Акционеры White Energy единогласно утвердили Нейтана Тинклера председателем и одобрили покупку его угольной компании

White Energy shareholders recently endorsed the appointment of Nathan Tinkler as the company's chairman. The rise of former Hunter coal baron Nathan Tinkler from the ashes continues after White Energy shareholders almost unanimously supported his appointment as chairman. Subscribe now for unlimited access. or signup to continue reading All articles from our website The digital version of Today's Paper All other in your area The shareholders recently overwhelmingly voted in favour of five resolutions that will result in the company acquiring Mr Tinkler's Queensland coal company Oceltip Coal 2. The resulting purchase will also raise $15 million from new investors. Since the equity raising was announced, White Energy shares surged to six times their market price before the Tinkler deal was made public. The raising was supported by a mix of wealthy individuals and institutional investors. The Australian Financial Review reported that Tribeca Investment Partners was among those that subscribed for shares in White Energy. "We are back on the Tink train - he is a great dealmaker and has an eye for mis-priced assets," Tribeca portfolio manager Ben Cleary said. White Energy owns a demonstration and pilot plant in Cessnock for processing low-grade and waste coal, but is otherwise not active in the Hunter. Nathan Tinkler with former right-hand manTroy Palmer. Picture Newcastle Herald. Its purchase of Mr Tinkler's Oceltip Coal 2 will give it control of undeveloped coal assets near the Queensland town of Wandoan. Mr Tinkler will be joined on the board by resources industry investor John Canavan, the brother of National senator Matt Canavan. It is not the first time that Mr Tinkler's presence has helped lift a relatively small resources company's profile. Australian Pacific Coal found itself in the spotlight when Mr Tinkler joined the company in 2015. He helped drive a strategy to buy coal assets at what were then very low coal prices. Among the projects that were resurrected was the controversial Dartbrook coal mine near Muswellbrook. Mr Tinkler, who was named as Australia's youngest billionaire with a net worth of more than $1.18 billion in early 2012, acquired the ownership of the Newcastle Jets in 2010 and the Newcastle Knights in 2011. However, by 2016 his empire had collapsed, culminating in him being declared bankrupt with debts of more than $540 million. Mr Tinkler's Newcastle headquarters, which included the top floor of the Boardwalk Building at One Honeysuckle Drive, was offloaded via expressions of interest. His properties in Ocean Street, Merewether, sold for $6.2 million in March 2014. His personal bankruptcy was annulled in 2018 and a ban on him serving as a director of Australian companies expired in early 2021. He sold his 15-bedroom Sapphire Beach beachfront compound in April 2024. The details of his current address are not widely known. Tributes & Funerals Notices Wilson (Nee Tull), Anne Particia 1942 - 2026 Published 24 Jun Mckimm, Ruth 2025 Published 13 Aug Laurie, Christopher Robert 1962 - 2024 West Armidale Published 16 Oct Britten, Margaret Jean "Jean" 2024 Published 11 Sep More Tributes & Funerals Notices As it happens Breaking news alert Be the first to know when news breaks. Weekdays The Echidna Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. Weekly Explore Travel News Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. Twice weekly The Informer Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. Weekly Motoring Get news, reviews and expert insights every Thursday from CarGuide, ACM's exclusive motoring partner. Daily Your favourite puzzles Test your skills with interactive crosswords, sudoku & trivia. Fresh daily! Twice weekly The Senior newsletters Stay in the know on news that matters to you with twice weekly newsletters from The Senior. Twice weekly Voice of Real Australia Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over.