Avant Brands Announces Voting Results from Its 2026 Annual General and Special Meeting of Shareholders
Rhea-AI Summary
Avant Brands (OTCQX:AVTBF) reported results from its May 4, 2026 annual general and special meeting. A total of 4,135,344 common shares were represented, equal to 27.85% of issued shares. All five director nominees were elected with 97.84% votes FOR each.
Ernst & Young LLP was re-appointed auditor and the Company's shareholder rights plan was approved. Full voting details were filed on SEDAR+.
Positive
- Five director nominees each received 97.84% FOR votes
- 4,135,344 shares represented at the meeting (27.85% turnout)
- Ernst & Young LLP re-appointed as auditor
- Company's shareholder rights plan approved
Negative
- Low shareholder participation: only 27.85% of outstanding shares represented
News Market Reaction – AVTBF
In the May 5 session, AVTBF gained 1.76%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
KELOWNA, BC / ACCESS Newswire / May 4, 2026 / Avant Brands Inc. (TSX:AVNT)(OTCQX:AVTBF)(FRA:1BU) ("Avant" or the "Company"), is pleased to announce the voting results from its annual general and special meeting (the "Meeting") of the shareholders of the Company (the "Shareholders") held on May 4, 2026.
A total of 4,135,344 common shares were represented in person or by proxy at the Meeting, representing
The complete voting results from the Meeting are as follows:
1. Election of Directors
Each of the five nominees listed in the management information circular of the Company dated March 25, 2026 were elected to hold office until the next annual meeting of Shareholders or until their successors are duly elected or appointed. Proxies were tabulated as follows:
Name of Nominee | Votes FOR | % Votes FOR | Votes WITHHELD | % Votes WITHHELD |
Jurgen Schreiber | 3,959,114 | 87,413 | ||
Norton Singhavon | 3,959,114 | 87,413 | ||
Derek Sanders | 3,959,114 | 87,413 | ||
Tyson Macdonald | 3,959,114 | 87,413 |
2. Re-Appointment of Auditor
Ernst & Young LLP, Chartered Professional Accountants were re-appointed as auditor of the Company for the ensuing year at a remuneration to be fixed by the Company's board of directors.
3. ShareholderRights Plan
The Company's shareholder rights plan was approved.
The results on all matters voted at the Meeting are reported in the Report of Voting Results, filed on SEDAR+ under the Company's profile at www.sedarplus.com.
About Avant Brands Inc.
Avant Brands Inc. (TSX:AVNT)(OTCQX:AVTBF)(FRA:1BU) is a leading innovator in premium cannabis products, driven by a commitment to exceptional quality and craftsmanship. As one of Canada's largest indoor producers, the company operates multiple production facilities across the country, cultivating unique and high-quality cannabis strains.
Avant offers a diverse product portfolio catering to recreational, medical, and export markets. Its renowned consumer brands, including blk mkt™, Tenzo™, Cognōscente™, flowr™, and Treehugger™, are available in key recreational markets across Canada. The company's international footprint spans Australia, Israel, and Germany, with its flagship brand blk mkt™ leading the way. Avant also serves qualified medical patients nationwide through its Avant medical cannabis brand, accessible via the Avant Medical portal and trusted partner network.
Avant is a publicly traded company, listed on the Toronto Stock Exchange (TSX) and accessible to international investors through the OTCQX Best Market (OTCQX) and Frankfurt Stock Exchange (FRA). Headquartered in Kelowna, British Columbia, the company operates in strategic locations throughout Canada.
Investor Relations:
For inquiries, please contact Investor Relations at:
Avant Brands Inc.
1-800-351-6358
ir@avantbrands.ca
Neither TSX nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.
Learn More:
For more information about Avant, including investor presentations and details about its consumer brands, please visit the company website: www.avantbrands.ca
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:
Certain statements contained in this press release constitute forward-looking information and forward-looking statements within the meaning of applicable Canadian securities legislation (collectively, "forward-looking statements"). All statements other than statements of historical fact are forward-looking statements. The use of any of the words "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements.
Forward-looking statements are based on current expectations, estimates, forecasts, and projections. They are not guarantees of future performance and involve inherent risks, uncertainties, and assumptions that are difficult to predict. Actual results, performance, or achievements could differ materially from those expressed or implied by these forward-looking statements. Such risks and uncertainties include, but are not limited to: the risk that the TSX may not approve the Transaction on the terms proposed or at all; the risk that the closing conditions for the Transaction may not be satisfied within the expected timeframe or at all; fluctuations in the market price of the Company's common shares; the risk that the Warrants may expire unexercised; general economic and financial market conditions; and those additional risk factors detailed in the Company's most recent Annual Information Form and Management's Discussion and Analysis, filed under the Company's profile on SEDAR+ at www.sedarplus.ca.
The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as strictly required by applicable securities law.
SOURCE: Avant Brands Inc.
View the original press release on ACCESS Newswire