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Leading Independent Proxy Advisor Institutional Shareholder Services Recommends Australis Shareholders Vote Using Only the BLUE Proxy
Leading Independent Proxy Advisor Institutional Shareholder Services Recommends Australis Shareholders Vote Using Only the BLUE Proxy.
About this update from Australis Capital Inc.
[{"type":"text","content":"\n\n\n\nLeading Independent Proxy Advisor Institutional Shareholder Services Recommends Australis Shareholders Vote Using Only the BLUE Proxy\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.prnml40{\nMARGIN-LEFT:3.33em\n}\n\n\n\n\n\n\nLeading Independent Proxy Advisor Institutional Shareholder Services Recommends Australis Shareholders Vote Using Only the BLUE Proxy\nCanada NewsWire\nLAS VEGAS, Nev., Nov. 6, 2020\n\n\n\nNotes Dissidents have Failed to make a Compelling Case for Change, that the Board has addressed some of the Dissident Concerns and that new CEO, Harry DeMott, should be given the opportunity to drive the Company's turnaroundMomentum continues to build in support of the Australis' Director NomineesShareholders 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, Nev., Nov. 6, 2020 /CNW/ - Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) (\"AUSA\" or the \"Company\") announced today that Institutional Shareholder Services Inc. (\"ISS\"), a leading independent international corporate governance analysis and proxy advisory firm, has recommended that its clients vote using only the BLUE proxy at the upcoming Annual General and Special Meeting of Shareholders (the \"Meeting\"). \n\n \n \n \n \n \n \n\n \nISS 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 Australis. After carefully considering the outcome that is in the best interests of the Australis Capital shareholders, ISS recommended that its clients vote the BLUE proxy, and noted the following:\nOn the Dissident attempt to seize control of the Board:\n\"The dissident has failed to make a compelling case th...