Sol Strategies Announces Fiscal Third Quarter 2025 Financial and Operating Results

Rhea-AI Summary

Auxly Cannabis Group (TSX: XLY) held its annual general and special meeting on June 30, 2025, with 28.23% shareholder participation representing 371,890,083 common shares. All proposed matters received majority approval from shareholders.

The meeting resulted in the successful election of all nominated directors with strong support: Genevieve Young (99.39%), Hugo Alves (99.36%), Troy Grant (99.43%), Vikram Bawa (99.30%), and Conrad Tate (99.41%). Shareholders also approved the reappointment of Ernst & Young LLP as the company's auditors for fiscal year 2025.

TORONTO, July 2, 2025 /PRNewswire/ - Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) ("Auxly" or the "Company") announced today the voting results from its annual general and special meeting of shareholders held on June 30, 2025 (the "Meeting").

A total of 371,890,083 common shares of the Company, representing 28.23% of the issued and outstanding common shares of the Company, were voted in connection with the Meeting by shareholders and proxy holders.

All of the matters put forward before the Company's shareholders for consideration and approval, as set out in the Company's information circular dated May 27, 2025 (the "Circular"), were approved by the requisite majority of the votes cast at the Meeting. The results are set out below.

Each of the directors listed as a nominee in the Circular was elected as a director of the Company at the Meeting. The detailed results of the vote for the election of directors held at the Meeting are set out below:

Name of Nominee	Votes cast FOR	% of votes cast FOR	Votes WITHHELD	% of votes WITHHELD
Genevieve Young	369,181,176	99.39 %	2,275,549	0.61 %
Hugo Alves	369,082,455	99.36 %	2,374,271	0.64 %
Troy Grant	369,333,945	99.43 %	2,122,781	0.57 %
Vikram Bawa	368,852,993	99.30 %	2,603,733	0.70 %
Conrad Tate	369,280,916	99.41 %	2,175,810	0.59 %

At the Meeting, Auxly shareholders approved the re-appointment of Ernst & Young LLP ("EY") as the Company's auditors for the 2025 fiscal year and authorized the board of directors to fix its remuneration.

A report of voting results on all resolutions voted on at the Meeting will be available on SEDAR at www.sedar.com.

To listen to a copy of the audio recording of the meeting, please click on the link below or visit the Company's website at www.auxly.com.

https://playback.eventpanel.app/recording.html?cdrID=X6862a3ac000075af&accountID=1237601674&recID=1&s=OXPLsZF5wCDN5G9SSXZBNQ_hCKI

ON BEHALF OF THE BOARD

"Hugo Alves" CEO

About Auxly Cannabis Group Inc. (TSX: XLY)

Auxly is a leading Canadian consumer packaged goods company in the cannabis products market, headquartered in Toronto, Canada. Our mission is to help consumers live happier lives through quality cannabis products that they trust and love.

Our vision is to be a global leader quality cannabis products.

Learn more at www.auxly.com and stay up to date at Twitter: @AuxlyGroup; Instagram: @auxlygroup; Facebook: @auxlygroup; LinkedIn: company/auxlygroup/.

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

View original content to download multimedia:https://www.prnewswire.com/news-releases/auxly-announces-results-of-annual-general-meeting-of-shareholders-302495440.html

SOURCE Auxly Cannabis Group Inc.

FAQ

What was the voter turnout at Auxly Cannabis Group's 2025 annual meeting?

The meeting had a 28.23% turnout, with 371,890,083 common shares voted.

Who are the newly elected board members of Auxly Cannabis (TSX: XLY) for 2025?

The elected directors are Genevieve Young, Hugo Alves, Troy Grant, Vikram Bawa, and Conrad Tate, all receiving over 99% approval.

What was the voting result for Hugo Alves as director of Auxly Cannabis?

Hugo Alves received 99.36% approval with 369,082,455 votes in favor and 2,374,271 votes withheld.

Who will be Auxly Cannabis Group's auditor for fiscal year 2025?

Shareholders approved the reappointment of Ernst & Young LLP (EY) as the company's auditors for fiscal year 2025.