Shareholders Elect All Seven Director
Nominees
LEAMINGTON, ON, Nov. 18, 2020 /PRNewswire/ - Aphria Inc.
("Aphria" or the "Company") (TSX: APHA) (NASDAQ:
APHA), a leading global cannabis company inspiring and empowering
the worldwide community to live their very best life, today
announced that all seven of the director nominees listed in the
Company's management information circular dated September 23, 2020 were elected to serve as
directors of the Company at its Annual Meeting of Shareholders on
November 17, 2020. The Annual
Meeting of Shareholders was held virtually in an abundance of
caution to protect the health and safety of Aphria's shareholders
from the COVID-19 pandemic.
All of the matters put forward before shareholders for
consideration and approval, as set out in the Company's Management
Information Circular dated September 23, 2020, were approved
by the requisite majority of votes cast at the meeting.
The following table provides detailed results of matters which
were considered and voted upon:
Matters Voted Upon
at the Meeting
|
Votes
For
|
Votes
Withheld
|
1. Election of
Directors
|
|
|
Irwin D.
Simon
|
27,721,382
(90.41%)
|
2,941,382
(9.59%)
|
Renah
Persofsky
|
28,124,761
(91.72%)
|
2,538,003
(8.28%)
|
Jodi Butts
|
28,227,971
(92.06%)
|
2,434,793
(7.94%)
|
John M.
Herhalt
|
28,973095
(94.49%)
|
1,689,699
(5.51%)
|
David
Hopkinson
|
22,150,254
(72.24%)
|
8,512,510
(27.76%)
|
Tom Looney
|
22,240,359
(72.53%)
|
8,422,405
(27.47%)
|
Walter Robb
|
21,083,479
(68.76%)
|
9,579,286
(31.24%)
|
2. Re-appointment
of Auditors –PricewaterhouseCoopers LLP for the ensuing
year
|
101,657,609
(96.44%)
|
3,750,670
(3.56%)
|
The Company has filed its report of voting results on all
resolutions voted on at the meeting on www.sedar.com and
www.edgar.com.
We Have A Good Thing Growing
About Aphria Inc.
Aphria Inc. is a leading global cannabis company inspiring and
empowering the worldwide community to live their very best life.
Headquartered in Leamington,
Ontario – the greenhouse capital of Canada – Aphria Inc. has been setting the
standard for the low-cost production of high-quality cannabis at
scale, grown in the most natural conditions possible. Focusing on
untapped opportunities and backed by the latest technologies,
Aphria Inc. is committed to bringing breakthrough innovation to the
global cannabis market. The Company's portfolio of brands is
grounded in expertly researched consumer insights designed to meet
the needs of every consumer segment. Rooted in our founders'
multi-generational expertise in commercial agriculture, Aphria Inc.
drives sustainable long-term shareholder value through a
diversified approach to innovation, strategic partnerships and
global expansion.
For more information, visit: aphriainc.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: Certain
information in this news release constitutes forward-looking
statements under applicable securities laws and are expressly
qualified by this cautionary statement. Any statements that are
contained in this news release that are not statements of
historical fact may be deemed to be forward-looking statements.
Forward looking statements are often identified by terms such as
"may", "should", "anticipate", "expect", "potential", "believe",
"intend" or the negative of these terms and similar expressions.
Forward-looking statements are based on the opinions, estimates and
perception of trends of management and its beliefs with respect to
future events, as 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. Factors that may
cause such differences include, but are not limited to, risks
associated with COVID-19 nationally and globally which could have a
material adverse impact on Aphria's business, operations and
financial results, including disruptions in cultivation and
processing, supply chains and sales channels, as well as a
deterioration of general economic conditions including national
and/or global recessions and the response of governments to the
COVID-19 pandemic in respect of the operation of retail stores or
pharmacies (as applicable); general economic conditions; adverse
industry events; marketing costs; loss of markets; future
legislative and regulatory developments involving cannabis or
otherwise affecting Aphria's business or its consumers generally;
inability to access sufficient capital from internal and external
sources, and/or inability to access sufficient capital on favorable
terms; the cannabis industry in Canada generally; income tax and regulatory
matters, including delays in the issuance of licenses; the sale and
distribution of vapes; the ability of Aphria to meet its liquidity
requirements to fund ongoing operations; the ability of Aphria to
implement its business strategies; competition; crop failure;
safety of derivative cannabis products; currency and interest rate
fluctuations.
Readers are cautioned that the foregoing list is not exhaustive
and should carefully review the various risks and uncertainties
identified in the Company's filings on SEDAR and EDGAR. Readers are
further cautioned not to place undue reliance on forward-looking
statements as there can be no assurance that the plans, intentions
or expectations upon which they are placed will occur. Such
information, although considered reasonable by management at the
time of preparation, may prove to be incorrect and actual results
may differ materially from those anticipated. The forward-looking
statements included in this news release are made as of the date of
this news release and the Company does not undertake an obligation
to publicly update such forward-looking statements to reflect new
information, subsequent events or otherwise unless required by
applicable securities laws. Neither TSX nor its Regulation
Services Provider (as that term is defined in the policies of
Toronto Stock Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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SOURCE Aphria Inc.