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Liberty Announces Results of Voting at Special Meeting of Securityholders

TORONTO, Feb. 23, 2021 /PRNewswire/ -A Liberty Health Sciences Inc. (CSE: LHS) (OTCQX: LHSIF) www.libertyhealthsciences.com ("Liberty" or the "Company"), a provider of high-quality cannabis, is pleased to announce that at today's special meeting of the securityholders (the "Meeting"), holders of the common shares (the "Liberty Shareholders") and holders of options of Liberty (together with the Liberty Shareholders, the "Liberty Securityholders") approved the arrangement resolution (the "Arrangement Resolution") under which Ayr Wellness Inc. ("Ayr") will acquire all of the issued and outstanding shares (the "Liberty Shares") of Liberty in a transaction originally announced on December 22, 2020 (the "Arrangement").
Liberty Announces Results of Voting at Special Meeting of Securityholders
The Arrangement Resolution required and received approval by; (i) not less than two-thirds of the votes cast by the Liberty Shareholders present in person or represented by proxy at the Meeting; and (ii) not less than two-thirds of the votes cast by the Liberty Securityholders present in person or represented by proxy at the Meeting, voting together as if they were a single class.Completion of the Arrangement remains subject to, among other things, receipt of applicable CSE, regulatory and court approvals, and customary conditions of closing. Further information about the Arrangement is set forth in the materials prepared by Liberty in respect of the Meeting, copies of which are available under the Company's profile on SEDAR at www.sedar.comA A A  ."The Liberty Health Sciences Securityholders have shown their strong approval for completing the transaction with Ayr Wellness, Inc.," said George Gremse, Liberty's Interim Chief Executive Officer. "We shall now proceed to finalize the Arrangement as quickly as possible."
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