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Glass Lewis Recommends Australis Shareholders Vote Using Only the Blue Proxy for all Australis Director Nominees
Glass Lewis Recommends Australis Shareholders Vote Using Only the Blue Proxy for all Australis Director Nominees.
About this update from Australis Capital Inc.
[{"type":"text","content":"\n\n\n\nGlass Lewis Recommends Australis Shareholders Vote Using Only the Blue Proxy for all Australis Director Nominees\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\nGlass Lewis Recommends Australis Shareholders Vote Using Only the Blue Proxy for all Australis Director Nominees\nPR Newswire\nLAS VEGAS, Nov. 11, 2020\n\n\n\nNotes Dissidents have failed to make a compelling case for change, Express concern that Dissidents may be seeking control of Australis for self-serving purposes 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, Nov. 11, 2020 /PRNewswire/ - Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) (\"AUSA\" or the \"Company\") announced today that Glass, Lewis & Co., LLC (\"Glass Lewis\"), a leading independent international corporate governance analysis and proxy advisory firm, has recommended that its clients vote FOR all Australis Director nominees using only the BLUE proxy at the upcoming Annual General and Special Meeting of Shareholders (the \"Meeting\"). This is the second recommendation that shareholders vote using on the BLUE proxy, following a similar recommendation from Institutional Shareholder Services (\"ISS\") last week.\n\n \n \n \n \n \n \n\n \nGlass Lewis made its recommendation after reviewing the arguments made by a group of dissident shareholders led by Terry Booth, Roger Sykes, Jason Dyck and others with deep connections to Aurora Cannabis Inc. (collectively, the \"Dissidents\"), and contrasting it with disclosure from AUSA. After carefully considering the outcome that is in the best interests of the Australis Capital shareholders, Glass Lewis recommended that its clients vote FOR all Australis Director nominees using only the BLUE proxy, and noted the following:\nOverall, we do not believe the Dissident has presented a credible and ...