"The three unqualified directors with no mining education or experience, who have family and personal ties to the CEO, and who lacked the knowledge to have actually effectively directed the company, have resigned from the BOD. They will be replaced by independent mining professionals with decades of valuable experience at respected mining operations. The new directors will make the best decisions for all shareholders, and not just the Hinse family, so that the company may be directed as a publicly-held company is required to according to the law. Though several family members of the CEO may continue to be employed by Abcourt as employees from time to time, they will stop seeking to control Abcourt by boldly stacking the Board of Directors despite their lack of qualifications to do so."
Your news today is not so great. At least, how about "Jean-Guy Courtois has resigned from the Board of Directors and will be replaced by a respected mining professional within the industry and not another Hinse family member that is unqualified."
How about that at least? To send a message to the shareholders that this company will at least begin to reverse this long term practice of Hinse family control!