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Tauriga Sciences Inc. (TAUG) Completes $225,000 Private Placement With New York City Based Institutional Investor Magna Group  
5/24/2013 9:29:43 AM

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NEW YORK, May 24, 2013 (GLOBE NEWSWIRE) -- Tauriga Sciences, Inc. (OTCQB:TAUG) ("Tauriga" or the "Company"), a life sciences company creating a diversified portfolio of medical technology assets, novel medical devices and consumer healthcare, is pleased to announce that the Company has completed a $225,000 financing through a senior convertible note issued to a Magna Group LLC affiliate fund, Hanover Holdings I, LLC (the "Investor"), headquartered in New York, NY.

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