Navigation Links
Fountain Healthy Aging Inc Announces $5,000,000 Equity Line Of Credit Investment Secured
Date:8/12/2009

LOS ANGELES, August 12 /PRNewswire-FirstCall/ -- Fountain Healthy Aging Inc. announced on August 12 2009 that it had entered into an agreement with Dunn Capital Partners and Oak Resources Limited which provides the Company with a $5,000,000 Equity Line of Credit investment. Under the terms of the agreement, Fountain has the right to draw down from the Equity Line Investment in tranches of up to $1,000,000 each, for a term of 24 months. The first tranche investment of $1,000,000 was drawn down by Fountain on August 10 2009.

Fountain CEO, Paul Hunston, said "We are very pleased to have secured this $5,000,000 equity line of credit, which will enable us to fully implement our business plan and accelerate the Company's growth both within the US and internationally. This is great news for both Fountain and its shareholders."

Michael Bailey, head of Equity Capital markets at Dunn Capital Partners said: "We take pride in our ability to identify companies with strong management teams, growth potential and competitive advantages. We are delighted that through Oak Resources, we have been able to make this investment in Fountain. We think Fountain is perfectly positioned to leverage its high quality and natural product range and take advantage of its unique positioning in the market place. We look forward to working with Oak Resources and Fountain in helping the Company realize and execute its full growth potential."

About Fountain Healthy Aging

Fountain Healthy Aging is a company specifically focussed in the anti aging industry, which is one of the quickest growing industry sectors worldwide. We have a range of products targeted at the anti-aging market, including our revolutionary flagship product Vitalife, which we believe is ready to make a massive impact in the anti-aging industry. We recognize the importance of the anti-aging sector, an emerging dynamic within the overall health and wellness revolution. We believe that we are uniquely positioned to capitalize on this rapidly growing trend, first with our unique flagship product, rapidly followed by our other products which have been specifically developed for this market. Fountain Healthy Aging's main focus is on the specialty, premium product category, which is a growing segment of the market that provides gross margins significantly higher that the lower-priced, mainstream health products market.

About Dunn Capital Partners

Dunn Capital Partners is a private investment company and is focused on investing in growing Small Cap issuers with solid fundamentals.

Dunn Capital Partners typically invests anywhere from $10,000,000 to $250,000,000+ with companies seeking a long-term funding partner and a strategic partner to support its growth.

Dunn Capital Partners is committed to investing in companies with strong management who have the ability to execute their business plan upon the receipt of growth capital.

Dunn Capital Partners is industry and geography agnostic

The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.

    For more information please contact:

    Paul Hunston
    Fountain Healthy Aging Inc
    paul.hunston@athertonhealth.com
    Direct: +44-1386-882262

    Michael Bailey
    Head of Equity Capital Markets
    Dunn Capital Partners
    info@dunncapital.ca
    Direct: +1-613-325-2676


'/>"/>
SOURCE Fountain Healthy Aging Inc
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Fountain of Life Group Debuts VaNu at the Pro Football Hall of Fame Enshrinement Weekend
2. Fountain of Life Group, LLC Introduces VaNu 2Go+
3. Fountain View of Monroe Participates in Illegal Union Busting Campaign
4. Retirement Living TV Reveals: Sex Is The Real Fountain of Youth
5. PA Commission for Women Kicks Off Breast Cancer Awareness Month With Pink Fountain Tour
6. Healthy Lifestyles Are In - Magic Bullets Are Out
7. As Aging Populations Rise, World-Renowned Aging Experts Will Convene to Share Insights into How to Achieve a Healthy Lifespan
8. For Healthy Aging, Maintaining Muscle is a Must
9. Get Back to School the Healthy Way
10. More Evidence Healthy Living Brings Long Life
11. Electronic Health Records Help Cardiac Patients Remain Healthy
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/26/2016)... ... June 27, 2016 , ... Quality metrics are proliferating in cancer ... they remain in the eye of the beholder, according to experts who offered insights ... American Journal of Managed Care. For the full issue, click here . , ...
(Date:6/26/2016)... ... June 26, 2016 , ... Pixel Film Studios Released ProSlice ... "Film editors can give their videos a whole new perspective by using the ... of Pixel Film Studios. , ProSlice Levels contains over 30 Different presets to ...
(Date:6/26/2016)... ... ... Kasmer, a legally blind and certified personal trainer is helping to develop a weight loss ... plans to fix the two major problems leading the fitness industry today:, ... , They don’t eliminate all the reasons people quit their exercise program ...
(Date:6/25/2016)... ... June 25, 2016 , ... Experts from the ... AcademyHealth’s Annual Research Meeting June 26-28, 2016, at the Hynes Convention Center in ... topics including advance care planning, healthcare costs and patient and family engagement. , ...
(Date:6/25/2016)... ... , ... The temporary closing of Bruton Memorial Library on June 21 due to a possible ... often overlooked aspect of head lice: the parasite’s ability to live away from a human ... but a necessary one in the event that lice have simply gotten out of control. ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... Pa. , June 23, 2016 Bracket ... will launch its next generation clinical outcomes platform, Bracket eCOA ... Meeting held on June 26 – 30, 2016 in ... the first electronic Clinical Outcome Assessment product of its kind ... Booth #715. Bracket eCOA 6.0 is a flexible ...
(Date:6/23/2016)... announced the establishment of Astellas Farma Colombia (AFC), a new affiliate with operations headquartered in Bogota. Colombia ... ... ... ... Astellas is a pharmaceutical ...
(Date:6/23/2016)... , June 23, 2016 The vast ... an outpatient dialysis facility.  Treatments are usually 3 times ... hours per visit, including travel time, equipment preparation and ... patient, but especially grueling for patients who are elderly ... a skilled nursing and rehabilitation centers for some duration ...
Breaking Medicine Technology: