Body and Mind acquisition shareholder approval Received the following shareholder e-mail from DEP:
On September 18, 2017, the Company announced that it had entered into a definitive share exchange agreement pursuant to which the Company, through its wholly owned subsidiary DEP Nevada Inc., would acquire all of the issued and outstanding membership units of Nevada Medical Group LLC, a Nevada limited liability company that operates in the medical marijuana space (the “Acquisition”).
The Canadian Securities Exchange (the “CSE”) recently informed the Company that it is prepared to issue a conditional approval letter with respect to the Acquisition early next week. In connection with that, the CSE authorized the Company to begin circulating the shareholder resolutions required to complete the Acquisition (the “Closing”).
Attached are those shareholder resolutions and the Company’s draft listing statement for your review, the latter being in substantially final form. As a condition of Closing, a majority of the Company’s common shares must be voted in favour of the resolutions. The Closing is expected to occur on or about November 10, 2017 and we are therefore requesting that you review, sign and return the executed resolutions by replying to this email at your earliest convenience.