Erin Energy Corp:
* Erin energy- was advised that on april 3, aggregate of 116.1 million shares of co's common stock previously held by allied energy plc were foreclosed
* Erin energy -116.1 million shares foreclosed upon by oltasho nigeria limited in connection with failure of allied to timely repay $50 million owed to oltasho
* Erin energy- on april 13, 2017, aggregate of 1.5 million shares of co previously held by camac interest'l (nigeria) ltd foreclosed upon by latmol investment ltd
* Erin energy says 1.5 million shares foreclosed upon by latmol, in connection with failure of camac to timely repay $50 million owed to latmol - sec filing
* Erin energy corp - shares foreclosed upon represented approximately 54.6 percent of company's outstanding voting shares as of dates of foreclosure
* Erin energy-prior to april 2017, shares of common stock previously held by allied, camac were beneficially owned by kase lawal, co's former chairman, ceo
* Erin energy - on july 5, oltasho, latmol entered voting agreement with lawal, lawal to continue to hold voting control over co after foreclosures
* Erin energy - voting agreement has a term of about 10 years, through july 31, 2027, but can be terminated at any time with mutual consent of parties Source text (bit.ly/2tVA0wu) Further company coverage:
