Mr. Dale McClanaghan reports
LOTUS FINANCING
Lotus Ventures Inc. is conducting a private placement financing of up to $500,000 by the issuance of up to 2.5 million units at 20 cents per unit. Each unit will consist of one common share and one share purchase warrant, each warrant exercisable to purchase one common share at 25 cents per share for five years. Lotus will pay finders' fees of up to 5 per cent of the financing.
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