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Westleaf and We Grow Announce Results of Shareholder Meetings
Westleaf and We Grow Announce Results of Shareholder Meetings Canada NewsWire CA...
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[{"type":"text","content":"\n\n\n\nWestleaf and We Grow Announce Results of Shareholder Meetings\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, Dec. 19, 2019\n\n\n\n/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./\n CALGARY, Dec. 19, 2019 /CNW/ - Westleaf Inc. (\"Westleaf\") (TSX-V:WL) (OTCQB:WSLFF) and We Grow BC Ltd. (\"We Grow\") are pleased to announce the results of their respective securityholder meetings in connection with the previously announced plan of arrangement under Division 5 of Part 9 of the Business Corporations Act (British Columbia) involving Westleaf, We Grow and certain securityholders of We Grow (the \"Arrangement\"). \n\n \n \n\n \nThe Westleaf Meeting\nAt Westleaf's annual general and special meeting of the holders of Westleaf common shares (the \"Westleaf Shareholders\") held on December 18, 2019 (the \"Westleaf Meeting\"), Westleaf Shareholders have approved all of the resolutions to be voted on by Westleaf Shareholders that were set forth in the joint information circular of Westleaf and We Grow dated November 20, 2019 (the \"Information Circular\"), available on Westleaf's SEDAR profile at www.sedar.com.\nSpecifically, Westleaf Shareholders have approved the ordinary resolution relating to the change in management (\"Change in Management\") of Westleaf in connection with the Arrangement. The Change in Management resolution was approved by approximately 98% of the votes cast by Shareholders at the Westleaf Meeting.\nAt the Westleaf Meeting, Westleaf Shareholders also approved ordinary resolutions approving: (i) fixing the number of directors of Westleaf to be elected at seven; (ii) election of directors of Westleaf; (iii) appointment of the auditor; (iv) an amendment to the stock option plan for Westleaf to be effective upon completion of the Arrangement; and (v) an amendment to the restricted share unit plan for Westleaf to be effective upon completion of the Arrangement.\nTh...