Kolibri Global Energy

Kolibri Global Energy Inc. (KEI, KGEI) urges shareholders to vote against a proposed resolution capping common shares at 37,367,894 during a special meeting initiated by TFG Asset Management UK LLP. While initially all officers and directors opposed the resolution, Director Neuhauser is now undecided. The board unanimously recommends rejecting the proposal, citing impeded fiduciary duty, existing safeguards, competitive threats, limited flexibility, and increased costs. They believe the cap would negatively impact shareholder value and the company’s growth potential. The proxy voting deadline is November 21, 2025.