Tauriga Sciences Inc. (TAUG) Executes $1 Million Term Sheet With Institutional Investor Following The Company's MOU Signed With California's Leading Manufacturer Of Topical And Medicinal Cannabis Products
3/3/2014 8:51:01 AM
LOS ANGELES, March 3, 2014 (GLOBE NEWSWIRE) -- Tauriga Sciences Inc. (OTCQB:TAUG) or ("Tauriga" or "the Company"), a diversified company focused on generating profitable revenues through license or acquisition agreements and the development of a proprietary technology platform in the nanorobotics space, has today announced the execution of a non-binding term sheet of up to $1,000,000 USD to fund, in part, the Company's previously announced proposed acquisition of California's leading manufacturer of topical and medicinal cannabis products ("the Cannabis Manufacturer"). The final terms between the Company and the institutional investor ("the investor") will be disclosed in a to-be-finalized binding agreement.
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