Exchange Bulletin

Valens GroWorks Corp. (VLNS, VLNS.WT) To Trade On Toronto Stock Exchange

April 14, 2020

Issuer: Valens GroWorks Corp. (the "Company")

Security:SymbolIssued and Outstanding SecuritiesReserved SecuritiesTrading Currency
Common Shares VLNS 127,709,952 24,425,311 CDN$
Common Share Purchase Warrants ("Warrants") VLNS.WT 7,594,663 0 CDN$
Listing category: Industrial, Exempt Issuer
Trading currency: CDN$
Listing and posted for trading date: April 16, 2020 (at the opening)
Other market(s): The Common Shares and Warrants have been listed on the TSX Venture Exchange (the "TSXV") since July 10, 2019 under the symbols "VLNS" and "VLNS.WT" respectively. The aforementioned securities will be delisted from the TSXV on April 16, 2020, upon commencement of trading on the Toronto Stock Exchange ("TSX").
Temporary market maker: Canaccord Genuity Corp.
Security ownership registration: Non-certificated inventory system administered by CDS for the Common Shares and Warrants.
Investor relations: Everett Knight
Executive Vice President, Corporate Development and Capital Markets 416-599-4661

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Chris Buysen
Chief Financial Officer
Incorporation: Business Corporations Act (British Columbia)
Fiscal year end: November 30
Nature of business: The Company is a global leader in the end-to-end development and manufacturing of innovative, cannabinoid-based products. The Company is focused on being the partner of choice for leading Canadian and international cannabis brands by providing best-in-class, proprietary services including CO2, ethanol, hydrocarbon, solvent-less and terpene extraction, analytical testing, formulation and white-label product development and manufacturing.
Transfer agent and registrar: Computershare Trust Company of Canada ("Computershare") at its principal offices in Toronto and Vancouver for the Common Shares and Warrants.
Dividends: The Company does not anticipate paying cash dividends on the Common Shares in the foreseeable future.
Sponsorship: Not applicable.

Principal Terms of the Warrants

Symbol: VLNS.WT
Exercise price: $4.00 per Common Share
Expiry: April 9, 2021
Additional Information: Warrant indenture dated April 9, 2019 between the Company and Computershare.
TSX contact: Chris Birkett,
Toronto Stock Exchange.