Spin-Out shares for Aurora shareholdersDon't forget that anyone holding shares at today's close will get free shares of the new spin-out company, Australis Capital Inc.
"That date of record is set for Friday August 24, 2018. At the close of the aforementioned date, Aurora Cannabis shareholders will be eligible to receive the Distribution of Australis units, which comprise of one common share and one share purchase warrant. Each warrant will entitle the holder to acquire one share at an exercise price of $0.25 per Australis share, one year from the distribution date. the Distribution will be paid on the basis of one unit for every 34 Aurora shares outstanding on the record date."