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File: News Release - Private Placement.docx
LOTUS VENTURES INC.
Suite 910 - 1125 Howe Street, Vancouver, British Columbia V6Z 2K8
Canadian Securities Exchange: Symbol J
Vancouver, British Columbia - September 28, 2016
LOTUS FINANCING
Lotus is conducting a private placement financing of up to $500,000 by the issuance of up to 2,500,000 units at $0.20
--->per unit. Each unit will consist of one common share and one share purchase warrant, each warrant exercisable to purch
--->ase one common share at $0.25 per share for five years. Lotus will pay finder's fees of up to five percent of the fina
--->ncing.
The proceeds of the financing will be used for general corporate purposes.
ON BEHALF OF THE BOARD
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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