Lotus Ventures Commences Trading on the Canadian Securities Exchange - Video News Alert on InvestmentPitch.com

December 10, 2014 11:07 AM EST | Source: InvestmentPitch Media

Vancouver, British Columbia--(Newsfile Corp. - December 10, 2014) - Lotus Ventures (CSE: J) is one of the latest new listings on the Canadian Securities Exchange. Concurrent with its new CSE listing, the company has de-listed from the TSX Venture Exchange.

InvestmentPitch.com has produced a "video news alert" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Lotus" in the search box.


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http://www.investmentpitch.com/video/0_tovgraz0/Lotus-Ventures-CSE-J-New-Listing

Lotus Ventures was formed through the amalgamation of Strachan Resources, previously a capital pool company, and Private Lotus. 21,774,000 shares of Private Lotus and 2,500,000 shares of Strachan were exchanged for shares of Lotus Ventures on a share for share basis.

The company has the rights, subject to certain conditions, to acquire a production facility and operating assets in British Columbia, to be operated under the Marijuana for Medical Purposes Regulations, upon obtaining a new production license. The facility currently produces medical marijuana pursuant to 4 licenses under the Medical Marijuana Access Regulations.

On October 27, 2014, Private Lotus completed a non-brokered private placement of 1,374,000 shares at $0.25 per share for gross proceeds of $343,500. The shares are trading at $0.25 and with 24.3 million shares outstanding, the company is capitalized at $6.1 million.

For more information, please refer to the company's Non-Offering Prospectus, which is available on Sedar.com, or contact Dale McClanaghan, President & CEO at 604-644-9844.

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