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Australis Corporate Update

Australis Corporate Update
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LAS VEGAS, April 29, 2021 /PRNewswire/ - Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) ( AUSA or the Company ) is pleased to provide the following corporate update:
Rapid Growth – Balance Sheet Strength
Jon Paul, CFO, commented, Despite ALPS only contributing approximately 3 weeks to our year end, AUSA s revenues are anticipated to more than double for the entire fiscal year ended March 31, 2021. With an array of current projects in progress and an expanding pipeline of new projects anticipated to be signed, the impact of ALPS on the first quarter of our fiscal 2022 will be even greater. Meanwhile, we expect the sale of a land asset held through our other acquisition, Green Therapeutics, to close shortly, which will add approximately C$2.5 million in cash to our working capital position. With the anticipated growth at ALPS and GT, as well as other liquid assets held, AUSA is in robust shap ....

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