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Synex Renewable Energy Corp T.SXI

Utilities Utilities - Independent Power Producers
Synex Renewable Energy Corporation is engaged in the development, acquisition, ownership, and operation of renewable energy projects in Canada. The Company has ownership interests in 12 megawatts (MW) of operating hydro projects in British Columbia and owns a Vancouver Island grid connection and utility carrying on business as Kyuquot Power Ltd. The Company also has 9.4 MW of construction ready run-of-river projects, applications, and land tenures on another 24 potential hydroelectric sites totaling over 150 MW of capacity, and approximately 16 wind development sites that could provide up to 4,700 MW of clean power in British Columbia. The electrical energy business of the Company is conducted by its wholly owned subsidiary, Synex Energy Resources Ltd. Its power plants include Mears Creek Hydro Plant, Cypress Creek Hydro Plant, China Creek Hydro Plant, McKelvie Creek Hydro Project, Newcastle Creek Hydro Project, Victoria Lake Hydro Project, and others.


TSX:SXI - Post by User

Synex Renewable Energy Corp
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Comment by barog4451on Oct 06, 2017 10:04am
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Post# 26785249

RE:RE:RE:RE:RE:$700/lawyer hour and $100 per shareholder solicitation call

RE:RE:RE:RE:RE:$700/lawyer hour and $100 per shareholder solicitation callI'm one of the larger independent shareholders (regretably).  The number of shares has increased a lot, and Synex hasn't met revenue targets (eg,  2006 corporate presentation projected 5.5 million annual revenue for 2009).  Something has to change, so I am in favour of Russell's proposal.  

I will attend and vote at the meeting.   Management has told me they will be providing a response to Russell. Maybe they will come up with a plan I can support but I am not too hopeful.

Feel free to PM me.

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Dealroom for high-potential pre-IPO opportunities