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File: Alliance NR Announces PP OA 112017.docx

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ALLIANCE GROWERS CORP.

NEWS RELEASE

ALLIANCE GROWERS ANNOUNCES PRIVATE PLACEMENT WITH OVER ALLOTMENT

November 20, 2017 - Vancouver, B.C. - Alliance Growers Corp. (CSE: ACG) (the "Company") to announce a non-brokered pri
--->vate placement (the "Private Placement") of up to 5,000,000 units (the "Units") at a price of $0.11 per Unit, for gros
--->s proceeds of up to $550,000.  Each Unit is comprised of one common share and one share purchase warrant. Each share p
--->urchase warrant will entitle the holder to acquire one additional common share in the capital of the Company at a pric
--->e of $0.21 per share, for a period of two years from the date the Units are issued. If during the exercise period of t
--->he warrants, but after the resale restrictions on the shares have expired, the Company's shares trade at or above a we
--->ighted average trading price of $0.30 per share for 10 consecutive trading days, the Company may accelerate the expiry
---> time of the warrants by giving written notice to warrant holders that the warrants will expire 30 days from the date 
--->of providing such notice.
As well, Alliance Growers has agreed to an Over Allotment of up to 1,500,000 Units on the same terms should demand for
---> the issue prove higher than expected. Certain directors and/or officers of the Company, including Dennis Petke, CEO o
--->f the Company, may participate in the Private Placement for a total of up to 250,000 units.

A portion of the Private Placement may be completed in accordance with the exemption set out in BC Instrument 45-534 (
--->Exemption from prospectus requirement for certain trades to existing security holders) (the "Security Holder Exemption
--->") pursuant to the terms and conditions of this Offering News Release and BC Instrument 45-534.  Alliance Growers shal
--->l make the pro-rata offer available to all persons who, as of the record date of November 17, 2017, held common shares
---> in the capital of the Company.  In accordance with the requirements of the Security Holder Exemption, the Company con
--->firms there is no material fact or material change related to the Company which has not been generally disclosed.  
The Private Placement securities have not been and will not be registered under the U.S. Securities Act of 1933, as am
--->ended (the "1933 Act"), or under any state securities laws, and may not be offered or sold, directly or indirectly, or
---> delivered within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S 
--->under the 1933 Act) absent registration or an applicable exemption from the registration requirements. This news relea
--->se does not constitute an offer to sell or a solicitation to buy such securities in the United States. 
The Company plans to allocate the proceeds of the Private Placement primarily to the Botany Centre for property acquis
--->ition and preliminary planning and development, plus finalization of agreements in other potentially lucrative arrange
--->ments in the medical and recreational cannabis space, as well as general working capital. The financing is subject to 
--->regulatory approval.  All securities issued pursuant to the placement will be subject to a hold period of four months 
--->and one day from the date of closing.  


About Alliance Growers Corp.
Alliance Growers Corp is a diversified cannabis company driven by the Company's 'Four Pillars' Organization Plan - Can
--->nabis Botany Centre, Strategic ACMPR Investments, CBD Oil Supply and Distribution, and Research and Development.
Alliance Growers is finalizing a new business partnership with Botanical Research In Motion Inc., to jointly develop a
--->nd operate a 40,000 square foot facility to be the first of its kind in Western Canada to house a DNA Botany lab, extr
--->action facility and Tissue Culture Plantlet Production facility to service the Cannabis market and agriculture market 
--->in general. The proposed Cannabis Botany Centre will grow Cannabis plantlets using proprietary tissue culture propagat
--->ion, specifically the "Chibafreen Invitro Plant Production System", which assures consistent composition and purity of
---> each plantlet for the growers.
Further, Alliance Growers has been negotiating to obtain other exclusive Canadian distribution agreements for certain 
--->proprietary products for support of the Cannabis growing industry in addition to possible partnerships with Licensed P
--->roducer Applicants at various stages in the Health Canada License process.
For further information, please visit the Company's website at www.alliancegrowers.com or the Company's profile at www
--->.sedar.com. 
If you would like to be added to Alliance Growers' news distribution list, please send your email address to newslette
--->r@alliancegrowers.com
On behalf of the board of directors of
ALLIANCE GROWERS CORP.
"Dennis Petke"
Dennis Petke
President and CEO
 
For more information contact:
 
Dennis Petke
Tel: 778-331-4266
DennisPetke@alliancegrowers.com
 
Rob Grace
Corporate Communications
Tel: 778-998-5431
RobGrace@alliancegrowers.com

THE CANADIAN SECURITIES EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF T
--->HIS RELEASE.