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RMP ENERGY INC T.RMP

"Iron Bridge Resources Inc, formerly RMP Energy Inc is a crude oil and natural gas company engaged in the exploration for, development and production of natural gas, crude oil and natural gas liquids in Western Canada."


TSX:RMP - Post by User

Post by Resilienceon Jan 23, 2017 2:12pm
356 Views
Post# 25742590

Company listened: new top, & chairman directs 11 mln shares

Company listened: new top, & chairman directs 11 mln shares They're making the VP of exploration, responsible for Gold Creek, President. I'd say that says a lot:

"Mr. Grimwood has been Vice President, Exploration of RMP since May 2011 and has been instrumental in assembling the Company’s Montney acreage position in West Central Alberta. Mr. Grimwood stated, “I am pleased to have the opportunity to move our business plan forward while continuing to develop our exceptional suite of Montney assets for the benefit of all shareholders.”

Also main complaint was not the assets but managament and their shareholder orientation. The new chairman directs/owns 11 mlns and says this:

"Mr. Young commented, “I am honored to be appointed Chairman of RMP. I am focused on alignment between the Company and its shareholders, which should be well-served by the highly-skilled incoming President, Jon Grimwood, and his strong management team”.

We're up in a sea of red on good volume - draw your own conclusions...

R. 
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