TORONTO, Sept. 30, 2020 /CNW/ - Namaste
Technologies Inc. ("Namaste" or the "Company") (TSXV: N)
(FRANKFURT: M5BQ) (OTCMKTS: NXTTF) announces the results of
its 2020 Annual General Meeting of Shareholders ("AGM")
held on Tuesday, September 29,
2020 in a virtual format via live webcast. Shareholders
approved the election of the five nominated directors, the
appointment of Baker Tilly WM LLP as the Company's auditors, the
ratification of the Company's amended and restated stock option
plan as well as the ratification of the newly established Deferred
Share Unit Plan and Restricted Share Unit Award Plan.
Directors elected by shareholders include:
Director
|
Outcome of
Vote
|
Percentage
of
Votes
For
|
Percentage of
Votes
Withheld/Against
|
Baran
Dilaver
|
Approved
|
86.4%
|
13.6%
|
Laurens
Feenstra
|
Approved
|
87.1%
|
12.9%
|
Meni Morim
|
Approved
|
89.5%
|
10.5%
|
Branden
Spikes
|
Approved
|
88.7%
|
11.3%
|
Andrew
Wilczynski
|
Approved
|
87.2%
|
12.8%
|
The matters passed on at the Meeting are fully described in the
Management Information Circular related to the Meeting, which can
be found in the annual general meeting of shareholders section of
the Company's website:
https://www.namastetechnologies.com/shareholder-voting/.
About Namaste Technologies Inc.
Headquartered in
Toronto, ON, Namaste Technologies
is a leading online platform for cannabis products, accessories,
and responsible education. The Company's 'everything cannabis
store', CannMart.com, provides medical customers with a diverse
selection of hand-picked products from a multitude of
federally-licensed cultivators, all on one convenient site. The
Company also distributes licensed and in-house branded cannabis and
cannabis derived products to recreational consumers in Canada through a number of provincial
government control boards and retailing bodies and online in
Saskatchewan. Namaste's global
technology and continuous innovation address local needs in a
burgeoning cannabis industry requiring smart solutions.
Information on the Company and its many products can be accessed
through the links below:
NamasteTechnologies.com
NamasteMD.com
Cannmart.com
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release or has in any way approved or disapproved
of the contents of this press release.
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SOURCE Namaste Technologies Inc.