Business
Independent Proxy Advisory Firms, ISS and Glass Lewis, Recommend MTL Shareholders Vote FOR the Arrangement Resolution with Canopy Growth
MTL Cannabis Corp. (CSE: MTLC) (OTCQX: MTLNF) ("MTL Cannabis" or the "Company") is pleased to announce that two leading independent proxy advisory firms, Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co., LLC ("Glass Lewis"), have each recommended that the holders (the "MTL Shareholders") of common shares of MTL Cannabis ("MTL Shares") vote FOR a special resolution (the "Arrangement Resolution") to approve a proposed plan of arrangement (the "Arrangement") with Canopy Growth
About this update from Canopy Growth Corporation
[{"type":"text","content":"The MTL Board unanimously recommends that MTL Shareholders vote FOR the Arrangement Resolution.","length":95,"tagName":"p","attribs":{}},{"type":"text","content":"Your vote is important no matter how many shares you own. Vote Today.","length":69,"tagName":"p","attribs":{}},{"type":"text","content":"MTL Shareholders who have questions or need assistance with voting their shares should contact MTL Cannabis' proxy solicitation agent, Laurel Hill Advisory Group, by calling or texting "INFO" to 1‑877‑452‑7184 (toll free in Canada/U.S.A), 1-416-304-2011 (International), or by email at [email protected].","length":331,"tagName":"p","attribs":{}},{"type":"text","content":"PICKERING, ON, Feb. 5, 2026 /CNW/ - MTL Cannabis Corp. (CSE: MTLC) (OTCQX: MTLNF) ("MTL Cannabis" or the "Company") is pleased to announce that two leading independent proxy advisory firms, Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co., LLC ("Glass Lewis"), have each recommended that the holders (the "MTL Shareholders") of common shares of MTL Cannabis ("MTL Shares") vote FOR a special resolution (the "Arrangement Resolution") to approve a proposed plan of arrangement (the "Arrangement") with Canopy Growth Corporation ("Canopy Growth") at MTL's special meeting of MTL Shareholders (the "Meeting") on on February 17, 2026 at 9:00 a.m. (Vancouver time). Under the Arrangement, among other things, Canopy Growth will acquire all of the issued and outstanding MTL Shares and each MTL Shareholder will receive fixed consideration for each MTL Share equal to: (i) 0.32 of a common share (each whole share, a "Canopy Share") of Canopy Growth and (ii) $0.144 in cash.","length":1122,"tagName":"p"},{"type":"image","alt":"MTL Cannabis Corp. logo (CNW Group/MTL Cannabis Corp.)","displaySize":"","headline":null,"caption":"MTL Cannabis Corp. logo (CNW Group/MTL Cannabis Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":309,"height":400,"url":"https://media.zenfs.com/en/cnwgroup.com/5dc4954276803d48c9ba802e9a99e382"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Ktj7oopSZvfQaT1J8iTYhg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTU0NDtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/5d...