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Australis Capital to merge with Folium Biosciences in 'transformational deal'

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viewAustralis Capital Inc

() (OTCMKTS:AUSAF) CEO Scott Dowty caught up with Proactive's Andrew Scott while in London to discuss the news that they're to merge with Folium Biosciences.

Under the merger plan Folium will become a wholly owned subsidiary of Australis -- which will be rebranded as Folium Biosciences and will carry on the current business of Folium. 

CSE:AUSA

Market: CSE
Market Cap: $75.34 m
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