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Barnwell Industries Reaches Agreement With MRMP Stockholders to End Potential Proxy Contest
Barnwell Industries, Inc.January 28, 2021 GMT
HONOLULU, Jan. 28, 2021 (GLOBE NEWSWIRE) Barnwell Industries, Inc. (NYSE-American: BRN) (“Barnwell” or the “Company”) is pleased to announce today that it has entered into a cooperation and support agreement with MRMP-Managers LLC, Ned L. Sherwood Revocable Trust, Ned L. Sherwood and Bradley M. Tirpak (collectively, the “MRMP Stockholders”), with respect to the potential proxy contest pertaining to the election of directors to our Board of Directors (the “Board”).