Australis Capital Stock (CSE: AUSA) (OTCQB: AUSAF) - Investor Dashboard
|Industry:||Diversified Financial Svcs|
|Headquarters:||Las Vegas, NV|
|Cash on hand:||C$16.8 million|
|LT Assets:||C$4.1 million|
|Shareholders’ Equity:||C$21.7 million|
|Revenues – Last Quarter:||N/A|
|Adj. Gross Margin :||N/A|
Capital Structure (11/29/18)
|Last Financing:||C$32.2 million selling Units at C$2.03|
|Basic Shares:||140.6 million|
|Diluted Shares:||224.9 million|
Aurora Cannabis, a preeminent global cannabis company based out of Toronto, Canada, created Australis Capital by way of a spin-out of its shareholders. Australis was created to take advantage of the fragmented and growing U.S. cannabis industry. Investments may include equity, debt or other securities of both public and private companies, financings in exchange for royalties or other distribution streams, and control share acquisitions. Investments will be reviewed on an ongoing basis to determine the appropriateness of their weighting within the overall portfolio to provide optimal returns and grow shareholder value.
Australis adheres to stringent investment criteria and will focus on significant near- and mid-term high-quality opportunities with a steadfast commitment to governance and community. Members of the Board, Management have deep experience in highly regulated industries and knowledge of the U.S. cannabis industry. Together, they bring years of experience in regulatory compliance, public company governance, and operations.
- Spun out from Aurora Cannabis in September 2018
- C$47 million raised to date
- Recent investments into Body and Mind, an operator in Nevada and Ohio, Wagner Dimas, a manufacturer of machines for pre-rolls, and rthm, a technology platform developing cannabis curation, loyalty and delivery technology
- Targeting acquisitions in the cannabis supply chain and in turn-around opportunities
- Focused primarily on U.S. opportunities
- Seeking early stage opportunities that possess top-tier management with scalable business models
- Historical relationship and continued close alignment with Aurora Cannabis
- Management team with experience in regulatory compliance, capital markets knowledge, operational experience, startup expertise and M&A experience
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