Partner News

May 30, 2019

Australis Capital Inc. Exercises Warrants in Body and Mind Inc. for Gross Proceeds of CAD$6.39 Million

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.
November 28, 2018

Body and Mind Enters Agreement to Acquire Iconic Dispensary Chain in California

Body and Mind Inc. (CSE: BAMM, US OTC: BMMJ) (the “Company” or “BaM”) and Australis Capital Inc. (CSE: AUSA) (“Australis”) are pleased to announce an investment by BaM into Green Light District Holdings, Inc. (“GLDH”) by way of a USD $5,200,000 senior secured convertible note at a rate equal to 20% per annum.