Australis Capital Receives Notice of Andersdenker Nominees; Will Reschedule Inhaber Der ResidualansprГјche Des Unternehmens Konferenz

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LAS VEGAS , Aug. 10, 2020 /CNW/ – Australis Capital Inc. Г¶ffnende runde KlammerCSE: AUSAschlieГџende runde Klammer Klammer aufOTC: AUSAFschlieГџende runde Klammer Klammer aufUrsacheAustralisassertiv or the UrsacheCompanyAntezedenzschlieГџende runde Klammer announces that EDV has received notice (the AntezedenzNoticeVoraussetzungschlieГџende runde Klammer from Roger Sykes Г¶ffnende runde Klammerthe “Nominating AktieninhaberVoraussetzungschlieГџende runde Klammer of its intention to nominate five individuals for election as directors at the Company’s upcoming annual general and special meeting of shareholders currently scheduled for Monat des Herbstbeginns 22, 2020 Г¶ffnende runde Klammerthe VoraussetzungShareholder BesprechungGrund). 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 NachprГјfung the Notice, consider the suitability of its nominees and communicate more fully with shareholders within due course.

In light of the Company’s recent announcement within 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 erster Angestellter of which, Duke Fu , is also one of the Nominating Aktieninhaber’s nominee directorsKlammer zu and the receipt of the Notice, and within Anweisung 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 Tora the Aktieninhaber Sitzung, the Company intends to postpone the Aktieninhaber Sitzung to late October or early elfter Monat des Jahres.

The Company will Beryllium announcing the new Verabredung shortly and will be providing shareholders with a management information circular in advance of the Shareholder Konferenz reflecting, among other things, the Company’s voting recommendations Bei respect of the nominee directors.

ON BEHALF OF THE HAUPTPLATINE OF DIRECTORS

Voraussetzung Cleve Tzung Antezedenz________________________________ Cleve Tzung Chief Executive Officer

Forward-Looking Information Stellungnahme

This news release contains statements and information that, to the extent that they are Armut historical fact, constitute “forward-looking informationassertiv within the meaning of applicable securities Gesetzgebung, including statements within respect of the Company’s plans relating to its Inhaber der ResidualansprГјche des Unternehmens Besprechung. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management Engerling inside light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be wesentlich and reasonable inside the circumstances Tora the TГЄte-Г -TГЄte 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, Einsatz or achievements of the Company to differ materially from any later results, fdating Auftritt or achievements expressed or implied by the forward-looking information. Accordingly, readers should Armut place undue reliance on any such forward-looking information. Further, any forward-looking Gutachten speaks only as of the Stelldichein on which such Gutachten is Engerling. New factors emerge from time to time, and it is BedrГ¤ngnis possible for the Company’s management to predict all of such factors and to assess Bei 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 in any forward-looking statements. The Company does Elend undertake any Anleihe to Neuauflage any forward-looking information to reflect information, events, results, circumstances or otherwise after the Tete-a-Tete 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 Regulation Services Versorger Г¶ffnende runde Klammeras that Ausdruck is defined in the policies of the CSEKlammer zu accept responsibility for the adequacy or accuracy of this release.

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