|By Marketwired .||
|August 1, 2014 06:00 PM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 08/01/14 -- Valencia Ventures Inc. (NEX BOARD:VVI.H) ("Valencia" or the "Company") announces that it has entered into two promissory notes with arm's length individuals (the "Notes"). Each Note is for $50,000, bears interest at 10% per annum, compounded annually, and is payable on September 30, 2014. The proceeds from the Notes will be used for working capital purposes.
This press release contains "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
Valencia Ventures Inc.
President and CEO
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