Carl Correia Appointed Director

Carl Correia Appointed Director

November 3, 2015

Vancouver, British Columbia – November 3, 2015

The Board of Directors announces that Mr. Carl Correia has been appointed as a director of Lotus Ventures Inc. Mr. Carl Correia is the Chief Operating Officer of the Company.

Mr. Correia will be the Responsible Person In Charge (RPIC) as defined by the MMPR. He has firsthand production experience and since the beginning of 2013 has been producing as a “designated grower” for multiple patients under the MMAR regime. Mr. Correia is currently enrolled in and completing courses offered by KPU Polytechnic University for “Professional Management of Medical Marijuana for Medical Purposes in Canada”. Mr. Correia has received certification in “Fundamentals of Quality Assurance for Medical Marihuana – Good Production Practices” from the Academy of Applied Pharmaceutical Sciences and additional certification for “Security Considerations for Licensing and Operating Commercial Medical Marihuana Facilities” from Experchem Laboratories. He has also attended many seminars, conferences and meetings with industry experts which have provided him with a very broad understanding of this exciting industry. Mr. Correia has also run a successful electrical contracting company for the past 12 years.

The Company has granted 1,485,000 options to eligible optionees. The options are exercisable at $0.20 per share and expire on November 3, 2020.


Lotus Ventures Inc.

“Dale McClanaghan”
Dale McClanaghan, President and CEO

For further information contact:

Dale McClanaghan, President and CEO - (604) 644-9844

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

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