Government Palace (Mongolia)

ENTRÉE RESOURCES ANNOUNCES THIRD QUARTER 2023 RESULTS

Retrieved on: 
Friday, November 3, 2023

VANCOUVER, BC, Nov. 3, 2023 /PRNewswire/ - Entrée Resources Ltd. (TSX: ETG) (OTCQB: ERLFF) – the "Company" or "Entrée") has today filed its interim financial results for the third quarter ended September 30, 2023.

Key Points: 
  • VANCOUVER, BC, Nov. 3, 2023 /PRNewswire/ - Entrée Resources Ltd. (TSX: ETG) (OTCQB: ERLFF) – the "Company" or "Entrée") has today filed its interim financial results for the third quarter ended September 30, 2023.
  • As at September 30, 2023, construction of conveyor to surface works was approaching 75% completion.
  • Shaft sinking continued during the third quarter 2023.
  • Full results from the 2023 in-fill program for Hugo North Extension are pending.

PENTWATER ISSUES LETTER TO TURQUOISE HILL BOARD CALLING FOR ACTION IN DEFENSE OF MINORITY SHAREHOLDERS

Retrieved on: 
Tuesday, January 18, 2022

NAPLES, Fla., Jan. 18, 2022 /PRNewswire/ -- On January 13, 2022, Pentwater Capital Management LP ("Pentwater"), the largest minority shareholder of Turquoise Hill Resources Ltd. ("Turquoise Hill") (TSX:TRQ) (NYSE:TRQ), sent the following letter to the members of the Board of Directors of Turquoise Hill.

Key Points: 
  • NAPLES, Fla., Jan. 18, 2022 /PRNewswire/ -- On January 13, 2022, Pentwater Capital Management LP ("Pentwater"), the largest minority shareholder of Turquoise Hill Resources Ltd. ("Turquoise Hill") (TSX:TRQ) (NYSE:TRQ), sent the following letter to the members of the Board of Directors of Turquoise Hill.
  • Pentwater urges all Turquoise Hill shareholders to make their voices heard by reaching out directly to the members of the TRQ Board.
  • A copy of the letter is as follows:
    Dear Board of Directors of Turquoise Hill Resources:
    As you know, we at Pentwater Capital Management have been your largest minority shareholders for many years.
  • Please publicly reply to this letter and release this letter along with your response.

PENTWATER ISSUES LETTER TO TURQUOISE HILL BOARD CALLING FOR ACTION IN DEFENSE OF MINORITY SHAREHOLDERS

Retrieved on: 
Tuesday, January 18, 2022

NAPLES, Fla., Jan. 18, 2022 /PRNewswire/ -- On January 13, 2022, Pentwater Capital Management LP ("Pentwater"), the largest minority shareholder of Turquoise Hill Resources Ltd. ("Turquoise Hill") (TSX:TRQ) (NYSE:TRQ), sent the following letter to the members of the Board of Directors of Turquoise Hill.

Key Points: 
  • NAPLES, Fla., Jan. 18, 2022 /PRNewswire/ -- On January 13, 2022, Pentwater Capital Management LP ("Pentwater"), the largest minority shareholder of Turquoise Hill Resources Ltd. ("Turquoise Hill") (TSX:TRQ) (NYSE:TRQ), sent the following letter to the members of the Board of Directors of Turquoise Hill.
  • Pentwater urges all Turquoise Hill shareholders to make their voices heard by reaching out directly to the members of the TRQ Board.
  • A copy of the letter is as follows:
    Dear Board of Directors of Turquoise Hill Resources:
    As you know, we at Pentwater Capital Management have been your largest minority shareholders for many years.
  • Please publicly reply to this letter and release this letter along with your response.

Pentwater Issues Letter to Rio Tinto Board Calling for Action on Corporate Governance Failures

Retrieved on: 
Thursday, January 13, 2022

On January 6, 2022, Pentwater Capital Management LP ("Pentwater"), the largest minority shareholder of Turquoise Hill Resources Ltd. ("Turquoise Hill") (TSX:TRQ) (NYSE:TRQ), sent the following letter to Ngaire Woods, member of the Board of the Directors of Rio Tinto plc (Rio Tinto or Rio) (LSE:RIO), outlining continued corporate governance failures at Rio Tinto.

Key Points: 
  • On January 6, 2022, Pentwater Capital Management LP ("Pentwater"), the largest minority shareholder of Turquoise Hill Resources Ltd. ("Turquoise Hill") (TSX:TRQ) (NYSE:TRQ), sent the following letter to Ngaire Woods, member of the Board of the Directors of Rio Tinto plc (Rio Tinto or Rio) (LSE:RIO), outlining continued corporate governance failures at Rio Tinto.
  • On January 7, 2022, Rio Tinto's attorney responded that neither Ms. Woods nor any other Rio Tinto board member would respond to Pentwater regarding the ongoing corporate governance breaches that Rio is inflicting upon Turquoise Hill.
  • Instead, you completely ignored our letter, and now you implicate yourself, as Rio Tinto is in the process of once again making a mockery of appropriate corporate governance at Turquoise Hill.
  • Two other Rio Tinto board members, Peter Cunningham, CFO (and a Rio Tinto employee since 1993), and Simon Thompson, Chair of the Board (and a Rio Tinto board member since 2014), are graduates of Oxford.