Aug 20 (Reuters) - GTEC Holdings Ltd GTEC.V :
* GTEC PROVIDES UPDATE ON ACQUISITION OF CANOPY GROWTH KELOWNA CULTIVATION FACILITY
* GTEC HOLDINGS LTD - CO, CANOPY GROWTH HAVE ENTERED INTO AN AMENDING AGREEMENT THAT EXTENDS PURCHASER'S CONDITION WAIVER DATE TO SEPTEMBER 16
* GTEC HOLDINGS - EXPLORING ALTERNATIVE FINANCING OPTIONS, INCLUDING COMMERCIAL DEBT AND/OR DIVESTING OF CERTAIN NON-CORE NON-OPERATIONAL ASSETS
* GTEC HOLDINGS LTD - EXTENSION PROVIDES GTEC WITH ADDITIONAL TIME TO PURSUE SATISFACTORY FINANCING OPTIONS IN ORDER TO COMPLETE TRANSACTION
* GTEC HOLDINGS LTD - IF UNABLE TO OBTAIN FINANCING THAT IS SATISFACTORY TO ITS BOARD; THEN IT WILL NOT PROCEED WITH TRANSACTION
* GTEC HOLDINGS - DOES NOT INTEND TO FINANCE DEAL BY ISSUING EQUITY OR CONVERTIBLE EQUITY/DEBT INSTRUMENTS AT ISSUANCE PRICE LESS THAN RECENT FINANCING