MONTREAL, Jan. 26,
2022 /CNW/ - The Good Shroom Co Inc. (the
"Corporation" or "TGSC") (TSXV: MUSH),
announces that shareholders have approved all of the
resolutions brought before them at the Annual General Meeting of
Shareholders held on January 25,
2022. A total of 20,462,207 shares were represented in
person or by proxy at the meeting, representing 42.08% of the
Corporation's outstanding shares.
The following Board members stood for re-election and were duly
re-elected: Eric Ronsse,
Stephanus Rossouw, Frank Aton, Claude
Dufresne and Steve Saviuk,
with each, 100% of the votes cast in support of the nomination.
These directors will hold office until the next annual meeting or
until their successors are elected or appointed or a director
vacates office in accordance with the by-laws of TGSC.
Raymond Chabot Grant Thornton
(RCGT) was reappointed as the external auditor of TGSC and will
hold office until the next annual meeting at such remuneration as
may be determined by the directors with 100% of the votes cast
supporting the appointment of the auditor.
Shareholders also voted 99.6% in favor to approve TGSC's stock
option plan, through which the total number of common shares
reserved for issuance as incentive stock options granted shall not
exceed 10% of the total issued and outstanding common shares.
The Corporation also announces it has granted an aggregate of
1,300,000 share purchase options having each an exercise price of
$0.10, to the directors and officers
of the Corporation. Half of the options granted vest immediately
and the balance will vest January 25,
2023. The options issued will expire on January 25, 2029.
About the Company
The Good Shroom Co. operates a portfolio of brands that include
cannabis beverages, hash and functional beverage products. Its aim
is to promote the use of functional ingredients such as probiotics
and functional mushrooms in consumer products. Its Teonan line
consists of beverages that, first and foremost, are high quality
and tasty, but also contain a dose of functional mushrooms and
probiotics. We all have a daily routine, be it coffee, tea or
something else. Why not make that routine functional, for body and
mind, by adding probiotics and mushrooms? Up to now, no company has
been able to maintain a familiar taste at a fair price while making
these drinks truly functional. The Good Shroom Co. has filled that
gap and intends to make its brands household names as part of its
customers' daily routine. www.thegoodshroom.co
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the Exchange)
accepts responsibility for the adequacy or accuracy of this
release.
SOURCE The Good Shroom Co Inc.
