01:40 PM EDT, 05/20/2025 (MT Newswires) -- Apollo Technology Capita, which describes itself as one of the largest shareholders of MediPharm Labs ( MEDIF ) , on Tuesday said it has filed an amended and restated information circular in connection with its intention to nominate six director candidates to MediPharm's ( MEDIF ) Board of Directors.

According to a statement, Apollo Capital believes a "wholesale" Board change at MediPharm Labs ( MEDIF ) is the only path forward, and that shareholders must act now. Apollo Capital also launched a campaign website detailing its "5-Pillar" plan to restore value to the company.

MediPharm Labs ( MEDIF ) was last seen down $0.005 to $0.085 on the Toronto Stock Exchange.