24.12.2014 13:48:07

Tauriga Says Dragoon Invests Additional $150,000 Of Private Placement Capital

(RTTNews) - Tauriga Sciences, Inc. (TAUG), a diversified life sciences company, said Tokyo, Japan-based Dragoon Capital, Inc. has invested an additional $150,000 of private placement capital into Tauriga, at a price of $0.0125 per share and there were no warrants offered in conjunction with this financing.

To this date, Dragoon has now invested $500,000 of private placement capital into Tauriga. The company plans to use this additional capital to increase production of its TopiCanna brand of topical medicinal cannabis cream and establish a marketing campaign.

The firm continues to work diligently toward the completion of the definitive distribution agreement with Japanese distributor iFLOW, Inc. In anticipation of such agreement, the company has been developing a TopiCanna product specific for the Japanese marketplace that incorporates Cannabidiol from the stem of the plant.

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