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Australis acquisition of Passport Technology offers roadmap to generating revenue

Australis Capital (CSE: AUSA-OTC: AUSAF) CEO Cleve Tzung joined Steve Darling from Proactive to discuss the company’s recent transaction to acquire Passport Technology. Tzung discusses how the deal came about and what Passport immediately provides Australis.

Tzung also told Proactive if they are looking at any other potential acquisitions and also about their AGM which will be held in September.

Quick facts: Australis Capital Inc

Price: 0.165 CAD

CSE:AUSA
Market: CSE
Market Cap: $28.04 m
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Australis Capital to merge with Folium Biosciences in 'transformational deal'

Australis Capital Inc (CSE:AUSA) (OTCMKTS:AUSAF) CEO Scott Dowty caught up with Proactive's Andrew Scott while in London to discuss the news that they're to merge with Folium Biosciences. Under the merger plan Folium will become a wholly owned subsidiary of Australis -- which will be...

on 17/12/19

2 min read