Redhill to cut management, consulting fees by 70%Redhill to cut management, consulting fees by 70% 2015-11-02 16:24 ET - News Release
Mr. Graham Harris reports
REDHILL PROVIDES UPDATE
Redhill Resources Corp. is reviewing its investment in High North Resources Ltd. due to current market conditions in the oil industry, and it may, from time to time, reduce its investment by selling High North common shares.
Redhill also reports that, in order to preserve its capital, management is undertaking measures to reduce general and administrative costs by initiating a 70-per-cent reduction in management and consulting fees and other cost-cutting efforts.
We seek Safe Harbor