Sefton Responds to Shareholders, Appoints Interim CEO

Sefton Resources confirmed Tuesday that Clement Chambers will be appointed as the company’s interim CEO, effective October 2015.

The development follows an announcement from Sefton on September 10, 2015 which revealed that the Sefton board received a request on September 8, 2015 from former interim chairman, Daniel Levi, Christopher Williams and Charnjit Matharu, who collectively hold 11.29 percent of Sefton’s shares, to remove Thomas Milne, Keith Morris and Raylene Whitford as directors of the company and appoint Clement Chambers as interim CEO and Michael Hodges as a non-executive director.

In addition to Clement Chambers’ appointment, Sefton announced that its board had agreed to jointly progress the resignations of Milne and Morris, effective October 2015. The company announced on September 18 2015 that Whitford had resigned from the board “for personal reasons”.

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