Marlin Sams Fund Releases Letter to the Board of Directors of Torex Gold Resources, Inc. Seeking Corporate Governance Review and Reform
TOREX GOLD RES INC ORD (TORXF)
NASDAQ:AMEX Investor Relations:
torexgold.com/investors
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Marlin Sams Fund, L.P. today released a letter sent to the Board of Directors of Torex Gold Resources, Inc. (TXG:TO; OTC:TORXF) seeking corporate governance review and reform.The full text of the letter follows:October 7, 2019Board of DirectorsTorex Gold Resources, Inc.Exchange Tower130 King St., West, Suite 740Toronto, ON M5X 2A2Attention: Mr. Franklin Davis, Lead DirectorLadies and Gentlemen:As significant and long-term holders of Torex Gold Resources, Inc. (the "Company") shares, we are gravely concerned that weak corporate governance threatens to undermine the Company's recent operating and financial success. We are the holder of 3,500,000 (4.1%) of the outstanding shares of the Company as of the date of this letter. We have been shareholders of the Company for nearly five years and significantly increased our position in the Company during the blockade, a reflection of our strong belief in the Company's assets, in its management, and in its strategy
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