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File: Lotus Ventures News Release August 17, 2017 First Tranche closes.pdf

Lotus Ventures Inc.
1010   1030 West Georgia St.                              Telephone: (604) 644-9844
Vancouver British Columbia                          E-mail: dalemcclanaghan@gmail.com
V6E 2Y3

Press Release

Canadian Securities Exchange: Symbol J

Vancouver, British Columbia   August 17, 2017

                     LOTUS UNIT FINANCING OVERSUBSCRIBED
                      FIRST TRANCHE CLOSED FOR $2,263,500

Lotus Ventures has closed the first tranche of the $2,000,000 private placement announced July
20, 2017. Due to investor demand the offering was oversubscribed and exceeded the initial
maximum. Lotus has issued 7,546,500 units at $0.30 per unit as described in its news release of
July 20, 2017 for gross proceeds of $2,263,500. Lotus will be doing a second closing and has
filed with the CSE to increase the amount.


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.




                                               1
 

File: Lotus Ventures News Release August 17, 2017 First Tranche closes.docx

Lotus Ventures Inc.
1010 - 1030 West Georgia St.    Telephone: (604) 644-9844
Vancouver British Columbia   E-mail: dalemcclanaghan@gmail.com
V6E 2Y3

Press Release

Canadian Securities Exchange:  Symbol J
 
Vancouver, British Columbia - August 17, 2017

LOTUS UNIT FINANCING OVERSUBSCRIBED 
FIRST TRANCHE CLOSED FOR $2,263,500

Lotus Ventures has closed the first tranche of the $2,000,000 private placement announced July 20, 2017. Due to invest
--->or demand the offering was oversubscribed and exceeded the initial maximum. Lotus has issued 7,546,500 units at $0.30 
--->per unit as described in its news release of July 20, 2017 for gross proceeds of $2,263,500. Lotus will be doing a sec
--->ond closing and has filed with the CSE to increase the amount. 


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.