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Australis to Acquire Green Therapeutics LLC News provided by Share this article Operationalizes AUSA with Multi-State Footprint Acquisition Agreement Includes Resolution of Litigation by Unwinding Original Transaction LAS VEGAS, Jan. 5, 2021 /PRNewswire/ - Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) ( AUSA or the Company ) today announced that the Company has entered into a non-binding term sheet dated January 4, 2020 with Green Therapeutics LLC ( GT ) and the holders of the issued and outstanding membership interests of GT setting forth the terms of a proposed transaction pursuant to which Australis will purchase 100% of the issued and outstanding membership interests in GT. Prior to completing the acquisition, the parties have agreed to settle a previously announced legal dispute regarding the original May 2019 transaction whereby AUSA had acquired certain non-operational GT assets. ....
Nutritional High International Inc.: Nutritional High Achieves Milestone in Its Reorganization Efforts CSE: EAT) ( Nutritional High or the Company ) is pleased to announce certain advances in our efforts to reorganize and refocus our business in Colorado, Oregon and California. In this regard, we have agreed to terminate the Company s previously announced expansion into Nevada through the purchase of Green Therapeutics ( GT ). This decision was mutually agreed upon and allows GT to move forward with a sale of its business to Australis Capital Inc., the letter of intent announced January 5, 2021. As part of the sale of GT to Australis, the indebtedness due to Nutritional High will be repaid which includes full repayment of the US$1,240,000 previously advanced plus accrued interest and a premium. In accordance with an agreement signed today, repayment will be made in the form of shares of Australis Capital as part of that company s purchase of GT. ....
Australis Appoints Financial Leadership Veteran Jon Paul as CFO, Provides Corporate Update News provided by Share this article New Leadership Team Continues to Execute LAS VEGAS, Dec. 30, 2020 /PRNewswire/ - Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) ( AUSA or the Company ) today announces the Company has appointed Jon Paul as its new CFO, effective January 1, 2021. In addition, the Company provides a corporate update on the progress made in the six weeks since the new leadership team took over. Jon Paul Mr. Paul has approximately 40 years of senior financial experience with both public and private companies and has built a strong track record in leading hypergrowth in fast-paced businesses including the cannabis, consumer goods, wireless telecom and generic pharmaceutical industries. ....