxima votación de AGSM para la aprobación del cambio de control programada para el 25 de octubre de 2024. La compañía aún no ha recibido un formulario de suscripción firmado, pero espera recibirlo en los próximos días, considerando que la votación de hoy es consultiva. Lawrence Cheung será designado como nuevo CFO, reemplazando a Natasha Tsai a partir del 25 de octubre de 2024. Cheung, Controlador en Malaspina Consultants Inc., aporta experiencia de PwC y posee una Licenciatura en Comercio de UBC junto con la designación de CPA.
Origen Resources는 2024년 10월 25일에 예정된 통제 변경 승인에 대한 AGSM 투표에 대한 업데이트를 제공합니다. 회사는 아직 서명된 구독 양식을 받지 않았지만, 앞으로 며칠 내에 받을 것으로 예상하며, 오늘의 투표는 자문으로 간주됩니다. 로렌스 청은 2024년 10월 25일부터 나타샤 차이(Natasha Tsai)를 대체하여 새로운 CFO로 임명될 것입니다. 청은 Malaspina Consultants Inc.의 Controller로 PwC에서의 경험을 쌓았으며 UBC에서 상업학 학사 및 CPA 자격증을 보유하고 있습니다.
Origen Resources fournit une mise à jour concernant le prochain vote AGSM pour l'approbation du changement de contrôle prévu le 25 octobre 2024. La société n'a pas encore reçu de formulaire d'abonnement signé, mais s'attend à le recevoir dans les prochains jours, le vote d'aujourd'hui étant considéré comme consultatif. Lawrence Cheung sera nommé nouveau CFO, remplaçant Natasha Tsai à partir du 25 octobre 2024. Cheung, Contrôleur chez Malaspina Consultants Inc., a de l'expérience chez PwC et détient un Bachelor of Commerce de l'UBC ainsi que la certification CPA.
Origen Resources gibt ein Update zur bevorstehenden AGSM-Abstimmung zur Genehmigung der Kontrolländerung, die für den 25. Oktober 2024 geplant ist. Das Unternehmen hat noch kein unterschriebenes Anmeldeformular erhalten, erwartet dies jedoch in den kommenden Tagen, wobei die heutige Abstimmung als beratend betrachtet wird. Lawrence Cheung wird als neuer CFO ernannt und tritt am 25. Oktober 2024 die Nachfolge von Natasha Tsai an. Cheung, Controller bei Malaspina Consultants Inc., bringt Erfahrung von PwC mit und hat einen Bachelor of Commerce von der UBC sowie die CPA-Qualifikation.
- None.
- Delay in receiving signed subscription form for change of control agreement
- CFO transition indicating potential management instability
Vancouver, British Columbia--(Newsfile Corp. - October 25, 2024) - Origen Resources Inc. (CSE: ORGN) (FSE: 4VXA) (the "Company" or "Origen") wishes to provide an update on the October 7, 2024 news release regarding the status of the upcoming vote to approve a change of control at the Company's upcoming AGSM scheduled for today, October 25, 2024, at 11 am.
Currently the Company is not in receipt of a signed subscription form and is diligently working with the subscriber to satisfy their additional requests. We reasonably expect the sub agreement to be signed over the coming days and refers to today's vote as an advisory vote. The Company does not anticipate any further shareholder approval being required if the shareholders are in favour of the change of control.
Further announcements will be made upon receipt of the vote tally and the signed subscription agreement.
Additionally, effective October 25, 2024, the Company's CFO Natasha Tsai will be stepping down and Lawrence Cheung will be appointed the Company's new CFO.
Lawrence Cheung is a Controller at Malaspina Consultants Inc. He provides CFO and controllership services to assist clients in meeting their financial reporting and regulatory requirements. Prior to joining Malaspina in 2021, Lawrence was a Senior Associate at PwC where he provided assurance services to both private and publicly traded clients in the US and Canada reporting under IFRS, ASPE and US GAAP. Lawrence holds a Bachelor of Commerce (Accounting) from the Sauder School of Business at UBC and received his CPA designation from the Chartered Professional Accountants, British Columbia. The Company wishes to thank Natasha for her excellent service as CFO and wish her all the best in her future endeavours.
On behalf of Origen,
Gary Schellenberg
Chief Executive Officer
For further information, please contact Gary Schellenberg, Chief Executive Officer, at 604-681-0221.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the strategic investor and intended private placement are subject to risks associated with the investment not completing on the terms disclosed in the Company's information circular or at all, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/227800
FAQ
When is Origen Resources (OGGNF) AGSM scheduled for the change of control vote?
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