EAM updates on financials, debt reduction, and upcoming shareholder votes
EAM said the meeting reviewed improved financials, major debt reduction and litigation progress, and outlined rebuilding key power plants. It said no further equity raises are expected and shareholders will vote on board changes, incentives, buybacks and dividends.
The meeting reviewed improved financials, major debt reduction, and ongoing litigation progress.
Strategic focus is on rebuilding key power plants to boost production and revenues, with no further equity raises expected.
Shareholders will vote on board changes, incentives, buybacks, and dividends.O…