NYSE | TSX: ACB
EDMONTON, AB, Nov. 16, 2020 /PRNewswire/ - Aurora Cannabis
Inc. (the "Company" or "Aurora") (NYSE: ACB) (
TSX: ACB), the Canadian company defining the future of cannabinoids
worldwide, is pleased to announce the voting results from its
Annual General and Special Meeting of Shareholders (the
"Meeting") held on Thursday, November
12, 2020 by virtual webcast. The total number of shares
represented by shareholders present in person and by proxy at the
Meeting was 48,828,603, representing 40.34% of Aurora's issued and
outstanding common shares.
All of the matters put forward before shareholders for
consideration and approval, as set out in the Company's Management
Information Circular dated September 28,
2020, were approved by the requisite majority of votes cast
at the Meeting. The details of the voting results for the election
of directors are set out below:
Nominee
|
Votes
For
|
Votes
Withheld
|
Miguel
Martin
|
9,114,731
(90.05%)
|
1,007,078
(9.95%)
|
Michael
Singer
|
8,327,088
(82.27%)
|
1,794,722
(17.73%)
|
Ron Funk
|
8,920,391
(88.13%)
|
1,201,419
(11.87%)
|
Norma
Beauchamp
|
8,901,696
(87.95%)
|
1,220,113
(12.05%)
|
Margaret Shan
Atkins
|
8,965,142
(88.57%)
|
1,156,667
(11.43%)
|
Adam
Szweras
|
8,642,769
(85.39%)
|
1,479,040
(14.61%)
|
Michael
Detlefsen
|
9,009,767
(89.01%)
|
1,112,043
(10.99%)
|
Lance
Friedmann
|
8,894,788
(87.88%)
|
1,227,022
(12.12%)
|
Shareholders also approved the following matters:
- appointment of KPMG LLP as auditors of the Company for the
ensuing year;
- renewal of the Company's 10% "rolling" stock option plan;
- adoption of the Company's fixed performance share unit
plan;
- an amendment to each of the Company's fixed restricted share
unit plan and fixed deferred share unit plan to increase the number
of common shares issuable under each plan; and
- a non-binding advisory resolution on the Company's approach to
executive compensation
The Company has filed a report of voting results on all
resolutions voted on at the Meeting on www.sedar.com
About Aurora
Aurora is a global leader in the cannabis industry serving both
the medical and consumer markets. Headquartered in Edmonton, Alberta, Aurora is a pioneer in
global cannabis dedicated to helping people improve their lives.
The Company's brand portfolio includes Aurora, Aurora Drift, San
Rafael '71, Daily Special, AltaVie, MedReleaf, CanniMed, Whistler,
and Reliva CBD. Providing customers with innovative, high-quality
cannabis products, Aurora's brands continue to break through as
industry leaders in the medical, performance, wellness and
recreational markets wherever they are launched. For more
information, please visit our website at www.auroramj.com.
Aurora's Common Shares trade on the TSX and NYSE under the
symbol "ACB", and is a constituent of the S&P/TSX Composite
Index.
Forward Looking Statements
This news release includes statements containing certain
"forward-looking information" within the meaning of applicable
securities law ("forward-looking statements"). Forward-looking
statements are frequently characterized by words such as "plan",
"continue", "expect", "project", "intend", "believe", "anticipate",
"estimate", "may", "will", "potential", "proposed" and other
similar words, or statements that certain events or conditions
"may" or "will" occur. These statements are only predictions.
Various assumptions were used in drawing the conclusions or making
the projections contained in the forward-looking statements
throughout this news release. Forward-looking statements are based
on the opinions and estimates of management 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 projected in the
forward-looking statements. The Company is under no obligation, and
expressly disclaims any intention or obligation, to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as expressly
required by applicable law.
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SOURCE Aurora Cannabis Inc.