Australis Corporation Changes Name to Audacious Brands – Provides Corporate Update – KPVI News 6

Audacious Operationalizing Missouri – Completes Nevada Land Purchase – ALPS Continues to Lead the Way in ESG Projects

LAS VEGAS, June 22, 2021 /CNW/ – Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) (“AUSA” or the “Company”) today announced that the Company going forward will operate under the name Audacious Brands. The Company also provided a corporate update.

Name Change

The Company has decided to rename its operations focused on the U.S. adult use market to Audacious Brands (“Audacious” or the “Company”). The Company’s ticker symbol will remain AUSA on the CSE and AUSAF on the OTC. The Company will consolidate its brands under the new Audacious banner, as well intends to launch additional products lines under the new name. A full and official brand launch is anticipated in the coming months.

“Audacious as a name for our adult use operations is a much better reflection of our corporate culture and how we execute and operate,” said Terry Booth, CEO. “Audacious stands for doing things differently, courageously breaking with tradition, being bold, brave and confident. As a Company, we are executing on a unique strategy that is very difficult to emulate, while at the same time de-risking our operations. In an increasingly fragmented market with largely converging strategies, it takes an audacious company to stand out. This is who we are, and this is how we operate. The new name also better reflects our motto to ignite, delight and excite our shareholder base and the customers enjoying our products.”

Audacious Operationalizing Missouri Asset

Audacious is also pleased to report that the operation in Missouri, which the Company is acquiring as part of the Green Therapeutics transaction, has received its license to operate. Once the license transfer is complete, Audacious will own 25% of a processing and manufacturing license.

The Missouri operations comprise an 8,000 square foot facility

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