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Maple Leaf Green World Inc
Symbol MGW
Shares Issued 161,355,398
Close 2021-01-05 C$ 0.06
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Maple Leaf Green shareholders elect 6 directors at AGM

2021-01-06 12:02 ET - News Release

Subject: News Release Word Document File: '\\doc\emailin\20210106 082948 Attachment Press Release - 01-06-21 Maple Leaf Announces Results from Annual General Meeting.docx' Maple Leaf Green World Inc. Announces Results from Annual General Meeting FOR IMMEDIATE RELEASE Jan 6, 2021 CALGARY, ALBERTA - Maple Leaf Green World Inc. ("Maple Leaf" or the "Company") (NEO: MGW, OTCQB: MGWFF) announces the voting results from its annual general meeting of shareholders held on December 30, 2020 in Calgary, Alberta. A total of 14,390,586 common shares of Maple Leaf ("Common Shares") were represented at the meeting, being 8.929% of the Company's issued and outstanding Common Shares. Election of Directors The shareholders approved the election as directors of the persons listed below, based on the following vote. MOTIONS NUMBER OF SHARES PERCENTAGE OF VOTES CAST FOR AGAINST WITHHELD ABSTAIN FOR AGAINST WITHHELD ABSTAIN NO OF DIRECTORS 10,312,091 1,709,145 0 85.78 14.22 0.00 RAYMOND LAI 8,635,222 0 3,386,014 71.83 0.00 28.17 TERENCE LAM 8,742,219 0 3,279,017 72.72 0.00 27.28 JOE WONG 8,738,469 0 3,282,767 72.69 0.00 27.31 GREG MOLINE 8,877,913 0 3,143,323 73.85 0.00 26.15 NAJIBULLAH ALIZADA 7,868,621 0 4,152,615 65.46 0.00 34.54 DANIEL LARKIN 8,879,570 0 3,141,666 73.87 0.00 26.13 APPOINTMENT OF AUDITORS 14,216,426 0 166,470 98.84 0.00 1.16 Shareholders also approved the re-appointment of the Company's auditors, GEIB & COMPANY PC, Chartered Professional Accountants. For further information and updates regarding the Company, please visit https://www.mlgreenworld.com/. For updates regarding the California CBG Hemp Project, please visit https://www.gsgreenworld.com/. About Maple Leaf Green World Inc. Maple Leaf is a public Canadian company that focuses on the cannabis and hemp industry in North America. The Company currently has cannabis and hemp projects in British Columbia and California. With over 10 years of extensive greenhouse management experience, the Company applies its eco-agriculture knowledge and cultivation technology to produce contaminant-free cannabis products. Maple Leaf's long-term objective is to produce cannabis oil and to export its products to approved countries. The Company's common shares are listed for trading on the Aequitas NEO Exchange Inc. under the symbol "MGW" and on the OTCQB market under the symbol "MGWFF." Forward Looking and Cautionary Statements This news release may include forward-looking statements including opinions, assumptions, estimates, the Company's assessment of future plans and operations, and, more particularly, statements concerning: the Proposed Transaction and the timing thereof; When used in this document, the words "will," "anticipate," "believe," "estimate," "expect," "intent," "may," "project," "should," and similar expressions are intended to be among the statements that identify forward-looking statements. The forward-looking statements are founded on the basis of expectations and assumptions made by the Company that include, but are not limited to, the timely receipt of all required regulatory and third-party approvals, including approvals from NEO and from the shareholders of Maple Leaf. Forward-looking statements are subject to a wide range of risks and uncertainties, and although the Company believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will be realized. Any number of important factors could cause actual results to differ materially from those in the forward-looking statements including, but not limited to: regulatory and third party approvals, including approvals from NEO and from the shareholders of Maple Leaf, not being obtained in the manner or timing anticipated; the ability to implement corporate strategies; the state of domestic capital markets; the ability to obtain financing; changes in general market conditions; industry conditions and events; and other factors more fully described from time to time in the reports and filings made by the Company with securities regulatory authorities. Please refer to the Company's annual information form ("AIF") for the year ended December 31, 2018 and management's discussion and analysis ("MD&A") thereof for additional risk factors relating to the Company. The AIF and MD&A can be accessed under the Company's profile on www.sedar.com. Except as required by applicable laws, the Company does not undertake any obligation to publicly update or revise any forward-looking statements. For further information, please contact: Maple Leaf Green World Inc. Raymond Lai, Chairman, President & CEO +1(403) 452-4552 rlai@mlgreenworld.com Billy Bewcyk, V.P. for Business Development +1(403) 616-4877 wbewcyk@mlgreenworld.com

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