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home / news releases / australis capital secures 2 5m financing from ceo s

AUSAF - Australis Capital secures $2.5M financing from CEO's venture capital

Australis Capital Inc
  • Australis Capital ( OTCQB:AUSAF ) stated Friday that it has entered into $2.5M credit facility financing with Lola Ventures, entity controlled by Company CEO Terry Booth.
  • The cannabis company said it intends to use the proceeds for general working capital purposes, including fueling AUDACIOUS' growth initiatives.
  • "We have built an exceptional foundation with unique assets in New York State, New Jersey, Nevada, California and Thailand, and this credit facility signifies my strong confidence in our execution on the AUDACIOUS go forward plan," said Terry Booth, CEO.
  • Earlier: Australis Capital GAAP EPS of -C$0.02, revenue of C$2.37M

For further details see:

Australis Capital secures $2.5M financing from CEO's venture capital
Stock Information
Company Name: Australis Capital Inc
Stock Symbol: AUSAF
Market: OTC
Website: ausa-corp.com
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