September 17, 2018

Australis Enters Letter of Intent to Purchase Shares of Wagner Dimas Inc.

Australis Capital Inc. is pleased to announce the Company has entered into a non-binding letter of intent to purchase a 15% equity interest (the "Share Purchase") in the capital of Wagner Dimas Inc. from Cannroy Delware Inc., the current registered and beneficial owner of such interest, and a wholly-owned subsidiary of Cannaroyalty Corp.