Cannasouth announces that it has signed Deed of Company Arrangement
Cannasouth Limited (NZX:CBD) (subject to Deed of Company Arrangement) announces that, following the Watershed Meeting on 7 June 2024, it is now a party to, and has duly executed, the Deed of Company Arrangement with its subsidiaries, Cannasouth Cultivation Limited, Eqalis Pharmaceuticals Limited, Eqalis Innovations Limited, Eqalis Group New Zealand Limited and RestoreMe Clinic Limited (all subject to Deed of Company Arrangement).
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
Shareholders Association wants both sides to work it out.
The S&P/NZX 50 Index closed at 12,550.05, down 51.37 points or 0.41%.
The group, led by Rob Hewett, believes it has support from 35% of shareholders.
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