KELOWNA, BC — January 9, 2026 — Leads & Copy — Avant Brands Inc. (TSX:AVNT)(OTCQX:AVTBF)(FRA:1BU0) has announced its board of directors has approved the adoption of a shareholder rights plan.
According to a press release, the Shareholder Rights Plan was entered into with Computershare Investor Services Inc., as rights agent, dated and effective January 9, 2026.
The Shareholder Rights Plan aims to provide the Board and shareholders with adequate time to consider any unsolicited take-over bid, identify and negotiate value-enhancing alternatives, and encourage potential bidders to treat Avant’s shareholders fairly and provide them with full and fair value for their shares.
Avant said the Shareholder Rights Plan is similar to modern rights plans adopted by other Canadian public companies and ratified by their shareholders, and it was not adopted in response to any specific proposal or intention to acquire control of the Company.
The Toronto Stock Exchange (the “TSX”) has conditionally accepted the Shareholder Rights Plan, subject to customary conditions, including ratification by Avant’s shareholders at its annual general meeting of shareholders (the “Meeting”), to be held in May 2026. If ratified, the Shareholder Rights Plan will remain in effect for three years following such ratification.
A copy of the Shareholder Rights Plan will be available under Avant’s profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at www.avantbrands.ca.
Avant Brands Inc. is a leading innovator in premium cannabis products, operating multiple production facilities across Canada and cultivating unique and high-quality cannabis strains. The company offers a diverse product portfolio catering to recreational, medical, and export markets.
Avant’s consumer brands include blk mkt™, Tenzo™, Cognōscente™, flowr™, and Treehugger™, and are available in key recreational markets across Canada. The company’s international footprint spans Australia, Israel, and Germany, with its flagship brand blk mkt™ leading the way. Avant also serves qualified medical patients nationwide through its GreenTec™ medical cannabis brand.
Avant is a publicly traded company, listed on the Toronto Stock Exchange (TSX) and accessible to international investors through the OTCQX Best Market (OTCQX) and Frankfurt Stock Exchange (FRA). Headquartered in Kelowna, British Columbia, the company operates in strategic locations throughout Canada.
For investor inquiries, contact Avant Brands Investor Relations at 1-800-351-6358 or ir@avantbrands.ca.
Source: Avant Brands Inc.
