Corre Energy's interim chairman Rune Eng resigns, leaving the company without non-executive directors and seeking new funding.

Corre Energy's interim chairman, Rune Eng, has resigned, leaving the company without any non-executive directors. As Corre Energy works to find a new interim chairman, it is also in discussions with major shareholders to address short-term working capital requirements and is seeking new funding through investment bank Rothschild. The company has experienced a significant decline in share prices, with its market capitalization reduced to €10.5 million.

August 22, 2024
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