September 3, 2020

Australis Capital Reaches Settlement Agreement with Passport Technology and Announces Departure of Executive Chairman Scott Dowty

LAS VEGAS, NV, September 3, 2020 – Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) (“AUSA” or the “Company”) today announced it has reached a settlement agreement (the “Settlement Agreement”) with Passport Technology Inc. (“Passport”) in respect of the termination of the share purchase agreement (the “Share Purchase Agreement”) pursuant to which the Company was to have acquired Passport. The Company also announced the departure of Executive Chairman Scott Dowty.
August 3, 2020

Australis Capital Announces The Termination by Passport Technology of Pending Acquisition Agreement

LAS VEGAS, NV, August 3, 2020 – Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) (“AUSA” or the “Company”) announces that it has been informed by Passport Technology, Inc. (“Passport”) that Passport has terminated the pending acquisition agreement previously announced by AUSA on June 25, 2020. Under the terms of the Stock Purchase Agreement, since Passport initiated the termination, Passport will be paying a break fee of $500,000 payable in Passport shares to AUSA.
July 6, 2020

Australis Capital Announces Amended Terms For The Purchase of Passport Technology Inc.

Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) (“AUSA” or the “Company”) today announced that certain terms for the purchase of Passport Technology Inc. (“Passport”) have been updated to reflect additional contract signings by Passport since the announcement of the transaction.
July 3, 2020

Australis Capital Announces Its Intention to Vigorously Defend Against Lawsuit

Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) (“Australis”, “AUSA” or the “Company”) today announced that it intends to vigorously defend itself against claims made by Green Therapeutics LLC and Meridian Companies LLC (the “Plaintiffs”).
June 29, 2020

Australis Capital Provides Update on Compelling Acquisition of Passport Technology

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 Announces Expansion of Fintech Platform to Include Gaming Through Proposed Acquisition of Passport Technology and Private Placement of Units

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

Cocoon Technology Assists Dispensary Reopening with Launch of Contactless Self-Service Kiosks

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

Australis Capital Unaware of Any Material Change

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 Completes Acquisition of Paytron While Management and Officers Purchase Over One Percent of Outstanding Shares

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.