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Gold/Mining/Energy : Zentek Ltd. -- Ignore unavailable to you. Want to Upgrade?

To: NLWest who wrote (16021)	4/23/2018 9:52:12 AM
From: TargaFan	9 Recommendations Recommended By Canseco emperor gunzo I_C_Deadpeople Mister D and 4 more members Read Replies (1) \| Respond to of 54256

My answer is everyday and twice on Sundays!! The question to ask ‘why wouldn’t you replace this BOD and CEO with the track record they have with this company?’ AE has founder’s syndrome ‘Founder's syndrome (also founderitis) is a popular term for a difficulty faced by organizations where one or more founders maintain disproportionate power and influence following the effective initial establishment of the project, leading to a wide range of problems for the organization.’ It is time for him to move on and get people in who can take this to the next level. I hear people talk about what experience does this group have in mining, etc. Well, I have no knowledge of the inner workings of a car but I own one. I just hire the experts that do to keep it running. I don’t have knowledge of the income tax act but I still do my taxes, I just hire those that do. The new BOD doesn’t have to be experts at mining they just have to have the ability to hire those that do and I have faith that they do. Yellow for me!

To: NLWest who wrote (16021)

4/23/2018 4:26:57 PM

From: Reflection

24 Recommendations

Recommended By
24habscups
Ace/Ten
Canseco
copperknob
eagleeye1

and 19 more members

Read Replies (2) | Respond to of 54256

From: NLWest	4/23/2018 9:30:32 AM
	Read Replies (1) of 16035

"A fair question to ask is, "Would shareholders consider the proposed replacement BOD candidates as suitable if they were being proposed at a regular AGM?" NL, at the last AGM there was a (proposal) motion from the floor to ask that nothing be discussed or voted upon regarding Directors future options/compensation, until the shareholders in attendance have a chance to ask questions of the CEO and BOD members in attendance. I heard the motion and I was sitting near the back of the room. The shareholder asking the question was sitting no more than 10 feet from Mr. Eveleigh. Mr. Eveleigh continued on like he did not hear the motion. That question and the refusal of Mr. Eveleigh to permit the motion is when Mr. Eveleigh stabbed himself in the back. At that point he lost the meeting. At that point it became obvious to all in attendance that Mr. Eveleigh saw himself as more important than the shareholders. Mr. Eveleigh is the author of his own misfortune. The shareholders were so angry at Mr. Eveleigh's attitude and arrogance that when Mr. Eveleigh did present a motion for Directors future options/compensation we voted against the motion. It took over an hour for the votes to be counted and the shareholders lost the vote. At the end of the meeting a group of us approached Mr. Sean Whiteford and gave him a list of our concerns. Mr. Whiteford told the group he would get back to them. Mr. Whiteford never did get back to the group. In other words he brushed them off. The group then sent a letter to Mr. Eveleigh with their concerns. there were 72 signatures from shareholders in that letter. Mr. Eveleigh brushed them off. The three individuals representing the CG group that are seeking BOD positions might not have 100 years of mining experience. They might not be geologists. But, they do have solid and successful business experience and are shareholders. And most importantly, they are not arrogant. This time the shareholders will not lose the vote. This time the shareholders are extremely well organized. This time the shareholders are using their own personal money and considerable time to fund their campaign. On the other hand Mr. Eveleigh and his BOD are using shareholders money to fund their campaign to keep their jobs and positions. This proxy vote is going to be much different than the vote at the AGM. This time shareholders will win.