Ceapro Announces Results of 2021 Shareholders’ Meeting

EDMONTON, Alberta, June 01, 2021 (GLOBE NEWSWIRE) — Ceapro Inc. (TSX-V: CZO; OTCQX: CRPOF) (“Ceapro” or the “Company”), a growth-stage biotechnology company focused on the development and commercialization of active ingredients for healthcare and cosmetic industries, announced today that all proposed Directors were elected to serve for a one-year term at its Annual General and Special Meeting of Shareholders held on May 26, 2021 as per the following results: NomineeVotes forVotes withheld% of votes cast    FORWITHELD Glenn Rourke13,258,83511,591,77853.35%46.65% Donald J. Oborowsky13,411,26611,439,34753.97%46.03% John Zupancic21,174,5723,676,04185.21%14.79% Gilles Gagnon20,098,7674,751,84680.88%19.12% Dr. William Li21,576,3173,274,29686.82%13.18% Dr. Ulrich Kosciessa23,611,8001,238,81395.01%4.99%  All other matters at the Shareholders’ meeting, namely the appointment of auditors and the re-approval and ratification of the Company’s Stock Option Plan, as proposed in the Company’s information circular dated April 7, 2021, were also approved by shareholders.About Ceapro Inc. Ceapro Inc. is a Canadian biotechnology company involved in the development of proprietary extraction technology and the application of this technology to the production of extracts and “active ingredients” from oats and other renewable plant resources. Ceapro adds further value to its extracts by supporting their use in cosmeceutical, nutraceutical, and therapeutics products for humans and animals. The Company has a broad range of expertise in natural product chemistry, microbiology, biochemistry, immunology and process engineering. These skills merge in the fields of active ingredients, biopharmaceuticals and drug-delivery solutions. For more information on Ceapro, please visit the Company’s website at www.ceapro.com. For more information contact: Jenene ThomasJTC Team, LLCInvestor Relations and Corporate Communications AdvisorT (US): +1 (833) 475-8247E: [email protected] Issuer: Gilles R. Gagnon, M.Sc., MBAPresident & CEOT: 780-421-4555 Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release