Green Innovations Subsidiary Green Hygienics Signs $1M Inventory Financing Agreement with Crossroads Financial

Green Innovations Ltd. GNIN is pleased to announce that its wholly-owned subsidiary, Green Hygienics, Inc. ("Green Hygienics"), has signed a $1.0 million inventory financing agreement (the "Agreement") with Crossroads Financial, LLC ("Crossroads"), a Florida-based inventory and purchase order financing company. As per terms of the Agreement between the two companies, Crossroads will supply Green Hygienics with up to $1.0 million in stand-alone secured inventory lines of credit. "We are very pleased to have established an inventory funding relationship with Crossroads as it will be a very valuable and strategic tool for us going forward," stated Mr. Bruce Harmon, Chief Executive Officer of Green Innovations. "Accessing a non-equity based secured inventory financing package will allow us to quickly raise additional capital when we require it to grow the business and prepare to potentially complete larger product orders without the need to issue any new shares."
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