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Posted by
Two Blokes Jun 16 -
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Stock
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Toronto, Ontario--(Newsfile Corp. - June 16, 2025) - 1CM Inc. (CSE: EPIC) (OTCQB: MILFF) (FSE: IQ70) ("1CM" or the "Company") is pleased to announce the results of its annual and special meeting (the "Meeting") of its shareholders (the "Shareholders"). At the Meeting, the Shareholders approved all resolutions placed before them by management as set out in the Company's management information circular dated May 12, 2025, including: (i) the election of Tanvi Bhandari, Lucas Leone and Rupalee Mehta as directors of the Company; (ii) the re-appointment of Clearhouse LLP as auditor of the Company; (iii) the re-approval of the Company's stock option plan; (iv) the ratification of certain past acts by the Company; (v) the previously announced plan of arrangement pursuant to which, among other things, SNDL Inc. will acquire 32 cannabis retail stores operating under the Cost Cannabis and T Cannabis banners in Ontario, Alberta and Saskatchewan (the "Arrangement"); and (vi) the return of capital to Shareholders, which 1CM intends to complete with a portion of the proceeds from the Arrangement (the "Return of Capital").
