June 1 (Reuters) - Valens Groworks Corp VLNS.TO :
* THE VALENS COMPANY ENTERS INTO $40 MILLION DEBT FACILITY
* VALENS GROWORKS CORP - ENTERED INTO A SYNDICATED CREDIT FACILITY WITH CANADIAN IMPERIAL BANK OF COMMERCE AND ADMINISTRATIVE AGENT ATB FINANCIAL
* VALENS GROWORKS - CREDIT FACILITY CONSISTS OF C$20 MILLION SECURED TERM LOAN AND C$20 MILLION SECURED REVOLVING LOAN
* VALENS GROWORKS - CREDIT FACILITY HAS A THREE-YEAR TERM