Cannasouth Announces Watershed Meeting

Cannasouth Limited (NZX:CBD) announces that the watershed meeting is set down for 10:00am on Friday, 7 June 2024. The watershed meeting will only be attended by the creditors (and not shareholders) of Cannasouth Limited.

A group of investors have proposed that Cannasouth Limited and some of its subsidiaries enter into a deed of company arrangement. The proposed deed of company arrangement will be discussed at the watershed meeting.

The Administrators have released a report pursuant to section 239AU of the Companies Act 1993 which considers the proposed deed of company arrangement (which can be retrieved from the Administrators’ website).


-ENDS-

For further information visit www.cannasouth.co.nz or contact:

Garry Whimp
Administrator, Blacklock Rose Ltd
Email: [email protected]
Mobile: 021 587 230

Ben Francis
Administrator, Blacklock Rose Ltd
Email: [email protected]
Mobile: 021 042 6991

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Announcement PDF