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File: 2014-11-27 - News Release - announce PP.doc
VANC Pharmaceuticals announces Non Brokered Private Placement
November 27, 2014 - VANC Pharmaceuticals Inc. ("VANC" or the "Company") is pleased to announce a non-brokered private
--->placement of up to 7,333,333 units of the Company at a price of $0.15 per unit (the "Units") for gross proceeds of up
--->to $1,100,000 (the "Offering").
Each Unit will consist of one (1) common share (the "Common Share") and one half (1/2) transferrable share purchase wa
--->rrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to purchase one (1) additional
--->common share for a period of twelve (12) months from the Closing Date of the Offering at a price of CDN$0.25 per Commo
--->n Share.
Proceeds from the Offering will be used by VANC for general ongoing corporate and working capital purposes.
"With this round of financing we will be building inventory and adding a sales and marketing team to introduce our gen
--->eric drug portfolio along with our OTC products to the Canadian market," said Arun Nayyar, CEO of VANC, "Our team is e
--->xcited to be another step closer to our commercialization goals".
In connection with the Offering, the Company may pay a finder's fee pursuant to the policies of the TSX Venture Exchan
--->ge.
This Offering is subject to receipt of all necessary approvals including approval of the TSX Venture Exchange and the
--->Company's Board of Directors.
On behalf of:
VANC Pharmaceuticals Inc.
Jamie Lewin,
Director and CFO
jlewin@vancpharm.com
Cautionary Note Regarding Forward-looking Statements: Information in this press release that involves VANC's expectati
--->ons, plans, intentions or strategies regarding the future are forward-looking statements that are not facts and involv
--->e a number of risks and uncertainties. VANC generally uses words such as "outlook," "will," "could," "would," "might,"
---> "remains," "to be," "plans," "believes," "may," "expects," "intends," "anticipates," "estimate," "future," "plan," "p
--->ositioned," "potential," "project," "remain," "scheduled," "set to," "subject to," "upcoming," and similar expressions
---> to help identify forward-looking statements. The forward-looking statements in this release are based upon informatio
--->n available to VANC as of the date of this release, and VANC assumes no obligation to update any such forward-looking
--->statements. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These state
--->ments are not guarantees of the future performance of VANC and are subject to risks, uncertainties and other factors,
--->some of which are beyond its control and may cause actual results to differ materially from current expectations.
File: 2014-11-27 - News Release - announce PP.pdf
Suite 615- 800 W. Pender St. Phone: 6
--->04-687 -2038
Vancouver, British Columbia, Fax: 6
--->04-687- 3141
V6C 2V6
TSX-V: NPH
OTCQB: NUV
--->PF
NEWS RELEASE
VANC Pharmaceuticals announces
Non Brokered Private Placement
November 27, 2014 � VANC Pharmaceuticals Inc. ("VANC" or the "Company") is pleased to
announce a non-brokered private placement of up to 7,333,333 units of the Company at a price
of $0.15 per unit (the "Units") for gross proceeds of up to $1,100,000 (the "Offering").
Each Unit will consist of one (1) common share (the "Common Share") and one half (1/2)
transferrable share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will
entitle the holder thereof to purchase one (1) additional common share for a period of twelve
(12) months from the Closing Date of the Offering at a price of CDN$0.25 per Common Share.
Proceeds from the Offering will be used by VANC for general ongoing corporate and working
capital purposes.
"With this round of financing we will be building inventory and adding a sales and marketing
team to introduce our generic drug portfolio along with our OTC products to the Canadian
market," said Arun Nayyar, CEO of VANC, "Our team is excited to be another step closer to our
commercialization goals".
In connection with the Offering, the Company may pay a finder's fee pursuant to the policies of
the TSX Venture Exchange.
This Offering is subject to receipt of all necessary approvals including approval of the TSX
Venture Exchange and the Company's Board of Directors.
On behalf of:
VANC Pharmaceuticals Inc.
Jamie Lewin,
Director and CFO
jlewin@vancpharm.com
Cautionary Note Regarding Forward-looking Statements: Information in this press release that involves VANC's exp
--->ectations,
plans, intentions or strategies regarding the future are forward-looking statements that are not facts and invol
--->ve a number of
risks and uncertainties. VANC generally uses words such as "outlook," "will," "could," "would," "might," "remain
--->s," "to
be," "plans," "believes," "may," "expects," "intends," "anticipates," "estimate," "future," "plan," "positioned,
--->" "potential,"
"project," "remain," "scheduled," "set to," "subject to," "upcoming," and similar expressions to help identify f
--->orward-looking
statements. The forward-looking statements in this release are based upon information available to VANC as of th
--->e date of this
release, and VANC assumes no obligation to update any such forward-looking statements. Forward-looking statement
--->s believed
to be true when made may ultimately prove to be incorrect. These statements are not guarantees of the future per
--->formance of
VANC and are subject to risks, uncertainties and other factors, some of which are beyond its control and may cau
--->se actual
results to differ materially from current expectations.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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