Ivanhoe Capital Acquisition Corp. Warrants each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per... IVAN.WS

CFO resignation

[skygarden]

Two CFO's resign before just months before IE's financing needs have to be sorted out--If anyone knows about the state of the company one would think it would be their CFO--does not boost investor confidence.

 

Ivanhoe Energy's Phaneuf quits as VP, CFO

2014-09-15 07:59 ET - News Release

 

Mr. Carlos Cabrera reports

IVANHOE ENERGY'S CHIEF FINANCIAL OFFICER RESIGNS

Ivanhoe Energy Inc.'s senior vice-president, finance, and chief financial officer, Greg Phaneuf, is leaving Ivanhoe Energy to accept a role with another company. Mr. Phaneuf's resignation is effective Oct. 10, 2014, and he will continue in the role until that date to assist the company with the transition to a new chief financial officer.

"We appreciate Greg's efforts on behalf of Ivanhoe Energy and wish him well as he embarks on his new endeavours," said Carlos A. Cabrera, executive chairman. "We wish to assure all of our stakeholders that the company is working through various funding alternatives to allow the company to execute its business plan."

[skydiver069]

Certainly does raise the other eyebrow, too...  R/S and then staff leaving...  Wonder what I/R would say to a FIRM email on the subject?  My guess is that they wouldn't say much more then what the  N/R already stated, so perhaps connecting with Greg Phaneuf on L/I and posing a question might clear the air somewhat?