Mr. Cleve Tzung reports
AUSTRALIS CAPITAL ANNOUNCES THE TERMINATION BY PASSPORT TECHNOLOGY OF PENDING ACQUISITION AGREEMENT
Australis Capital Inc. has been informed by Passport Technology Inc. that Passport has terminated the pending acquisition agreement previously announced by Australis on June 25, 2020. The terms of the acquisition agreement require Passport to pay a break fee and the company's demonstrated expenses.
About Australis Capital Inc.
Australis invests in, operates and builds transformative, differentiated companies operating in highly regulated industries.
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