CHARLOTTE, NC --(Marketwired - August 29, 2016) - Chanticleer Holdings, Inc. (
Progress Ridge TownSquare is a 325,000 square foot family entertainment, restaurant, and shopping destination. Little Big Burger at Progress Ridge will be the concept's largest location at 2,100 square feet.
Mike Pruitt, Chairman and CEO of Chanticleer Holdings, commented, "We are pleased to have extended the geographic scope of our financial partnership to provide more opportunity to drive organic growth in the Pacific Northwest with one of our best performing brands utilizing strategic, non-dilutive capital. This is the first of a 10 store commitment with this financial partner. We have also signed our first lease in the Seattle area and look forward to continuing to build the LBB brand in the Pacific Northwest."
About Chanticleer Holdings, Inc. Headquartered in Charlotte, NC, Chanticleer Holdings (HOTR), together with its subsidiaries, owns and operates restaurant brands in the United States and internationally. The Company is a franchisee owner of Hooters® restaurants in international markets including Australia, South Africa, and Europe, and two Hooters restaurants in the United States. The Company also owns and operates American Burger Co., BGR the Burger Joint, Little Big Burger, and owns a majority interest in Just Fresh restaurants in the U.S.
For further information, please visit www.chanticleerholdings.com Facebook: www.Facebook.com/ChanticleerHOTR Twitter: http://Twitter.com/ChanticleerHOTR Google+: https://plus.google.com/u/1/b/118048474114244...5161/posts
Forward-Looking Statements: Any statements that are not historical facts contained in this release are "forward-looking statements" as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as "expects," "plans," "projects," "will," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions, the performance of management and our employees, our ability to obtain financing or required licenses, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. The forward-looking statements contained in this press release speak only as of the date the statements were made, and the companies do not undertake any obligation to update forward-looking statements. We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA.
Contact Information: Chanticleer Holdings, Inc. Investor Relations Phone 704.366.5122 ir@chanticleerholdings.com Investor Relations John Nesbett/Jennifer Belodeau Institutional Marketing Services (IMS) Phone 203.972.9200 jnesbett@institutionalms.com
