COLT RESOURCES RESTRUCTURING INITIATIVE
DGWA was just mandated by a large number of european based Colt Resources shareholders to get involved into the restructuring of the company.
Colt Resources shares have been suspended at the TSX and other exchanges since more than a year and the management has not updated the companies owners – the shareholders – since then. Various rumours re the future perspectives of the company have been spread out and DGWA has offered its help to restructure the company for various times. DGWA has i.e. presented potential buyers for Colt Resources assets to clean up the balance sheet – but these initiatives need to be supported by Colts management – which has not happened so far.
DGWA has therefor sent the following letter to the Colt Board / main message is a restructuring of the board:
and invites every shareholder to support this initiative. Please contact DGWA via email@example.com