An anonymous director reports

NASS VALLEY GATEWAY LTD (NVG.CN) ANNOUNCES PENDING CAPITAL RAISE UPDATE FOR ITS SUBSIDIARY NASS VALLEY GARDENS INC.

Nass Valley Gateway Ltd. has had significant corporate developments pertaining to its United States subsidiary's capital raise strategy.

Capital raise strategy transition

Nass Valley Gateway's U.S. subsidiary, Nass Valley Gardens Inc., is changing its capital raise strategy from utilizing the Regulation A+ exemption to engaging alternative capital partners. Management had previously announced on Feb. 4, 2022, it would embark on a Regulation A+ raise, initially intended to bring in up to $75-million (U.S.). This strategy shift reflects NV Gardens' commitment to securing the strongest financial partner and best capital market terms available for the benefit of all stakeholders as NV Gateway continues to pursue its growth initiatives in 2024.

About Nass Valley Gateway Ltd.

Since 2019, Nass Valley Gateway has been dedicated to the sales and distribution of organic, non-GMO (genetically modified organism) hemp-based cannabidiol products through its U.S. subsidiary, Nass Valley Gardens.