Concerned Australis Shareholders Outline Strategy to Grow Core Cannabis Business and Preserve Shareholder Value

   Concerned Australis Shareholders Outline Strategy to Grow Core Cannabis
                   Business and Preserve Shareholder Value

  Canada NewsWire

  TORONTO, Sept. 24, 2020

  * Australis shareholders who are supportive of Board change are encouraged
    to contact Laurel Hill Advisory Group at 1-877-452-7184, or
    assistance@laurelhill.com  to register their support.

TORONTO, Sept. 24, 2020 /CNW/ - Terry Booth, Lola Ventures Inc., Roger Sykes,
1703469 Alberta Ltd., Duke Fu, Green Therapeutics LLC and Jason Dyck (the "
Concerned Shareholders ") each of whom is a shareholder of Australis Capital
Inc. (" A ustralis " or the " Company ") (CSE: AUSA) are pleased to outline
their strategy to return Australis to its cannabis roots and preserve
shareholder value. 

The mandate of Australis has always been the pursuit of cannabis opportunities
in the United States. However, Australis has lost its way under the misguided
stewardship of the current board of directors (the " Incumbent Board ") and
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