Cannabis

Hill Street Reports on AGM Voting Results

Published

3 years ago

March 31, 2021

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
	FOR	AGAINST	WITHHELD/ ABSTAIN	INTERESTED PARTY SHARES EXCLUDED⁽¹⁾	NON-VOTE	FOR	AGAINST	WITHHELD/ ABSTAIN
Election of Directors
Kevin Ruddle	44,222,706	0	4,455,195		1,761,704	90.85%	0.00%	9.15%
Jack Fraser	44,407,124	0	4,270,777		1,761,704	91.23%	0.00%	8.77%
Lori Senecal	43,998,409	0	4,679,492		1,761,704	90.39%	0.00%	9.61%
Craig Binkely	43,987,409	0	4,690,492		1,761,704	90.36%	0.00%	9.64%
Rudy Sawatzky	44,039,706	0	4,638,195		1,761,704	90.47%	0.00%	9.53%
Raymond Bisaillon	47,542,011	0	1,135,890		1,761,704	97.67%	0.00%	2.33%
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%

Note:
(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 DehydraTECH^TM 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., [email protected].

Lori Senecal, Co-interim CEO Hill Street Beverage Company Inc., [email protected].

Follow Hill Street on Twitter https://twitter.com/HillStreetBevCo

and on Facebook https://www.facebook.com/hillstreetbeverageco

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Not for dissemination in the United States.

Corporate Logo