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Stock impact report

Halcón Resources Appoints Carin Barth to the Company’s Board of Directors

HALCON RESOURCES (HK) 
Last halcon resources earnings: 5/9 05:00 pm Check Earnings Report
Company Research Source: GlobeNewswire
Denver, Colorado, April 17, 2019 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE:HK) ("Halcón" or the "Company") today announced that the Company's Board of Directors has appointed Carin Barth to the Board as a Class A director who is expected to stand for re-election at the Company’s 2020 annual meeting. With the addition of Ms. Barth, the Halcón Board has expanded from seven to eight directors, all of whom are independent. In conjunction with today’s actions, the Company also announced that it has entered into a settlement agreement with Fir Tree Capital Management LP (“Fir Tree”), which has economic exposure to approximately 7.2% of the common stock of Halcón.  As part of the agreement, the Company has agreed to add an additional director to the Class A directors by July 2019. “We expect our shareholders will benefit from this constructive outcome and look forward to the extensive experience and perspective that Carin brings to our Board,” said James Christmas, Show less Read more
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