Vero Beach, Florida--(Newsfile Corp. - March 19, 2025) - The Sherwood Group, a long-term and significant shareholder with approximately 29.90% of the issued and outstanding shares of Barnwell Industries, Inc. ("Barnwell" or "BRN") is pleased to announce that the consent window has officially begun with the receipt of the first consent. On Friday, March 14, 2025, Mr. Alex Kinzler, Executive Chairman of the Board, Secretary, and General Counsel of Barnwell, submitted a Blue Consent Card and consented to all three proposals.
Over the next several days, Barnwell shareholders will receive their consent statements along with Blue Consent Cards. We strongly encourage shareholders to review the materials carefully and take action by consenting to all three proposals on the Blue Consent Card as soon as they receive it.
Let's be clear: the consent solicitation is about fixing what is broken. If you believe in accountability, transparency, and making sure your investment actually delivers value, the choice is simple-Consent on the Blue card.
If you have any questions or require any assistance in executing your consent, please contact:
Alliance Advisors
200 Broadacres Drive, 3rd Floor, Bloomfield, NJ 07003
Shareholders call toll-free: 1 (833) 215-7301
Email: brn2025@allianceadvisors.com
Your participation is critical in this process, and we appreciate your support.
For media inquiries or further information, please contact:
Alyssa Barry
Media Relations, Alliance Advisors
abarry@allianceadvisors.com
LEGEND
Ned L. Sherwood, MRMP-Managers LLC, Ned L. Sherwood Revocable Trust, James C. Cornell, Heather Isidoro, Stuart I. Oran, and Gregory W. Sullivan (collectively, the "Participants") have filed a definitive consent statement and accompanying form of consent card with the SEC to be used in connection with the solicitation of consents from the stockholders of Barnwell Industries, Inc. (the "Company"). All stockholders of the Company are advised to read the definitive consent statement and other documents related to the solicitation of consents by the Participants because they contain important information, including additional information related to the Participants. The definitive consent statement and an accompanying BLUE consent card will be furnished to some or all of the Company's stockholders and will be, along with other relevant documents, available at no charge on the SEC's website at http://www.sec.gov/ and from the Participants' consent solicitor, Alliance Advisors, by requesting a copy via email to brn2025@allianceadvisors.com. Information about the Participants and a description of their direct or indirect interests by security holdings is contained in the definitive consent statement on Schedule 14A, filed by the Participants with the SEC on March 14, 2025. This document is available free of charge from the sources indicated above.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/245171
SOURCE: Ned L. Sherwood
