Two board members will oppose an attempt by a rival director to seize control of Global Lithium Resources, pledging to vote against a proposal to reshape the West Australian critical minerals explorer.
Global Lithium chairman Ron Mitchell and non-executive director Matt Allen on Monday said they would defy a push by Dianmin Chen – and the 30-40 per cent bloc of shares they say are controlled by Dr Chen and his associates – to wrest control of the board.
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Mark Wembridge covers resource companies for The Australian Financial Review, based in Perth. He formerly worked for the Financial Times in London and Hong Kong. Connect with Mark on Twitter. Email Mark at mark.wembridge@nine.com.au
