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Australis Capital Inc
Symbol AUSA
Shares Issued 113,149,755
Close 2019-06-03 C$ 1.02
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Australis appoints Reuter as SVP of investor relations

2019-06-03 09:41 ET - News Release

Mr. Scott Dowty reports

AUSTRALIS CAPITAL EXPANDS MANAGEMENT TEAM TO SUPPORT STRATEGIC GROWTH

Australis Capital Inc. has appointed Brent Reuter as its senior vice-president of investor relations and strategy. In this newly created role, Mr. Reuter will focus on growth, partnership strategy and investor relations.

Mr. Reuter comes to Australis with deep experience driving new revenue growth and managing businesses in the banking and investment sectors, most recently as principal investor relations for Onex Corp., a private equity firm, vice-president of asset management for Canadian Imperial Bank of Commerce and as managing director at Royal Bank of Canada with roles in Hong Kong and New York. In these roles, he built high-value client and strategic partnerships, recruited and developed sales teams, and implemented and executed high-impact revenue coverage models.

"With deep international- and U.S.-based experience in capital markets, Brent brings Australis a business development and investor relations acumen that is truly exceptional," said Scott Dowty, chief executive officer of Australis. "I've been following Brent's career for almost two decades and his addition to our executive leadership, based in Toronto, will pay immediate dividends as he fosters strategic partner and investor relationships across North America."

"I'm thrilled to be joining Australis at this exciting time," said Mr. Reuter. "The opportunity for the company, given its strategic affiliation with Aurora, the experience and depth of the management team, and the opportunity the industry presents is very compelling. I've worked with members of Australis's executive team in the past and look forward to contributing to the growth of Australis."

Mr. Reuter will be awarded 600,000 stock options and 150,000 restricted stock units, both of which will vest over a three-year period.

About Australis Capital Inc.

A spinout of Aurora Cannabis in September, 2018, Australis identifies and invests in the cannabis industry predominantly in the United States, a highly regulated, fragmented, rapidly expanding and evolving industry. Investments may include, but are not limited to, equity, debt or other securities of both public and private companies, financings in exchange for royalties or other distribution streams, and control stake acquisitions. Australis adheres to stringent investment criteria and focuses on significant near and midterm high-quality opportunities with strong return potentials, while maintaining a steadfast commitment to governance and community.

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