Renegade Petroleum has issued an open letter advising shareholders to reject an attempted takeover of the firm’s board by FrontFour Capital Group, a dissident group headed by US hedge fund manager Zachary George.
The letter was mailed to shareholders of record as of 9 December 2013 and a copy of the letter is available under Renegade's profile on SEDAR and on Renegade's website.
Renegade is a light oil focused development and production company with assets located in Saskatchewan, Alberta, Manitoba and North Dakota. Renegade's common shares trade on the TSX Venture Exchange under the symbol RPL.
