Alliance Growers Signs Term Sheet for $5M – $1OM Financing Facility

INITIATES FIRST TRANCHE OF $5M TO $10M EQUITY FACILITY Alliance Growers Corp. (ACG.C) has executed on the term sheet for a financing commtment offered by Alumina Partners (Ontario) Ltd., a subsidiary of Alumina Partners LLC, a New York-based private equity firm, for a $5-million equity facility in a series of private placements, with an option to extend the commitment up to $10-million. The purpose of the equity facility is to provide the Company with continuous funding for its integrated projects
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