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BRIEF-Cation Capital Sends Letter To Crescent Point Shareholders

Published 2018-07-25, 07:21 a/m
© Reuters.  BRIEF-Cation Capital Sends Letter To Crescent Point Shareholders
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July 25 (Reuters) - Crescent Point Energy Corp CPG.TO :

* CATION CAPITAL SENDS LETTER TO CRESCENT POINT SHAREHOLDERS

* CATION- FORMALLY REACHED OUT TO CRESCENT POINT CHAIRMAN ON JULY 16, ASKING HE MAKE HIMSELF AVAILABLE FOR IN-PERSON MEETING PRIOR TO JULY 25, BOARD MEET

* CATION - AFTER MARKET ON JULY 18, GOT RESPONSE FROM CRESCENT CHAIR SEEKING TO DEFER PROPOSED MEETING UNTIL AFTER UPCOMING BOARD MEET

* CATION- SUGGESTED WOULD ACCEPT CHAIR'S REQUESTED TIMING ON CONDITION NO MATERIAL DECISIONS REGARDING CEO POSITION, OTHER DECISIONS MADE AT BOARD MEET

* CATION - NOT RECEIVED CRESCENT RESPONSE TO COMMUNICATION ON MATERIAL DECISIONS

* CATION - WOULD LIKE TO SHARE WITH CRESCENT BOARD INSIGHTS ON POTENTIAL CEO AND BOARD CANDIDATES

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