Petrogrand: Half the Board Quits
Mikael Wallgren (Chairman) and Lars Jacobsson (board member) announce their immediate resignation from the Board of Directors of Petrogrand due to differences of opinion within the Board of Directors regarding the company’s future. Following Mikael Wallgren’s and Lars Jacobsson’s resignations, the Board of Directors of Petrogrand consists of Maks Grinfeld, …
Petrogrand and Shelton Petroleum Fail to Solve Cross Company Ownership
An Extraordinary General Meeting of the shareholders in Petrogrand was held earlier today. The EGM was convened by the Board of Directors of Petrogrand for purposes of resolving on a proposed agreement with Shelton Petroleum AB to dissolve the cross-ownership between the companies. Despite the news that an Extraordinary General Meeting …