VANCOUVER - Proxy advisory firm ISS is recommending shareholders of Baja Mining (TSX:BAJ) support a push to add two new directors to the company's board who are backed by dissident shareholder Mount Kellet Capital Management.However, ISS is also encouraging shareholders to vote against a plan by Mount Kellet that would remove two … [Read more...]
Mount Kellett seeking new directors at Baja
March 3, 2012 by
VANCOUVER - Mount Kellett Capital Management LP, which has accused the board and management of Baja Mining Corp. of failing to represent shareholders, is seeking to have two new independent directors added to the company's board.The investment manager, which holds a 19.9 per cent stake in Baja Mining Corp., said Friday that it is concerned that the … [Read more...]