GREY:CBICF - Post by User
Post by
bogdanszon Aug 17, 2018 12:26pm
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Post# 28478335
Is Aurora willing to aquire MPX ???
Is Aurora willing to aquire MPX ???"The spin-out of Australis delivers additional value to Aurora's shareholders, while creating a vehicle with considerable upside potential," saidTerry Booth, CEO of Aurora. "Australis provides its shareholders with access to deal-flow in the U.S market, where many successful operators have struggled to access growth capital in an opportunity rich market. With a deeply networked and experienced management team, and a strong balance sheet, Australis is well positioned to capitalize in the U.S. by acquiring attractively priced cannabis assets with high growth potential. The non-brokered, substantially oversubscribed private placement that Australis recently completed to fuel its growth is a reflection of investor appetite for access to U.S. cannabis assets, while recognizing the Australis team's domain expertise and successful track record of operating in highly regulated and rapidly evolving industries. We look forward to providing additional updates shortly on our progress towards the distribution."