Body and Mind Inc. (CSE: BAMM, OTC Pink: BMMJ) (the “Company” or “BaM”), a multi-state operator, and Australis Capital Inc. (CSE: AUSA, OTCQB: AUSAF) (“Australis”) are pleased to announce that Australis exercised 12,793,840 common share purchase warrants of the Company (the “Warrants”) at an exercise price of CAD $0.50 for gross proceeds (the “Warrant Proceeds”) of CAD$6,396,920. Upon exercise, Australis received 12,793,840 common shares (the “Warrant Shares”) of the Company. The Warrants were issued to Australis pursuant to an investment agreement entered into between the Company and Australis dated October 30, 2018.
Australis Capital Inc., with an address at Suite 900, 510 Seymour Street, Vancouver, British Columbia, V6B 1V5 has acquired, through the exercise of 12,793,840 warrants of Body and Mind Inc., ownership of 12,793,840 common shares in the capital of the Company. The Common Shares were acquired pursuant to the exercise of the Warrants acquired on a private placement basis on November 5, 2018. The head office of the Company is located at 750 – 1095 West Pender Street, Vancouver BC V6E 2M6.
Australis Capital Inc. announces today it has entered into an asset purchase agreement with Green Therapeutics, LLC ("GT") and affiliated companies, to acquire its Tsunami™, Provisions™, and GT Flowers cannabis brands, certain operating assets, intellectual property and the right to assume, complete and expand the construction of a state-of-the-art 55,000 square foot cultivation and production facility in North Las Vegas, Nevada.
Australis Capital Inc. (CSE: AUSA OTC: AUSAF) is pleased to announce that Scott Dowty, Chief Executive Officer, and Michael Carlotti, Chief Financial Officer, will participate in this year's LD Micro Conference to be held at Luxe Sunset Hotel in Bel Air, California on June 4-5, 2019, with a webcasted presentation on Tuesday, June 4 at 10:00 AM PT.