July 6 (Reuters) - Metropolitan Energy Corp MOEh.V :
* ANNOUNCES INTENTION TO ENTER U.S. CANNABIS SECTOR AND CONCURRENT PRIVATE PLACEMENT
* PARTIES WILL MAKE COMMERCIALLY REASONABLE EFFORTS TO COMPLETE A NON-BROKERED PRIVATE PLACEMENT TO RAISE UP TO CAD$6 MILLION
* HAS ENTERED INTO A LETTER OF INTENT, DATED JULY 5, 2018, TO ACQUIRE BERTRAM CAPITAL FINANCE, INC
* NON-BROKERED PRIVATE PLACEMENT THROUGH ISSUANCE OF UP TO 12,000,000 UNITS AT A PRICE OF CAD$0.50 PER UNIT