June 29, 2015
LOTUS VENTURES INC.
Suite 910 – 1125 Howe Street, Vancouver, British Columbia V6Z 2K8
Canadian Securities Exchange: Symbol J
Vancouver, British Columbia - June 29, 2015
Ventures Inc. has arranged a non-brokered private-placement financing
of 2,600,000 common shares of the company at a price of $0.05 per
share for gross proceeds of $130,000. This financing is subject to
regulatory approval and securities to be issued pursuant to the
financing are subject to a four-month hold period under applicable
Canadian securities laws. The company may pay finders’ fees on a
portion of the offering in accordance with applicable securities laws
and the policies of the Canadian Securities Exchange. The proceeds of
this financing will be used for general working capital and for
preparations with respect to the company’s application for a
license to produce and sell marijuana pursuant to the Marijuana for
Medical Purposes Regulations.
ON BEHALF OF THE BOARD
Lotus Ventures Inc.
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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