CALGARY, ALBERTA – Maple Leaf Green World Inc. (“Maple Leaf” or the “Company”) (NEO: MGW, OTCQX: MGWFF) announces the voting results from its annual general meeting of shareholders held on September 27, 2019 in Calgary, Alberta. A total of 34,631,616 common shares of Maple Leaf (“Common Shares”) were represented at the meeting, being 21.49% of the Company’s issued and outstanding Common Shares.
Results for Election of Director Nominee
Each of the director nominees proposed by management were elected as directors of the Company. Detailed results of the votes cast by ballot for directors of the Company at the annual general meeting of shareholders are shown below:
Nominees | Votes in Favour | Votes Withheld | Percentage of Votes in Favour |
Raymond Lai | 18,845,991 | 6,990,222 (27.056%) | 72.994% |
Joe Wong | 18,084,002 | 7,752,211 (30.005%) | 69.995% |
Naj Alizada | 16,516,165 | 9,320,048 (36.074%) | 63.926% |
Greg Moline | 16,883,265 | 8,952,848 (34.653%) | 65.347% |
Terence Lam | 18,406,425 | 7,429,788 (28.757%) | 71.243% |
Daniel Larkin | 16,506,663 | 9,329,550 (36.110%) | 63.890% |
Results for Exercise Price Reduction and Term Extension for Warrants
Exercise Price Reduction and Term Extension for Warrants were approved by majority of minority disinterested shareholders of the Corporation. Detailed results of the votes cast are shown below:
Votes in Favour | Votes Against | Percentage of Votes in Favour | |
Warrant Extension and Price Reduction | 20,927,463 | 4,908,750 (18.999%) | 81.001% |
All other matters set out in the management information circular, dated August 13. 2019 were approved by the requisite majority of the shareholders at the annual general and special meeting of shareholders. Detailed voting results for the meeting are available on SEDAR at www.sedar.com. For further information regarding the Company, please visit www.mlgreenworld.com.
About Maple Leaf Green World Inc.
Maple Leaf is a public Canadian company that focuses on the cannabis industry in North America. The Company currently has cannabis projects in British Columbia and California. Maple Leaf’s long-term objective is to produce cannabis oil and to export its products to approved countries. The Company’s common shares are listed for trading on the Aequitas NEO Exchange Inc. under the symbol “MGW” and on the OTCQX market under the symbol “MGWFF.”
For further information, please contact:
Maple Leaf Green World Inc.
Raymond Lai, Chairman, President & CEO +1(403) 452-4552 |
V.P. Business Development
Phone: (403) 452-4552 (303); Mobile: (403) 616 – 4877 |