Entegris-Entourage Health Corp. Announces Shareholder Approval of Going-Private Transaction

Core Points - Entourage Health Corp. has received shareholder approval for a plan of arrangement involving the acquisition of all common shares by 1001095275 Ontario Inc. for cash consideration of $0.005 per share [1][2] - The special resolution for the arrangement was approved by 95.647% of votes cast by shareholders present or represented by proxy, and 90.477% excluding the Purchaser and Guarantor [3] - The arrangement is expected to be effective around March 31, 2025, pending a final order from the Ontario Superior Court of Justice and other customary closing conditions [4] Company Overview - Entourage Health Corp. is a publicly traded parent company of Entourage Brands Corp., which produces and distributes cannabis products for medical and adult-use markets [7] - The company operates a fully licensed processing facility in Aylmer, Ontario, covering 26,000 square feet [7] - Entourage has a multi-channel distribution strategy, including partnerships with LiUNA, the largest construction union in Canada, and offers a range of cannabis brands [7] Additional Information - Registered shareholders must submit a Letter of Transmittal and share certificates to TSX Trust Company to receive cash consideration after the arrangement closes [5] - More details about the arrangement can be found in the management information circular dated February 10, 2025, available on SEDAR+ [6] - The LiUNA Pension Fund of Central and Eastern Canada, involved in the arrangement, is one of the fastest-growing multi-employer pension funds in Canada with over$ 12 billion in assets [9]