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Kolibri Global Energy Opposes Share Cap Proposal Ahead of November Meeting

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Kolibri Global Energy Opposes Share Cap Proposal Ahead of November Meeting

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Kolibri Global Energy ( (TSE:KEI) ) has shared an announcement.

On October 21, 2025, Kolibri Global Energy Inc. issued a supplement to its management information circular dated October 6, 2025, in preparation for a special general meeting of shareholders scheduled for November 25, 2025. The meeting, prompted by a shareholder requisition from TFG Asset Management UK LLP, will address a proposed resolution to cap the number of authorized common shares at 37,367,894. The company’s board and management oppose this resolution, citing potential detriment to shareholders and the company’s interests. While most directors and officers plan to vote against the resolution, director David Neuhauser remains undecided on his voting intentions.

The most recent analyst rating on (TSE:KEI) stock is a Hold with a C$8.50 price target. To see the full list of analyst forecasts on Kolibri Global Energy stock, see the TSE:KEI Stock Forecast page.

Spark’s Take on TSE:KEI Stock

According to Spark, TipRanks’ AI Analyst, TSE:KEI is a Neutral.

Kolibri Global Energy’s overall score reflects strong financial management and operational efficiency. However, the stock faces challenges from declining revenue and profitability, as well as bearish technical indicators. The balanced sentiment from the earnings call also contributes to the moderate score.

To see Spark’s full report on TSE:KEI stock, click here.

More about Kolibri Global Energy

Kolibri Global Energy Inc. operates in the energy sector, focusing on the exploration and production of oil and natural gas. The company is engaged in developing energy resources and is headquartered in Thousand Oaks, California.

Average Trading Volume: 28,322

Technical Sentiment Signal: Hold

Current Market Cap: C$222.8M

Find detailed analytics on KEI stock on TipRanks’ Stock Analysis page.

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