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BRIEF-Lodestar Minerals responds to ASX query ragarding actions of Chairman Ross Taylor

Published 05/05/2017, 06:46 pm
© Reuters.  BRIEF-Lodestar Minerals responds to ASX query ragarding actions of Chairman Ross Taylor
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May 5 (Reuters) - Lodestar Minerals Ltd LSR.AX

* Over last two and a half years Ross Taylor undertook a number of short term trades that were not reported at time

* Response to asx query

* Whilst co does not condone actions of Taylor, they are prepared to accept his apology for inconvenience caused through his own oversight"

* Taylor has offered to resign

* Lodestar Minerals says board advised Taylor that should there be any further breach of any governance policy, company would seek his resignation Source text for Eikon: ID:nASX40lZhH Further company coverage: LSR.AX

(bangalore.newsroom@thomsonreuters.com)

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