RE:possibleI: please clarify what you are refering re: linked No rumours.
I was surprised to find out the company still had a special committee operating , I thought it had been dismantled when they found no finders.
McCoy has formed a Special Committee of independent members of the Board of Directors of the Corporation, comprising Mr. Ryzhikov (Chair of the Special Committee), Mr. Walker and Mr. Janssen. The mandate of the Special Committee is to, among other things, review, consider, seek out, and evaluate strategic alternatives available to McCoy to enhance shareholder value, including a potential sale of the Corporation and/or a variety of potential joint venture and partnership agreements.
Have to assume that's it's seperate from this sub committee which seems like a normal part of doing business.
EDMONTON, AB, Sept. 29, 2022 /CNW/ - McCoy Global Inc. ("McCoy" or "the Corporation") (TSX: MCB) today announced that McCoy has formed a Strategy and Capital Allocation Committee of independent members of the Board of Directors of the Corporation ("the Committee"), comprising Mr. Alex Ryzhikov (Chair of the Committee), Ms. Katherine Demuth, Mr. Cory Janssen and Mr. John Walker. The mandate of the Committee is to, among other things, assist the Corporation in executing on its Board approved strategic plan that aims to further improve the Corporation's full-cycle returns on invested capital through a range of organic and inorganic initiatives.