Montego Announces Default Judgement on Former Director Jim Grieg for Breaches of Fiduciary Duty
Vancouver, British Columbia--(Newsfile Corp. - January 29, 2020) - Montego Resources Inc. (CSE: MY) (FSE: 4MO1) (the "Company" or "Montego") announces further to the news release dated July 29th, 2019 and January 22, 2020, the court has granted default judgement on former director Jim Grieg. Montego's law suit alleged that Mr. Grieg breached the fiduciary duties he owed to Montego. The Company will be seeking damages against Jim Grieg for the losses suffered as a result of Mr. Grieg's...
2020-01-29 2:38 PM EST
Montego Announces Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - January 22, 2020) - Montego Resources Inc. (CSE: MY) (FSE: 4MO1) (the "Company" or "Montego") announces that it has entered into two separate loan agreements with arms length third parties for $180,000 each resulting in an aggregate amount of $360,000. Both loans will bear interest at 12 per-cent per annum. The principal amount and any accrued interest are due on the demand of the lenders. In addition, the Company has arranged for a private...
2020-01-22 7:56 PM EST
Montego Resources Announces Corporate Update and AGM Results
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2019) - Montego Resources Inc. (CSE: MY) (FRA: 4MO1) (the "Company" or "Montego") Pursuant to an order of the Supreme Court of British Columbia upon application by Anthony Jackson, the Annual General Meeting of shareholders of Montego Resources Inc. was held on July 23, 2019. At the meeting Anthony Jackson, David Greenway, Mo Ahmad, and Yuying Liang were elected as directors. Over half of the Company's outstanding shares were voted at...
2019-07-29 12:14 PM EDT