AuKing Mining Ltd (AU:AKN) has released an update.
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AuKing Mining Ltd has received a notice to call a general meeting for the potential reshuffling of its board, as proposed by significant shareholder Pavle Tomasevic. The proposal includes the removal of two directors and the appointment of two new ones, which could breach Australian residency requirements for directors. The company is obligated to hold a meeting within two months to address this matter.
For further insights into AU:AKN stock, check out TipRanks’ Stock Analysis page.