McAuliffe quits Stanmore board

CHRIS McAuliffe, who was a nominee director of Greatgroup Investments on the board of Stanmore Coal, has resigned his position after Greatgroup entered into an unconditional agreement to sell 19.9% of its 21.8% shareholding in Stanmore to Golden Energy and Resources.

sponsored-logo
McAuliffe quits Stanmore board McAuliffe quits Stanmore board McAuliffe quits Stanmore board McAuliffe quits Stanmore board McAuliffe quits Stanmore board
Golden Investments , a company owned by GEAR and Ascend Global Investment Fund, announced an unsolicited, conditional $239 million takeover offer for Stanmore on November 19 2018.