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Second activist targets Canadian miner Detour; seeks board changes

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BOARD OVERHAUL
US hedge fund Livermore Partners is calling for an overhaul of the board at Detour Gold Corp and a strategic review, becoming the second activist to target the Canadian mining company. Livermore, which has engaged in other activist campaigns including at Canadian and UK media firm Entertainment One, sent a letter to Detour on Tuesday, saying the board has failed its shareholders on "numerous governance and operational matters."
 
 
 
 
 

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