Business
Autris Acquires Playa Pacifica Beachfront Property in Nicaragua, Expands Veritas Villages
Autris Acquires Playa Pacifica Beachfront Property in Nicaragua, Expands Veritas Villages.
About this update from Autris
[{"type":"text","content":"\r\n\r\n \r\n \r\n Autris Acquires Playa Pacifica Beachfront Property in Nicaragua, Expands Veritas Villages\r\n \r\n \r\n\r\n\r\nAutris Acquires Playa Pacifica Beachfront Property in Nicaragua, Expands Veritas Villages\r\n\r\n\r\n\r\nNewsfile Corp.\r\n\r\n\r\nNewsfile Corp\r\n\r\n\r\nPanama City, Republic of Panama--(Newsfile Corp. - July 9, 2025) - Autris (OTC: AUTR) (\"Autris\" or \"the Company\"), a pioneering company dedicated to promoting freedom and self-sustainability through the acquisition, design, development, and construction of self-sustainable communities throughout Latin America and the Caribbean, announces the acquisition of Playa Pacifica, a premier beachfront property in Nicaragua.\r\nAutris has acquired 100% of Lion Shark Limited, the landholder of Playa Pacifica Beach Resort in a multimillion-dollar deal comprised of cash, promissory notes and the issuance of five million restricted shares held in the Autris treasury at a price of 20 cents per share. The shares were previously bought from a group of Legacy Shareholders such that there is no dilution to existing shareholders. The strategic acquisition of this property is a significant addition to our balance sheet as well as another flagship community for the Company.\r\nAutris is beginning the transformation of Playa Pacifica into a Veritas Village - elevating an Autris previously designed resort into a thriving, freedom and sustainability focused community, grounded in the Company's F.I.R.S.T. principles: Freedom, Independence, Resilience, Sustainability, and Transparency. Nestled along a pristine stretch of Nicaraguan coastline, an area ideal for swimming, surfing, and embracing coastal living, Veritas Village - Playa Pacifica offers luxury off-grid and hybrid beachfront homes and nearby community orchards, gardens and livestock for self-sustainability. Residents will enjoy amenities including pools, a golf course, tennis courts, on-site dining, hiking trails, landscaped green spaces and much more, all curated to foster self-reliance, sustainability, and a freedom-oriented way of life.\r\nLocated less than an hour from Nicaragua's international airport, Veritas Village - Playa Pacifica is the closest beachfront community to the capital and one of the most beautiful yet undiscovered coastal regions in Central America. Nicaragua's freedom-oriented stance duri...