News
June 29, 2020
Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) (“AUSA” or the “Company”) announced it entered into an agreement to acquire Passport Technology Inc. (“Passport”) on June 25, 2020 (the “Passport Acquisition”). Pending requisite approvals, the Passport Acquisition will provide immediate revenue and profitability to AUSA:
June 25, 2020
Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) (“AUSA” or the “Company”) is pleased to announce two transactions that are each contingent on the successful conclusion of the other. The Company has entered into an agreement to acquire Passport Technology Inc. (“Passport”), upon the terms set forth below (the “Passport Acquisition”), leveraging Passport’s international footprint in brick and mortar casinos with AUSA’s Cocoon Technology serving cannabis dispensaries in North America and AUSA’s Paytron Merchant Services (“Paytron”).
May 28, 2020
Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) (“AUSA” or the “Company”) and Cocoon Technology (“Cocoon”) are helping to define the new operating environment for contactless retail experiences with CocoonPod™ kiosks. As dispensaries begin the initial phases of reopening, they are required to follow guidelines maintaining the health and safety of both employees and customers.
May 26, 2020
At the request of IIROC, Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) (“AUSA” or the “Company”) wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity.
April 8, 2020
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.
February 26, 2020
Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) (“AUSA” or the “Company”) is pleased to announce Cocoon Technology, LLC (“Cocoon”) is in the final phase of development and completing testing for the platform’s deployment and initial launch with THRIVE Cannabis Marketplace (“THRIVE”) in April 2020.
February 18, 2020
Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) (“AUSA” or the “Company”) previously announced on, December 11, 2019, a proposed merger by and among AUSA, Folium Equity Holding LLC (“Folium”) and Folium Merger Sub, LLC by which Folium would become a wholly owned subsidiary of AUSA, and AUSA would be rebranded as and carry on the business of Folium. AUSA recently discovered new relevant information with regard to Folium and, on that basis, AUSA has decided to not proceed with the merger.
February 11, 2020
Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) (“AUSA” or the “Company”) today announced that it will host a live conference call to provide a corporate update at 1:00 PM EST on Wednesday, February 26, 2020.
February 4, 2020
Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) (“AUSA” or the “Company”) is pleased to announce AUSA has entered into a non-binding letter of intent (the “LOI”) to acquire 100% of Paytron, LLC (“Paytron”), a privately held omnichannel payment services provider, which will continue its operations as a wholly-owned subsidiary as well as expand the existing service offering of the Cocoon Technology™ platform.