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Canopy Rivers Inc. announces results of annual general and special meeting of shareholders

TORONTO, Sept. 26, 2019 /CNW/ - Canopy Rivers Inc. ("Canopy Rivers" or the "Company") (TSX:RIV.V - News) (OTC:CNPOF - News), a venture capital firm specializing in cannabis, today announced the voting results from its annual general and special meeting of shareholders (the "Meeting") held today.

Canopy Rivers logo (CNW Group/Canopy Rivers Inc.)

32,117,069 of the Company's issued and outstanding subordinated voting shares (each carrying one vote per share) and 36,468,318 of the Company's issued and outstanding multiple voting shares (each carrying 20 votes per share), representing 86.14% of the votes attached to all outstanding shares of the Company, were represented in person or by proxy at the Meeting.

Shareholders voted in favour of each of the items of business before the Meeting, including the election of each of the director nominees to serve until the Company's next annual shareholders' meeting or until his or her successor is duly elected or appointed. The results are set out below:

 

Name of Director
Nominee

Votes cast
FOR

% votes cast
FOR

Votes
WITHHELD

% votes
WITHHELD

Narbe Alexandrian

754,140,044

99.96%

328,582

0.04%

John K. Bell

748,580,962

99.22%

5,887,664

0.78%

Asha Daniere

754,026,441

99.94%

442,185

0.06%

Richard Mavrinac

754,043,067

99.94%

425,559

0.06%

Joseph Mimran

754,155,065

99.96%

313,561

0.04%

 

For detailed voting results on each matter, please refer to the Company's Report of Voting Results available under the Company's profile on SEDAR at www.sedar.com.  

About Canopy Rivers:
Canopy Rivers is a unique investment and operating platform structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers identifies strategic counterparties seeking financial and/or operating support. Canopy Rivers has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth Corporation (TSX: WEED, NYSE: CGC) and collaborate among themselves, which Canopy Rivers believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem.

Cision

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SOURCE Canopy Rivers Inc.


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