Re: Confusing Problem: How does"The Nation/Thailand" article jive with Bangchak's sales of LAC stock and Thailand rep resigning from LAC BOD?
posted on
Nov 19, 2020 02:30PM
VANCOUVER, British Columbia, Nov. 19, 2020 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") announces that effective immediately Michael Fischer has resigned from the Company’s board of directors. Dr. Fischer has served on Lithium Americas’ board of directors as the representative of Bangchak Corporation Public Company Ltd. (“Bangchak”) since May 2020.
My question: Why is the wording stipulate that: "effective immediately Michael Fischer has resigned from the Company's board of directors."? That just raises the question of why the big hurry? Why not, instead, something like: "As of 1 Jan 2021, Mr Fishcer is resigning from the BOD of LAC" ?? What is the reason for the immediacy of this resignation?