Chanticleer Holdings to Open 7th American Burger Co.

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News Desk 2018
Chanticleer Holdings to Open 7th American Burger Co. Location in Charlotte, NC

CHARLOTTE, NC --(Marketwired - September 15, 2016) - Chanticleer Holdings, Inc. ( NASDAQ : HOTR ) ("Chanticleer," or the "Company"), owner, operator and franchisor of multiple branded restaurants in the U.S. and abroad, today announced that its better burger concept, American Burger Co. ("ABC"), has signed a lease and expects to open a new location at Prosperity Village Square in Charlotte, North Carolina this coming spring.

Prosperity Village Square, which is currently under construction, is located in the Highland Creek area of northern Charlotte, and will have street and sidewalk interconnectivity with a 292 unit multifamily development being constructed adjacent to the shopping center.

Rich Adams, President and COO of American Burger Co., commented, "We are very excited to bring American Burger Company to North Charlotte. Highland Creek is one of the city's fastest growing areas, and over the past year we have had many requests from our loyal fans to bring American Burger further north. We look forward to serving the many families in the area."

The Company intends to fund this new restaurant utilizing the EB-5 program.

About Chanticleer Holdings, Inc.

Headquartered in Charlotte, NC, Chanticleer Holdings (HOTR), owns, operates and franchises fast casual and full service restaurant brands, including American Burger Company, BGR: The Burger Joint, Little Big Burger, Just Fresh and Hooters.

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

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