Australis Capital (AUSA) (AUSCF) Raises 0 Million Selling Shares at .03 with .64 Warrants

Australis Capital (AUSA) (AUSCF) Raises $30 Million Selling Shares at $2.03 with $2.64 Warrants – RICH TV LIVE – October 26, 2018 – Australis Capital Inc. (“Australis” or the “Company”) (CSE: AUSA) is pleased to announce that the Company has closed its previously announced non-brokered private placement of units of the Company (the “Units”) for gross proceeds of $30,000,000 (the “Private Placement”). In order to accommodate oversubscriptions, the Company also intends to increase the size of the Private Placement by an additional $2,000,000 to be completed in a second tranche.

Hey guys this is rich from rich tv live and i saw this news here astralis capital raises 30 million selling shares at two dollars and three cents with two dollars and sixty four cent warrants and i’ve been quietly accumulating astralis capital and i’ve been saying that this is aurora cannabis 2.0 except it’s more affordable and while it is i mean like look at the way

This thing has started this has been nothing short of a disaster it opened up at like ten plus dollars and has just come down since went all the way down to three dollars down even lower oh my goodness down to two thirty and you could see it’s just been going down and down down at some point it will hit a floor and then you see news like this like all it’s done has

Gone down and then oh yeah by the way we’re pleased to announce that the company’s closed its previously announced non brokered private placement of units of the company for gross proceeds of 30 million dollars for a company that’s gone down that thousand percent they’ve just raised thirty million dollars like that just like that no problem in order to accommodate

Over subscriptions that’s right they were oversubscribed the company also intends to increase the size of the private placement by an additional two million to be completed in a second truck no problem raising money for a company that’s been going down right well you know what your boys been accumulating it i’m going to continue to pursue it to the private placement

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Strongest issued fourteen million seven hundred and seventy eight thousand three hundred twenty-five units at two dollars and three cents per unit each unit consists of one common share in the capital of the company the shares and one-half of a common share purchase weren’t otherwise known as a warrant each whole warrant will entitle the holder to purchase one

Additional share at a price of 2.64 on or before october twenty-fifth 2020 the company may accelerate the expiry of the warrants in the event that for any 10x consecutive trading days the daily volume weighted average trading price of the shares is greater than three dollars and forty three cents so that will be the strike price if they choose can accord genuine

E corp acted as the company’s exclusive financial advisor in connection with the private placement i continue to hear that name and hadn’t happened to be right here in town all securities issued in connection with the private placement are subject to a statutory hold period for four months plus a day in accordance with applicable securities legislation ending on

February 26 2019 in connection with the private placement the company paid aggregate finders fees of approximately five hundred fifty eight thousand two hundred that goes for the finder not bad not bad the net proceeds from the offering will be issued by the company for investments that adhere to the company’s investment policy as described in its prospectus dated

August 14 2018 we are very pleased to have successfully closed on our first capital race as a public company huge news 30 million let’s go another two million comment our ability to complete this transaction is a currently in a currently challenging capital markets environment demonstrates the unwavering support by our new and existing investors and their belief in

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The future prospects of a stralla s– and its unique business model i agree i mean it is aurora cannabis 2.0 folks we look forward to prudently deploying this capital in investment that we believe will create significant shareholder value for our investors i like that shareholder value i want shareholder value michael carlotti chief financial officer of astralis

This news release yes it does not constitute an offer to sell remember risk t v– light is strictly for education entertainment purposes do your due diligence do your research this company started as an ipo way higher and has come down it has not been a success thus far but i believe they we’ll be they are going to be a very forgiving stock they will forgive all

Of their sins so far as far as going down for any investors that have been hurt and i believe they will be a winner here’s why straws capital identifies and invests in the cannabis industry predominantly in the united states of america ten times larger market than canada a highly regulated fragmented rapidly expanding and evolving industry it’s true i’ve been

Telling you this for years investments may include and are not limited to equity debt or other securities of both public and private companies financings in exchange for royalties or other distribution streams and control stake acquisitions they are going to be funding deals they are going to be doing deals they are going to be a merger and acquisition monster in

America i believe they will explode you heard it here first from your boy rich astralis capital adheres to stringent investment criteria and we’ll focus on significant near and midterm high-quality opportunities with strong return potentials while maintaining a steadfast commitment to governance and community australis capital board management and advisory committee

Members have material experience with and knowledge of the cannabis space in the u.s. extensive backgrounds in highly regulated industries adherence to stringent regulatory compliance public company and operational expertise a usa what do you guys think about this a usa what do you guys think astralis if you like this video smash the like button comment down below

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You want to see our latest videos are feature videos you want to see our pics they’re all right here it’s true holler at your boy straw this capital i think is gonna be a big winner look at the markets guys we’re down a little bit slightly no big deal we’re at war we know this we know we’re at war so we’re down a little bit across north america nothing big nothing

To panic about but we are definitely red just slightly just slightly where we at yeah yeah in united states we are down like one point seven nine percent in canada we’re down less than one percent so just slightly red we might even finish in the green who knows but i’m looking at a strong us capitol you think this is a buying opportunity guys what do you think at

A dollar sixty for a usa let me know holler at your boy peace see some of the winners sort of losers 30 million just like that hey interesting you’ve been down a thousand percent and you just raised 30 mil something’s cooking

Transcribed from video
Australis Capital (AUSA) (AUSCF) Raises $30 Million Selling Shares at $2.03 with $2.64 Warrants By RICH TV LIVE

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