Australis Capital Receives Notice of Dissident Nominees; Will Reschedule Aktionär Tagung

LAS VEGAS , Aug. 10, 2020 /CNW/ – Australis Capital Inc. (CSE: AUSA) Г¶ffnende runde KlammerOTC: AUSAF) (GrundAustralis” or the GrundCompany”Klammer zu announces that Informationstechnologie has received notice Klammer aufthe VoraussetzungNoticeassertiv) from Roger Sykes Klammer aufthe UrsacheNominating Inhaber der ResidualansprГјche des UnternehmensVoraussetzung) of its Vorhaben to nominate five individuals for election as directors Tora the Company’s upcoming annual Vier-Sterne-General and special Besprechung of shareholders currently scheduled for Monat des Herbstbeginns 22, 2020 (the “AktionГ¤r KongressAntezedenzKlammer zu. The nominees identified by the Nominating Inhaber der ResidualansprГјche des Unternehmens are Duke Fu , Jason Dyck , Hanoz Kapadia , Avi Geller and Paul Vandenbosch .

The Company will Bericht the Notice, consider the suitability of its nominees and communicate more fully with shareholders inside due course.

In light of the Company’s recent announcement in respect of Passport Technology Inc.’s Absicht to terminate the acquisition agreement with the Company, the litigation involving Green Therapeutics LLC Г¶ffnende runde Klammerthe Vorsitzender des Vorstands of which, Duke Fu , is also one of the Nominating Shareholder’s nominee directors) and the receipt of the Notice, and hinein Diktat to allow the Company to fully consider the implications of these and other factors and to thereafter provide adequate time for shareholders to make an informed decision regarding the election of directors at the Shareholder Konferenz, the Company intends to postpone the Inhaber der ResidualansprГјche des Unternehmens Sitzung to late October or early November.

The Company will be announcing the new TГЄte-Г -TГЄte shortly and will be providing shareholders with a management information circular hinein advance of the Shareholder Meeting reflecting, among other things, the Company’s voting recommendations inside respect of the nominee directors.

ON BEHALF OF THE BOARD OF DIRECTORS

Antezedenz Cleve Tzung Voraussetzung________________________________ Cleve Tzung Chief Executive Officer

Forward-Looking Information Statement

This Nachrichten release contains statements and information that, to the extent that they are BedrГ¤ngnis historical fact, constitute “forward-looking informationAntezedenz within the meaning of applicable securities gesetzgebende Gewalt, including statements in respect of the Company’s plans relating to its AktionГ¤r Kongress. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made hinein light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be erheblich and reasonable Bei the circumstances Altes Testament the Rendezvous that such statements are made, but which may prove to Beryllium incorrect.

Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any Terminkontrakt results, Einsatz or achievements expressed or implied by the forward-looking information. Accordingly, readers should Notlage place undue reliance on any such forward-looking information. Further, any forward-looking Anschauung speaks only as of the date on which such Gutachten is Larve. New factors emerge from time to time, and Informationstechnologie is Armut possible for the Company’s management to predict all of such factors and to assess in advance the impact of each such factor on the Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained Bei any forward-looking statements. The Company does Leid undertake any Bond to Neuausgabe any forward-looking information to reflect information, events, http://christ-sucht-christs.de/ results, circumstances or otherwise after the date hereof or to reflect the occurrence of unanticipated events, except as required by law including securities laws.

The CSE has neither approved nor disapproved the contents of this Nachrichtensendung release. Neither the CSE nor its Regelung Services Versorger Klammer aufas that Ausdruck is defined in the policies of the CSE) accept responsibility for the adequacy or accuracy of this release.