Fusion Fuel Green PLC (Nasdaq: HTOO) announced today, 2025‑10‑16, that it will convene an Extraordinary General Meeting on 2025‑11‑06 to seek shareholder approval for the election of two new independent directors and to authorize the board to increase its authorized share capital. The meeting will also approve the appointment of Pierce Crosby, Managing Partner of Merchant Seven, and Steven Gold, Chief Executive Officer of Jaguar Uranium Corp., as Class II directors. Both candidates are independent under Nasdaq rules and bring expertise in financial markets, fintech, and natural resources.
The announcement notes that Jeffrey Schwarz and Rune Lundetræ will step down from the board following the meeting. Schwarz has served as a director for five years, while Lundetræ has been a long‑time board member; the company thanked them for their service and highlighted their contributions to navigating a recent restructuring. Their departure paves the way for the new directors to influence Fusion Fuel’s strategic direction.
The board’s request to increase authorized share capital is intended to provide flexibility for potential large‑scale strategic transactions, including digital and commodity asset treasury initiatives. By expanding its capital base, Fusion Fuel positions itself to pursue acquisitions or financing opportunities that could accelerate its transition to an integrated energy solutions provider. This corporate action is a significant governance and financial strategy update for investors.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.