Percentage of Votes Cast | ||
Number of Directors | % For | % Against |
Number of Directors to be set at four (4) | 96.74% | 3.26% |
Election of directors | % For | % of Votes Withheld |
91.84% | 8.16% | |
91.17% | 8.83% | |
90.99% | 9.01% | |
91.31% | 8.69% | |
Appointment of Auditor | % For | % of Votes Withheld |
To appoint | 88.33% | 11.67% |
Approval of Stock Option Plan | % For | % Against |
To consider and, if deemed appropriate, to pass an ordinary resolution of shareholders approving the Company’s stock option plan as more particularly described in the accompanying Information Circular dated | 87.70% | 12.30% |
Approve Restricted Share Unit Plan | % For | % Against |
To consider and, if deemed appropriate, to pass an ordinary resolution of shareholders approving the Company’s restricted share unit plan, as more particularly described in the accompanying Information Circular. | 87.88% | 12.12% |
Approval of consolidation | For | Against |
To consider and, if deemed appropriate, to pass an ordinary resolution of Shareholders approving the consolidation of the Company’s issued and outstanding common shares (the “Common Shares”) on the basis of one (1) new post-consolidation Common Share for every twenty-five (25) currently outstanding Common Shares, as more particularly described in the accompanying Information Circular. | 72.75% | 27.25% |
Share Consolidation
On
As the Company has now received the requisite shareholder approval, it will be proceeding with the Share Consolidation. Details including the new CUSIP/ISIN numbers and effective date will be announced in an upcoming news release.
About
For more information about
ON BEHALF OF THE BOARD OF DIRECTORS
E: ir@agraventures.com
T: (800) 783-6056
The CSE and Information Service Provider have not reviewed and does not accept responsibility for the accuracy or adequacy of this release.
Forward-looking Information Cautionary Statement
Except for statements of historic fact this news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as “plan” “expect” “project” “intend” “believe” “anticipate” “estimate” and other similar words or statements that certain events or conditions “may” or “will” occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including but not limited to delays or uncertainties with regulatory approvals including that of the CSE. There are uncertainties inherent in forward-looking information including factors beyond the Company’s control. There are no assurances that the business plans for
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