04:25 PM EST, 11/24/2025 (MT Newswires) -- Brinks Resources, a UK-based governance, investment, and strategic development company, said Monday it implemented a temporary governance freeze tied to its minority investment in RevoluGROUP Canada (REVO.V), citing recently published shareholder concerns.
The move follows issues raised by a group calling itself the RevoluGROUP Proxy Shareholder Group, which in a Sept. 20 public communication flagged matters related to director legitimacy, AGM compliance, audit questions, and potential asset-separation risks.
Brinks said the freeze is a risk-management measure aimed at protecting its minority position during a period of uncertainty. The action applies only to Brinks' internal processes, including information handling, subsidiary correspondence and governance procedures linked to the investment.
A spokesperson said the freeze is a "measured and responsible step" and noted it is standard practice for minority investors when governance concerns are made public.
Brinks added the freeze does not interfere with RevoluGROUP's operations, does not allege wrongdoing, and does not affect its long-term investment outlook. The measure is temporary and will be reviewed as more information becomes available.