Large Ring Energy, Inc. Shareholders Concerned with Conflicts of Interest and Potential Violations of Fiduciary Duties Call for all Shareholders to Withhold Votes on all Directors
Share this article Share this article HOUSTON, Dec. 10, 2020 /PRNewswire/ -- American Resources, Inc., and SK Energy LLC, the investment vehicle of Dr. Simon Kukes, one of the largest shareholders of Ring Energy, Inc. (NYSE: REI), announced today that they believe that the slate of Directors that are listed in the proxy mailed out by the company do not represent the best interests of all shareholders. As a result of this, they urge all shareholders to withhold votes on all Directors. Frequently, when other publicly traded companies have put before their shareholders a slate of Board candidat...