Future Farm Reports Results of Annual General Meeting
December 20 2019 - 8:00AM
via NEWMEDIAWIRE -- Future Farm Technologies Inc. (
CSE:
FFT) (
OTCQB: FFRMF) is pleased to
announce the results of its Annual General Meeting held on December
16, 2019 in Vancouver, British Columbia, Canada.
At the meeting, all resolutions were passed with the required
majority as follows:
1. The number of
directors were set at four (4) for the ensuing year;
2. Directors of
the Company to hold office until the next annual meeting of the
Future Farm Shareholders will be incumbents William Gildea, Craig
Stanley, Scott McDermid and newly appointed Director Thomas
Barrette; and
3. Dale Matheson
Carr-Hilton LaBonte LLP, Chartered Professional Accountants, were
appointed as Auditors of the Company for the ensuing year and the
board of directors were authorized to fix the auditor’s
remuneration.
The Company would like to take this opportunity to welcome Tom
Barrette to its Board of Directors. Mr. Barrette is an accomplished
attorney and business executive with deep experience working with
companies facing challenges such as sophisticated financing needs,
complex strategic partnerships with multiple parties, and
significant government regulation.
“Tom has been consulting with our management team for over a
year now, and has become an integral part of the future of our
Company,” comments William Gildea, Future Farm’s CEO.
“We are excited to add Tom’s business acumen and vision to the
development of Future Farm, especially as we are now focusing on
the hemp-derived CBD business.”
The Company would also like to thank outgoing director John
Sweeney for his time and efforts while serving on the Board and
wish him well in his future endeavors.
For further information, contact Investor Relations
at investor@futurefarmtech.com or (888) 387-3761 ext.
710.
On behalf of the Board,
Future Farm Technologies Inc.
William Gildea, Chairman and CEO
About Future Farm Technologies Inc.
Future Farm Technologies is a Canadian public company that is
poised to be a leading supplier of hemp-derived CBD products to
meet the burgeoning demand in the U.S. and global markets. The
Company’s current key initiatives are the processing of its hemp
crop grown in Maine, the pursuit of other hemp-related
opportunities throughout the U.S. and the development of elite
strains of cannabis in Canada.
Future Farm’s seasoned management team brings a deep
understanding of operations and agriculture with the financial and
regulatory expertise needed to become an industry leader in the
evolving market for CBD and related compounds.
Neither the Canadian Securities Exchange nor its Market
Regulator (as that term is defined in the policies of the Canadian
Securities Exchange) accepts responsibility for the adequacy or
accuracy of this release. The Canadian Securities Exchange has not
in any way passed upon the merits of the proposed transaction and
has neither approved nor disapproved the contents of this press
release.
This news release may include forward-looking statements that
are subject to risks and uncertainties. All statements within,
other than statements of historical fact, are to be considered
forward looking. Although the Company believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in forward-looking statements. Factors
that could cause actual results to differ materially from those in
forward-looking statements include market prices, exploitation and
exploration successes, continued availability of capital and
financing, and general economic, market or business
conditions. There can be no assurances that such statements
will prove accurate and, therefore, readers are advised to rely on
their own evaluation of such uncertainties. We do not assume
any obligation to update any forward-looking statements except as
required under the applicable laws.
Investor Relations
888-387-3761 x710
investor@futurefarmtech.com
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