Clean Energy Transition Inc. adopts a shareholder rights plan to prevent unsolicited takeovers.

Clean Energy Transition Inc. (formerly Rogue Resources Inc.) has implemented a shareholder rights plan to safeguard against unsolicited takeovers, allowing shareholders to buy shares at a discount if someone acquires 20% or more ownership without meeting specific conditions. The plan requires shareholder approval within six months and has received conditional backing from the TSX Venture Exchange. Additionally, management changes include the retirement of VP Paul Davis, effective October 31, 2024.

November 01, 2024
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