Marion Energy Limited (ASX:MAE) Seek Approval To Convert Contractual Payments Due To Executive Directors/Management Into

  Melbourne, Australia, Aug 3, 2009 - (ABN Newswire) - The Board of Marion Energy Limited (ASX:MAE)(PINK:MAEJF) advise that they have resolved to seek shareholder approval to convert contractual cash payments due to Executive Directors and other management into fully paid ordinary shares in the Company.The Executive Directors took this initiative to underline their confidence in the Company, its assets and its future.  

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