Australis Capital to acquire Passport Technology in an over $22 million deal

TORONTO: Australis Capital Inc. (AUSA) has entered into an agreement to acquire Passport Technology Inc., leveraging Passport’s international footprint in brick and mortar casinos with AUSA’s Cocoon Technology serving cannabis dispensaries in North America and AUSA’s Paytron Merchant Services. In connection with and contingent on completion of the Passport Acquisition, AUSA also announces a non-brokered…