11 Sep 2015 07:00
Sefton Resources, Inc
11 September 2015
Sefton Resources, Inc.
("Sefton" or the "Company")
Raylene Whitford discusses new Company Strategy with Proactive Investor
Following the 'General Meetings, Strategic Outlook, Board Change & Company Response to EGM Requisition' announcement released yesterday morning, Raylene Whitford, CFO, has conducted an audio interview with Proactive Investor. In the interview Ms Whitford outlines the Company's new strategy, defining the three pillars as: the Company's focus in South East Asia which will benefit from the high demand for domestic energy, the in depth management experience and network in the area, and that the recent distressed oil prices are an opportunity to acquire assets at an attractive price.
Ms Whitford also talks about the changes in Management, and strongly endorses the appointment of Jossy Rachmantio to Executive Chairman, former Non-Executive Director.
With regards to the Notice of Requisition ('Requisition') for an Extraordinary General Meeting ("EGM") of shareholders, which proposes the removal of Thomas Milne, Keith Morris and Raylene Whitford as Directors of the Company, and the appointment of Clement Chambers as Interim CEO and Michael Hodges as Non-Executive Director of the Company. Ms Whitford explains that this Requisition will not retract management from pursuing their outlined strategy and asks Sefton Shareholders to show their support for existing management.
See link below to listen to the audio interview in full
http://www.proactiveinvestors.co.uk/companies/stocktube/4125/sefton-resources-at-turning-point-says-finance-chief-whitford-4125.html
Visit www.seftonresources.com or contact:
Raylene Whitford, Chief Financial Officer Laurence Read | Tel: 020 7872 5570
|
Nick Harriss, Nick Athanas, Allenby Capital (Nomad)
| Tel: 020 3328 5656 |
Nick Bealer, Cornhill Capital (Broker)
| Tel: 020 7710 9612 |
Tim Blythe, Camilla Horsfall, Blytheweigh (PR)
| Tel: 020 7138 3224 |