Callan JMB director Mark Meller resigns from board and audit committee chair
Callan JMB director Mark Meller resigned effective immediately on August 26, 2026, from the board and his roles as audit committee chair and governance and compensation committee member. The filing says the resignation was not due to any disagreement with the company on operations, policies or practices, and it ties the board change to an August 19, 2026 asset purchase agreement with Reger Oil, Inc. for oil and gas assets.
Key points
- Mark Meller resigned from the board and as audit committee chair effective immediately on August 26, 2026.
- If the Reger Oil asset purchase closes, holders of a majority of the stated value of Series A perpetual convertible preferred stock issued to the seller will nominate and elect a replacement director.
- If the transaction does not close, remaining directors will fill the vacancy under the company's bylaws.
- The filing states the resignation was not the result of any disagreement with the company.
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 01, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.