Quantum Pacific wins bid for new Intrepid Mines board

Activist private equity fund Quantum Pacific has had a win in its long battle to gain control of Intrepid Mines, winning a push to establish a new board.

Activist private equity fund Quantum Pacific has had a win in its long battle to gain control of Intrepid Mines, winning a push to establish a new board.

The activist fund succeeded today in its second attempt to remove directors and replace them with three of its own appointees in a move to return the company’s cash to shareholders.

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