SPROUT AI ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING

Sprout AI Inc. (CSE:BYFM)

VANCOUVER, BRITISH COLUMBIA, CANADA, June 6, 2025 /EINPresswire.com/ -- Sprout AI Inc. ("Sprout" or the "Company") (CSE: BYFM) is pleased to announce the results of its Annual General Meeting of Shareholders (the “Meeting”) held on May 30, 2025, in Vancouver, British Columbia.

Appointment of Auditors
At the Meeting, shareholders approved the appointment of Segal LLP, Chartered Accountants, as the auditors of the Company for the fiscal year ending January 31, 2026. The directors were also authorized to fix the auditors’ remuneration.

Election of Directors
Shareholders approved the setting of the number of directors at six (6) and elected the following individuals to the Company’s Board of Directors:

● Christopher Bolton, Chairman
● Doug Connell
● Kevin Delano
● Brian Nolan
● Jaikishin Aswani
● Calie-Anne Bolton, Secretary

Annual Financial Statements
The Company’s Audit Sub-Committee approved the annual financial statements on June 4, 2025. Sprout AI will proceed with filing its audited financial statements for the fiscal year ended January 31, 2024, on SEDARPLUS.ca.

CEO Commentary on Strategic Transformation
Chris Bolton, CEO of Sprout AI, stated:
“2024 marked a transformative year for Sprout AI. We expanded our crop portfolio to include fruits, vegetables, and mushrooms; relocated our head office and showroom for better access by international guests and local vendors; and secured majority shareholder support to finalize our amalgamation with TheraCann International Benchmark Corp.

We’ve confirmed through independent assessment that our urban vertical farming technology offers distinct competitive advantages, and we are now ready to scale commercially. The leadership team has been strengthened with the appointments of Pedro Silva as CFO and Shawn Kelly as CRO, positioning us for aggressive growth as we prepare to operate as Beyond Farming Inc. post-amalgamation.

The amalgamation is expected to close by the end of June, with a target for resumption of public trading under the ticker BYFM on the Canadian Securities Exchange (CSE) by mid-July 2025. This milestone will unlock significant synergies and establish us as a vertically integrated leader in controlled environment agriculture.

I look forward to collaborating closely with our new directors and management team to complete the amalgamation, launch new commercial operations, and reinforce our commitment to revolutionizing sustainable, urban agriculture.”
About Sprout AI Inc.

Sprout AI is a technology company engaged in the planning, design, manufacturing, and assembly of AI-controlled vertical cultivation equipment for global urban farming. Its adaptive technology creates ideal growing environments with automated monitoring and early risk detection, enabling consistent, high-yield crops with shortened cultivation cycles—regardless of climate. Sprout’s modular multi-level rolling racks increase cubic production capacity while minimizing the risk of contamination.

For further information, please visit www.sproutai.solutions or follow us on social media.
Media Contact:
Chris Bolton
Chief Executive Officer
E-mail: cbolton@sproutai.solutions | cbolton@beyondfarming.com
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Forward-Looking Information
This news release contains forward-looking statements regarding, among other things:
1. The completion and timing of the planned amalgamation with TheraCann International Benchmark Corp.
2. Realization of synergies positioning Sprout AI as a vertically integrated leader in controlled environment agriculture
3. Execution of commercial expansion plans
4. Strategic market entry and partnership development
5. Creation of a post-amalgamation research and development division
6. Strengthening of customer relationships and supply chain capabilities
7. Integration of leadership, technology, and resources from the amalgamation

Forward-looking statements are based on assumptions including successful regulatory approvals, market conditions, access to capital, and effective execution of strategic plans. Risks include failure to close the amalgamation, financing delays, market disruptions, regulatory changes, or loss of key personnel. The Company disclaims any intent or obligation to update forward-looking statements, except as required by law.

Investor Relations:
Colleen McKay
Sprout AI Inc. / Sprout AI S.A.
+507 320-5092
cmckay@sproutai.solutions | cmckay@beyondfarming.com
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Colleen McKay
Sprout AI Inc. / Sprout AI S.A.
507 320-5092
cmckay@beyondfarming.com
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