Former Baja Directors Tom Ogryzlo and Wolf Seidler Agree to Join a Reconstituted Board That Includes Lorie Waisberg and Stephen LehnerReaffirms Call for Resignation of CEO John Greenslade
?Demands Public Disclosure of Report on the Boleo Project Cost Overruns ? ? ? ? ?Calls for Resignation of CEO John Greenslade ? ? ? ?Proposes Reconstitution of Board of Directors ? ? ? ? ?Stands Ready to Assist Company with Needed Financing Following Due Diligence
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/25/12 -- Baja Mining Corp. (TSX: BAJ)(OTCQX: BAJFF) today provided an update on its cost control initiatives, the development of a funding plan, an executive change and a new governance advisor.
VANCOUVER, April 23, 2012 /CNW/ - Wolf K. Seidler, Director and Chair of the Corporate Governance Committee of Baja Mining Corp. ('Baja') and Tom Ogryzlo, Director and former Chair of the Board of Baja, confirm that they resigned from the Board of Baja on April 21, 2012. As Baja did not publish the contents of their letter of resignation in its news release of April 23, 2012, as had been requested, the contents of
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/23/12 -- Baja Mining Corp. (TSX: BAJ)(OTCQX: BAJFF) today announced the preliminary results of its current capital cost review of the Company's 70 percent owned Boleo copper-cobalt-zinc project and three resignations from the Board of Directors.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/17/12 -- Baja Mining Corp. (TSX: BAJ)(OTCQX: BAJFF) today announced that Gerald Prosalendis has resigned from the Board of Directors for personal and family reasons. "I wish Baja and the Board continued success as I pursue other interests," said Mr. Prosalendis.
Mount Kellett Capital Management LP today confirmed that, in an exceptionally close election at today′s Special Meeting of Shareholders of Baja Mining, its two independent shareholder nominees were not elected to the board by a margin of just one percent. 'We want to thank all our fellow shareholders for voting at the special meeting. It was extremely positive to have a near majority of shareholders aligned to support truly independent directors and a commitment to good corporate governance. We [...]
Baja Mining today announced that its shareholders have voted to keep the current Board unchanged. The vote took place at a Special Meeting of Shareholders in Vancouver. The Special Meeting of Shareholders was requisitioned by dissident Mount Kellett Master Fund II A L.P., whose two nominees were not elected to the Board.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/29/12 -- Baja Mining (TSX: BAJ)(OTCQX: BAJFF) announces that its 70 percent-owned Mexican subsidiary, Minera y Metalurgica del Boleo S.A de C.V (MMB) drew down a further US$ 80 million on March 28, 2012, the fourth draw on the Company's senior loans to date.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/28/12 -- Baja Mining Corp. (TSX: BAJ)(OTCQX: BAJFF) today provided a project update for its 70 percent-owned Boleo copper-cobalt-zinc project ("Boleo" or the "Project"), located near Santa Rosalia, Baja California Sur, Mexico.
Warns that Mount Kellett Represents Risk To Creation of ValueVANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/26/12 -- Baja Mining Corp. (TSX: BAJ)(OTCQX: BAJFF) today announced that it has filed and is mailing a third and final letter to shareholders regarding the proxy contest initiated by dissident Mount Kellett Master Fund II A L.P. Baja has scheduled a vote to take place at a special meeting of shareholders on [...]