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Stock impact report

Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Kolibri Global Energy Inc.’s Shareholders Vote Against the Share Limit Resolution Proposed by TFG Asset Management UK LLP

Kolibri Global Energy Inc. - Common stock (KGEI) 
Company Research Source: Business Wire
Your vote is important no matter how many Kolibri shares you hold.Kolibri’s board of directors carefully reviewed the Share Limit Resolution and determined that its adoption would be detrimental to shareholders and not in the best interests of the Company.Management and the Board unanimously recommend that shareholders vote AGAINST the Proposed Resolution.For assistance with voting, please contact Barbara Fox by phone at 1-805-484-3613 ext. 231, or by email at bfox@kolibrienergy.com. THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Kolibri Global Energy Inc. (the “Company” or “Kolibri”) (TSX: KEI, NASDAQ: KGEI) announces that the two leading independent proxy advisory firms, Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co. LLC ("Glass Lewis") have each recommended that Company’s shareholders vote AGAINST the resolution to alter the Notice of Articles of the Company to cap the number of common shares that the Company is authorized to issue at 37,367,894 (the “Share Limit Show less Read more
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