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."
This content is only available to subscribers.
Forgot your password? Click here
Don't have any login details?
Free Trial Access