Agra Ventures Announces Results of its Annual General & Special Meeting

VANCOUVER, British Columbia, July 21, 2023 (GLOBE NEWSWIRE) -- Agra Ventures Ltd. (“AGRA” or the “Company”) (CSE: AGRA) (OTCPK: AGFAF), a company focused on the cannabis industry, is pleased to provide the voting results from its Annual General & Special Meeting ("AGSM") that was held today in Vancouver, British Columbia. A total of 43,331,793 common shares of the Company were voted, representing 27.09% of AGRA’s outstanding shares. Shareholders voted in favour of all applicable items of business set before the meeting, as follows:

	Percentage of Votes Cast
Number of Directors	% For	% Against
Number of Directors to be set at four (4)	96.74%	3.26%
Election of directors	% For	% of Votes Withheld
Nick Kuzyk	91.84%	8.16%
Fiona Fitzmaurice	91.17%	8.83%
Anthony Carnevale	90.99%	9.01%
Jonathan Hirsh	91.31%	8.69%
Appointment of Auditor	% For	% of Votes Withheld
To appoint Baker Tilly LLP, Chartered Accountants as auditor of the Company for the ensuing year and to authorize the directors to fix their remuneration.	88.33%	11.67%
Approval of Stock Option Plan	% For	% Against
To consider and, if deemed appropriate, to pass an ordinary resolution of shareholders approving the Company’s stock option plan as more particularly described in the accompanying Information Circular dated June 16, 2023 (the “Information Circular”).	87.70%	12.30%
Approve Restricted Share Unit Plan	% For	% Against
To consider and, if deemed appropriate, to pass an ordinary resolution of shareholders approving the Company’s restricted share unit plan, as more particularly described in the accompanying Information Circular.	87.88%	12.12%
Approval of consolidation	For	Against
To consider and, if deemed appropriate, to pass an ordinary resolution of Shareholders approving the consolidation of the Company’s issued and outstanding common shares (the “Common Shares”) on the basis of one (1) new post-consolidation Common Share for every twenty-five (25) currently outstanding Common Shares, as more particularly described in the accompanying Information Circular.	72.75%	27.25%

Nick Kuzyk, Fiona Fitzmaurice, Anthony Carnevale, and Jonathan Hirsh were all re-elected to the Board of Directors at the AGSM.