933672 Alberta Ltd Seeks Court Orders to Restrain Entrenched CEO and Board
November 20, 2020 at 08:00 pm EST
On November 21, 2020, 933672 Alberta Ltd announced that it has been forced to file with the Court of the Queen’s Bench of Alberta on November 19, 2020, an application seeking, among other things, (i) an order restraining the CEO and the incumbent board from postponing, delaying, cancelling, disrupting or in any way interfering with the annual general & special meeting of the shareholders of Rifco Inc to be held on December 11, 2020; (ii) an order appointing an independent chairperson to chair the meeting; and (iii) an order restraining the CEO and the board from any further self-dealing schemes using Company resources.