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Vancouver,
British Columbia - July 26, 2017 (Newsfile Corp.) (Investorideas.com Newswire)
Valens GroWorks Corp. (CSE: VGW) (the "Company" or
"Valens"), a vertically integrated provider of cannabis products, is
pleased to announce a non-brokered private placement of up to 4,000,000 units
(the "Units") at a price of $1.00 per Unit for gross proceeds of up
to $4,000,000 (the "Offering").
The
net proceeds of the Offering will be used for plant expansion, including
additional growing and oil extraction capacity at existing facilities,
marketing & branding initiatives and other growth opportunities and general
corporate purposes.
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