TORONTO, June 29,
2023 /PRNewswire/ - Auxly Cannabis Group Inc.
(TSX: XLY) (OTCQB: CBWTF) ("Auxly" or the
"Company") announced today the voting results from its
annual general and special meeting of shareholders held on
June 29, 2023 (the
"Meeting").
A total of 66,201,529 common shares of the Company,
representing 6.56% of the issued and outstanding common shares of
the Company, were voted in connection with the Meeting by
shareholders and proxy holders.
The voting results for the matters put forward before the
Company's shareholders for consideration and approval, as set out
in the Company's information circular dated May 19, 2023 (the "Circular"), are set out
below.
Each of the directors listed as a nominee in the Circular was
elected as a director of the Company at the Meeting. The detailed
results of the vote for the election of directors held at the
Meeting are set out below:
|
Name of
Nominee
|
Votes cast
FOR
|
% of votes cast
FOR
|
Votes
WITHHELD
|
% of votes
WITHHELD
|
|
Genevieve
Young
|
52,473,527
|
79.26 %
|
13,728,002
|
20.74 %
|
|
Hugo Alves
|
49,470,746
|
74.73 %
|
16,730,783
|
25.27 %
|
|
Troy Grant
|
52,409,069
|
79.17 %
|
13,792,460
|
20.83 %
|
|
Vikram Bawa
|
52,785,606
|
79.73 %
|
13,415,923
|
20.27 %
|
|
Conrad Tate
|
52,910,595
|
79.92 %
|
13,290,934
|
20.08 %
|
|
Murray
McGowan
|
52,515,645
|
79.33 %
|
13,685,884
|
20.67 %
|
At the Meeting, Auxly shareholders approved the re-appointment of
Ernst & Young LLP ("EY") as the Company's auditors for
the 2023 fiscal year and authorized the board of directors to fix
its remuneration.
The Share Consolidation Resolution (as defined in the Circular)
was not approved by the requisite two-thirds (66 2/3%) of the votes
cast at the Meeting.
A report of voting results on all resolutions voted on at the
Meeting will be available on SEDAR at www.sedar.com.
ON BEHALF OF THE BOARD
"Hugo Alves" CEO
About Auxly Cannabis Group Inc.
(TSX: XLY)
Auxly is a leading Canadian consumer packaged goods company in
the cannabis products market, headquartered in Toronto, Canada. Our focus is on developing,
manufacturing and distributing branded cannabis products that
delight our consumers.
Our vision is to be a leader in branded cannabis products that
deliver on our consumer promise of quality, safety and
efficacy.
Learn more at www.auxly.com and stay up to date at Twitter:
@AuxlyGroup; Instagram: @auxlygroup; Facebook:
@auxlygroup; LinkedIn: company/auxlygroup/.
Neither Toronto Stock Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the Toronto
Stock Exchange) accepts responsibility for the adequacy or accuracy
of this release.
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SOURCE Auxly Cannabis Group Inc.