Update from EMGS
Electromagnetic Geoservices ASA ("EMGS" or the "Company") has been advised by the customer that the Company will not, in the near to medium future, receive additional acquisition work under the two-year acquisition contract announced to the market on 4 June 2019.
New chairman of the board of directors
Electromagnetic Geoservices ASA ("EMGS" or the "Company") has been notified by Mr Johan Kr Mikkelsen of his resignation from the position as chairman of the board of directors of the Company. The resignation is effective immediately. Mr Mikkelsen resigns for personal reasons.
EMGS reports fourth quarter 2019 results
Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report and market presentation for the fourth quarter of 2019 are attached.