Result of EGM

Result of EGM

Challenger Acquisitions Limited (LSE: CHAL) is pleased to announce that all resolutions were duly passed at the Extraordinary General Meeting of the Company held yesterday.

The Resolutions were to authorise the directors to issue up to 146.5 million new shares, or convertible loan notes in respect of some of the new shares in connection with the proposed acquisition of Cindrigo Energy Limited (‘CEL’). The resolutions are to replace the authorisation given at the Company’s AGM last September in connection with the proposed acquisition of CEL’s subsidiary Cindrigo Limited prior to the Company’s decision to acquire CEL as previously announced.

A copy of the announcement can be downloaded HERE

Also available from the London Stock Exchange website HERE