Toronto, Ontario–(Newsfile Corp. – March 30, 2021) – Hill Street Beverage Company Inc. (TSXV: BEER) (“Hill Street” or the “Company“) is pleased to announce the voting results of its Annual General Meeting (the “Meeting“) held on March 30, 2021. A total of 89 Shareholders present in person or represented by proxy and representing 53,642,486 common shares representing 37.7% of the issued shares of the Company were represented at the Meeting.
Detailed voting results of the Meeting are as follows:
|NUMBER OF SHARES||PERCENTAGE OF VOTES CAST|
|Election of Directors|
|Appointment of Auditors||49,580,767||0||858,838||0||98.30%||0.00%||1.70%|
|Stock Option Plan Resolution||47,055,744||1,622,157||0||1,761,704||96.67%||3.33%||0.00%|
|Stock Option Repricing||10,809,186||2,965,773||0||34,902,942||1,761,704||78.47%||21.53%||0.00%|
|Advance Notice By-Law Resolution||43,797,546||4,880,355||0||1,761,704||89.97%||10.03%||0.00%|
|Approval of RSU Plan||7,203,284||5,081,980||0||36,392,637||1,761,704||58.63%||41.37%||0.00%|
|Approval of New Control Person||22,391,074||4,488,972||0||21,797,855||1,761,704||83.30%||16.70%||0.00%|
(1) Shares excluded are those of shareholders that have a direct or indirect interest in the particular resolution, as these particular resolutions require disinterested shareholder approval.
About Hill Street Beverage Company Inc. (TSXV: BEER)
Hill Street Beverage Company is a leading and award-winning company focused on alcohol-free beer, wine, and adult-format beverages. Hill Street’s brands include Hill Street Craft Brewed Lager, and Vin(Zero), and have won numerous medals and accolades around the world. Hill Avenue Cannabis, the Company’s wholly-owned subsidiary, will produce and sell Cannabis-infused adult beverages and other Cannabis products with expected distribution at licensed outlets in 2021, as well as commercializing Lexaria’s patented DehydraTECHTM fast-acting platform technology.
Check out Hill Street’s award-winning alcohol-free line-up and order product to be delivered straight to your home at www.hillstreetbeverages.com, and cannabis related business activities and products at www.hillavenuecannabis.com.
For further information:
Craig Binkley, Co-interim CEO Hill Street Beverage Company Inc., firstname.lastname@example.org.
Lori Senecal, Co-interim CEO Hill Street Beverage Company Inc., email@example.com.
Follow Hill Street on Twitter https://twitter.com/HillStreetBevCo
and on Facebook https://www.facebook.com/hillstreetbeverageco
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