Business
Barnwell Announces Third Adjournment of 2025 Annual Meeting Due to Ned Sherwood’s Continued Refusal to Submit Votes Solicited from Shareholders
HONOLULU, June 18, 2025 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) (“Barnwell” or the “Company”) today announced that its 2025 Annual Meeting of Shareholders, which reconvened yesterday, has been adjourned to Wednesday, September 3, 2025. Shareholders of record at the close of business on July 21, 2025 are eligible to vote at the adjourned 2025 Annual Meeting. Shareholders are encouraged to vote on the WHITE proxy card FOR: Kenneth S. Grossman, Joshua S. Horowitz, Craig D
About this update from Barnwell Industries, Inc.
[{"type":"image","alt":"Barnwell Industries, Inc.","displaySize":"","headline":null,"caption":"Barnwell Industries, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":224,"url":"https://media.zenfs.com/en/globenewswire.com/b79775fb498dcf3bf91eb266288e10a6"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/gXrNL7cX326JqbGMBAQ3AA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTMxNDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/b79775fb498dcf3bf91eb266288e10a6","width":300,"height":224}},"lazy":false},{"type":"text","content":"HONOLULU, June 18, 2025 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) (“Barnwell” or the “Company”) today announced that its 2025 Annual Meeting of Shareholders, which reconvened yesterday, has been adjourned to Wednesday, September 3, 2025. Shareholders of record at the close of business on July 21, 2025 are eligible to vote at the adjourned 2025 Annual Meeting.","length":396,"tagName":"p"},{"type":"text","content":"Shareholders are encouraged to vote on the WHITE proxy card FOR: Kenneth S. Grossman, Joshua S. Horowitz, Craig D. Hopkins and Philip J. McPherson. Any shareholder who has voted on the Sherwood Group’s green proxy card can change their vote and contribute to the quorum by voting on the WHITE proxy card for ALL of Barnwell’s director nominees. Shareholders who previously voted on the WHITE proxy card as shareholders of record on the original record date of April 14, 2025, and continue to be shareholders of record on July 21, 2025, do not need to take further action as Barnwell’s nominees are unchanged.","length":608,"tagName":"p"},{"type":"text","content":"Kenneth Grossman, Vice Chairman of Barnwell’s Board of Directors, commented, “The Barnwell Board is optimistic about the future of the Company and the ability of our assets to drive value for shareholders. However, Barnwell’s value potential continues to be limited by Ned Sherwood’s self-serving, obstructionist actions that are thwarting our ability to conclude the Company’s 2025 Annual Meeting and move on from this waste of time and resources. The Company plans to actively solicit shareholders in the ensuing months to seek to obtain a quorum so that Barnwell can proceed with conducting its 2025 Annual Meeting in an orderly fashion.”","length":641,"tagName":"p"},{"type":"text","content":"This is the thi...