In their place Equigold founder Nick Giorgetta assumed the chairman's mantle while former Equigold managing director Mark Clark and former operations director Morgan Hart took on executive duties at Regis with a promise to develop the junior's flagship Duketon gold project north of Laverton. The Equigold group's success was helped by the surprise decision by Newmont, Regis' biggest shareholder with a 23 per cent stake, to vote its stock in favour of the boardroom coup. Mr Walker's Federal Court action lists Newmont as first respondent with the former Equigold executives and their wives as co-respondents.