Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) (“AUSA” or the “Company”) is pleased to announce the completion of the acquisition of Paytron, LLC. (“Paytron”), a privately held omnichannel payment services provider, effective April 1, 2020. Paytron was acquired for $120,000 USD in AUSA shares, based on a 15-day volume-weighted average trading price, with royalty payments based on future performance milestones. Paytron expands and enhances Cocoon Technology’s™ (“Cocoon”) platform providing critical payment acceptance to capture incremental Cocoon related recurring revenue and additional revenue streams in North America.