Aguia directors cry foul over 'wreckers'

EMBATTLED Brazil-focused phosphate-copper hopeful Aguia Resources has called in Australia’s Takeovers Panel, claiming shareholders who are seeking to oust the board have undeclared associations with a law-breaching 30% of the company.

Aguia directors cry foul over 'wreckers' Aguia directors cry foul over 'wreckers' Aguia directors cry foul over 'wreckers' Aguia directors cry foul over 'wreckers' Aguia directors cry foul over 'wreckers'

Aguia is fighting back against a move to change the board.

Aguia alleges that the group, including the requisitioning shareholders with around 5%, have entered into schemes with the purpose of obtaining control of the company and board composition by amassing