Ceres Global Ag Corp. ("Ceres" or the "Corporation") (TSX: CRP) today announced that at the special meeting of shareholders held earlier today (the "Meeting"), holders ("Shareholders") of common shares in the capital of the Corporation (the "Shares") voted overwhelmingly in favour of the special resolution (the "Arrangement Resolution") approving the previously announced statutory plan of arrangement pursuant to which 1001239530 Ontario Inc., a newly formed entity controlled by Bartlett Grain Company, LLC, will acquire all of the issued and outstanding Shares for a price of US$4.50 per Share, in cash (the "Transaction"). Further details regarding the Transaction are provided in the management information circular of the Corporation dated May 30, 2025 mailed to Shareholders in connection with the Transaction, a copy of which is available under Ceres' profile on SEDAR+ at www.sedarplus.ca.
In order to be passed, the Arrangement Resolution required the approval of at least two-thirds of the votes cast at the Meeting by Shareholders present virtually or represented by proxy and entitled to vote at the Meeting.
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