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Interview with Proactive Investor

11 Sep 2015 07:00

RNS Number : 7497Y
Sefton Resources Inc
11 September 2015
 



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

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRAEAKNEFDKSEFF
Date   Source Headline
20th Mar 20152:10 pmRNSLifting of bank security
19th Mar 20157:00 amRNSChange of Broker
11th Mar 20153:05 pmRNSHolding(s) in Company
10th Mar 201512:18 pmRNSHolding(s) in Company
24th Feb 20159:30 amRNSIssue of Equity
2nd Feb 201510:00 amRNSStrategy Update
30th Jan 20156:15 pmRNSIssue of Equity and Appointment of Director
30th Jan 20155:30 pmRNSResult of EGM
16th Jan 20154:00 pmRNSNotice of EGM and Update on Refinancing
10th Dec 20141:10 pmRNSStmnt re Share Price Movement
8th Dec 201412:05 pmRNSUpdate on Proposed Refinancing
2nd Dec 201412:00 pmRNSUpdate on refinancing
21st Nov 20149:02 amRNSUpdate on Refinancing
3rd Nov 201412:00 pmRNSUpdate on refinancing
2nd Oct 20147:00 amRNSUpdate on proposed refinancing
17th Sep 20144:18 pmRNSResult of AGM
16th Sep 20142:30 pmRNSHolding(s) in Company
12th Sep 20147:00 amRNSIssue of Equity
2nd Sep 20147:00 amRNSUpdate on Refinancing
22nd Aug 20147:00 amRNSNotice of AGM
22nd Aug 20147:00 amRNSHalf Yearly Report
15th Aug 201411:30 amRNSIssue of Equity: Amended Announcement
15th Aug 201410:30 amRNSIssue of Equity
1st Aug 201410:30 amRNSTrading Statement
30th Jul 20141:45 pmRNSIssue of Equity
24th Jul 20148:37 amRNSResult of EGM
23rd Jul 201410:40 amRNSIssue of Equity
21st Jul 20147:00 amRNSIssue of Equity and Directors Shareholdings
16th Jul 20147:00 amRNSUpdate on Refinancing
4th Jul 20143:59 pmRNSNotice of EGM
30th Jun 201412:15 pmRNSNotice of EGM
30th Jun 201412:00 pmRNSFinal Results
27th Jun 20149:09 amRNSIssue of Equity: Replacement Announcement
27th Jun 20147:00 amRNSIssue of Equity
18th Jun 20147:00 amRNSIssue of Equity
9th Jun 20147:00 amRNSIssue of Equity
4th Jun 20149:30 amRNSUpdate on Refinancing
6th May 20144:00 pmRNSProposed Refinancing and Corporate Update
17th Apr 20147:00 amRNSIssue of Equity
10th Feb 201411:00 amRNSIssue of Equity
31st Jan 201410:15 amRNSIssue of Equity
21st Jan 20149:00 amRNSIssue of Equity
17th Jan 201410:10 amRNSIssue of Equity
8th Jan 201410:05 amRNSIssue of Equity and Debt
31st Oct 20137:00 amRNSTrading Statement
18th Oct 201312:14 pmRNSSettlement of Litigation
15th Oct 20132:25 pmRNSFurther re leak of settlement
27th Sep 20137:30 amRNSRestoration - Sefton Resources Inc
27th Sep 20137:00 amRNSInterims and Restoration to Trading
4th Sep 201311:10 amRNSStatement re. Suspension

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