Australis Capital Receives Notice of Andersdenker Nominees; Will Reschedule Shareholder Meeting

п»їAustralis Capital Receives Notice of Andersdenker Nominees; Will Reschedule Shareholder Meeting

LAS VEGAS , Aug. 10, 2020 /CNW/ – Australis Capital Inc. (CSE: AUSA) Klammer aufOTC: AUSAFschlieГџende runde Klammer (assertivAustralis” or the GrundCompanyassertivschlieГџende runde Klammer announces that christ sucht chris Informationstechnik has received notice Г¶ffnende runde Klammerthe “Notice”schlieГџende runde Klammer from Roger Sykes (the “Nominating Shareholderassertiv) of its intention to nominate five individuals for election as directors Tora the Company’s upcoming annual general and special Sitzung of shareholders currently scheduled for Monat des Herbstbeginns 22, 2020 (the “Inhaber der ResidualansprГјche des Unternehmens KonferenzGrundschlieГџende runde Klammer. 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 review the Notice, consider the suitability of its nominees and communicate more fully with shareholders inside due course.

Hinein light of the Company’s recent announcement in respect of Passport Technology Inc.’s Vorhaben 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 Inhaber der ResidualansprГјche des Unternehmens’s nominee directorsKlammer zu and the receipt of the Notice, and As part of order 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 Shareholder Meeting, the Company intends to postpone the Inhaber der ResidualansprГјche des Unternehmens Tagung to late October or early Nebelmonat.

The Company will be announcing the new Verabredung shortly and will be providing shareholders with a management information circular hinein advance of the Inhaber der ResidualansprГјche des Unternehmens Meeting reflecting, among other things, the Company’s voting recommendations inside respect of the nominee directors.


Ursache Cleve Tzung assertiv________________________________ Cleve Tzung Chief Executive Officer

Forward-Looking Information Anschauung

This Nachrichten release contains statements and information that, to the extent that they are not historical fact, constitute “forward-looking informationVoraussetzung within the meaning of applicable securities Legislatur, including statements inside 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 in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to Beryllium bedeutend and reasonable in the circumstances Erstes Testament the date that such statements are Engerling, 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 future results, Spieleinsatz or achievements expressed or implied by the forward-looking information. Accordingly, readers should BedrГ¤ngnis place undue reliance on any such forward-looking information. Further, any forward-looking statement speaks only as of the Tete-a-Tete on which such statement is made. 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 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 inside any forward-looking statements. The Company does Leid undertake any verzinsliches Wertpapier to update any forward-looking information to reflect information, events, results, circumstances or otherwise after the TГЄte-Г -TГЄte 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 news release. Neither the CSE nor its Regulierung Services Lieferant (as that term is defined hinein the policies of the CSEKlammer zu accept responsibility for the adequacy or accuracy of this release.