Valley High Mining Co. Announces $5,000,000.00 Equity Credit Line
23.11.2015 | Accesswire
HOUSTON, November 23, 2015 - Valley High Mining Co. (OTCQB: VHMC) announced that it has a definitive agreement for equity financing of up to $5 million from Iconic Holdings, LLC (the "Investor"), a Delaware limited liability company, with its principal executive offices at 2251 San Diego Ave. #B150, San Diego, CA 92110. This financing is subject to an S-1 Registration Statement being declared effective by the Securities and Exchange Commission which is to be filed in as soon as possible. The Equity Line has a 36 month term and allows the Company to drawdown, at its' discretion, on the facility, based on the timing and volume provisions set forth in the agreement. This $5 million Equity Line of Credit represents VHMC's principal long term financing plan. "This financing will make possible the execution of our business plan and generation of revenues. It is exciting to finally have the tools to achieve the manufacturing of our units and be able to grow this company into a leader in this new business sector", stated CEO Richard Johnson.About Valley High Mining Co
Valley High Mining Co. / Unique Growing Solutions, Inc.is a manufacturing and consulting company that provides turnkey solutions to the natural/organic food industry. The Company has developed proprietary Enviro-Pods that incorporate cutting edge hydroponic grow systems with intelligent LED greenhouse lighting, and ancillary horticulture support apparatus. These Enviro-Pods provide growers with a comprehensive clean-room environment to maximize the quality and quantity of their crop output. The Company likens their Enviro-Pod business model for growers to that of the executive suite concept for small businesses, leveraging the economies of scale to mitigate the financial barriers of entry for novice or experienced growers.
Valley High Mining Co. / Unique Growing Solutions, Inc. also plans to launch or acquire food and beverage brands leveraging their portable growing systems. The Company believes this portability will give them access to local markets and cater to the immediate needs of such markets regardless of the seasonality of crops or geographic and or climate limitations.
Visit our website at www.uniquegrowingsolutions.com.
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "should," "intends," "will," or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.
Contact:
Valley High Mining Co.
Peter Bianchi, President,
Info@uniquegrowingsolutions.com
Web site: www.uniquegrowingsolutions.com