Business
Australis Capital Files Proxy Materials and Sends Letter to Shareholders
Australis Capital Files Proxy Materials and Sends Letter to Shareholders.
About this update from Australis Capital Inc.
[{"type":"text","content":"\n\n\n\nAustralis Capital Files Proxy Materials and Sends Letter to Shareholders\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nAustralis Capital Files Proxy Materials and Sends Letter to Shareholders\nCanada NewsWire\nLAS VEGAS, Oct. 13, 2020\n\n\n\nMaterials Highlight Management's Strategic Value Creation Plan and Compelling Upside for the Company if Australis' Director Slate is Elected Warns Shareholders that Dissidents Seek Control of the Company, Have a Concerning Growth Plan and History of Self-Enrichment Shareholders Urged to Vote for Australis' Director Nominees Using Only the BLUE Proxy Card well in advance of the November 13, 2020 11:30 a.m. Mountain Time deadline Contact the Company's proxy solicitor, Gryphon Advisors Inc. at 1-833-490-0586 or by email at [email protected] for more information or assistance voting the BLUE proxy LAS VEGAS, Oct. 13, 2020 /CNW/ - Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) (\"AUSA\" or the \"Company\") announces the filing of its Proxy Circular and an accompanying  letter to shareholders related to the Annual General & Special Meeting scheduled on November 17, 2020. \n\n \n \n \n \n \n \n\n \nAUSA is at a crossroads and the outcome of the proxy contest will greatly affect the future of shareholders' investment in the Company. The Board of Directors unanimously recommend that shareholders vote FOR the Company's slate of qualified and experienced director nominees, including two new independent directors, using only the BLUE proxy. The letter to shareholders follows in its entirety: \nDear Fellow Australis Shareholders,\nYou face a very important decision regarding your investment in Australis Capital Inc. Your Company has committed to becoming a leading US cannabis company with a strategic plan that will deliver sustainable and growing value to all shareholders through a targeted \"Land and Expand\" approach to leveraging its existing flagship brands and emerging technology.\nIn laying the groundwork for the execution of that plan, we have taken decisive action to provide a clean break from our past and t...