EDMONTON, AB, June 22, 2021 /CNW/ - Nova Cannabis Inc.
("Nova" or the "Company") (TSXV: NOVC) held its
annual and special meeting of shareholders on June 22, 2021 (the "Meeting").
The complete voting results from the Meeting are as follows:
1. Election of
Directors
Each of the six (6) nominees listed in the Management
Information Circular of the Company was elected as a Director of
the Company.
|
Director
Nominee
|
Votes
For
|
%
|
Votes
Withheld
|
%
|
|
James F.C.
Burns
|
42,874,505
|
95.35
|
2,089,341
|
4.65
|
|
Darren
Karasiuk
|
42,941,505
|
95.50
|
2,022,341
|
4.50
|
|
Thomas
Bitove
|
44,961,033
|
99.99
|
2,813
|
0.01
|
|
Ron Hozjan
|
44,920,581
|
99.90
|
43,265
|
0.10
|
|
Ross
Sinclair
|
42,789,643
|
95.16
|
2,174,203
|
4.84
|
|
Marvin
Singer
|
44,961,033
|
99.99
|
2,813
|
0.01
|
2. Appointment of
Auditors
PricewaterhouseCoopers LLP were re-appointed as auditors of the
Company until the close of the next annual meeting of shareholders
at a remuneration to be fixed by the Board of Directors.
|
Votes
For
|
%
|
Votes
Withheld
|
%
|
|
45,023,505
|
99.998
|
677
|
0.002
|
3. Confirmation of
New By-Law No. 1
The ordinary resolution to confirm New By-Law No. 1 as a by-law
of the Company was passed by the shareholders.
|
Votes
For
|
%
|
Votes
Against
|
%
|
|
44,932,976
|
99.93
|
30,822
|
0.07
|
4. Approval and
Ratification of the 2021 Equity Incentive Plan
The ordinary resolution to approve and ratify the 2021 Equity
Incentive Plan was passed by the
disinterested shareholders.
|
Votes
For
|
%
|
Votes
Against
|
%
|
|
44,637,118
|
99.90
|
42,680
|
0.10
|
Full voting results on all matters voted on at the Meeting will
be filed under the Company's profile at www.sedar.com.
About Nova Cannabis Inc.
Nova is one of Canada's largest
and fastest growing cannabis retailers with a goal to disrupt the
cannabis retail market by offering a wide range of high-quality
cannabis products at every-day best value prices. The Company
currently operates 54 locations across Alberta, Ontario, and Saskatchewan primarily under its Value Buds
and Nova Cannabis banners. The Company is majority owned by Alcanna
Inc. (TSX: CLIQ). Nova's common shares trade on the TSX Venture
Exchange under the symbol "NOVC". Additional information about Nova
Cannabis Inc. is available at www.sedar.com and the Company's
website at www.novacannabis.ca.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE Nova Cannabis Inc.