Rebel investors at Karelian vow to seek changes

A poll taken on resolutions to remove the directors retained all of the board in situ by a narrow margin of 52 per cent to 48 per cent

28th July, 2019
Richard Conroy

The rebel investors at Karelian Diamond Resources say they will continue to seek change at the company after their narrow defeat in a vote to oust the directors of the company last Friday.

A poll taken on resolutions to remove the directors, including company founder Richard Conroy and private equity figure Seamus Fitzpatrick, retained all of the board in situ by a narrow margin of 52 per cent to 48 per cent.

Conroy’s longtime supporter base showed...

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