July 2 (Reuters) - Valeo (PA:VLOF) Pharma Inc VPH.CD :
* VALEO PHARMA REPORTS ITS 2020 SECOND QUARTER RESULTS AND INITIATES $1 MILLION DEBENTURE PRIVATE PLACEMENT
* Q2 REVENUE ROSE 112 PERCENT TO $2.1 MILLION
* Q2 NET LOSS OF $0.9 MILLION, DOWN 25% COMPARED TO Q2
* SAYS INITIATED NON-BROKERED PRIVATE PLACEMENT OF UP TO 1,000 UNSECURED NON-CONVERTIBLE DEBENTURE UNITS