Chanticleer Holdings Announces Filing of Shelf Registration Statement and Signs Letter of Intent to Acquire Pacific Northwest-Based "Better Burger" Chain

CHARLOTTE, NC -- (Marketwired) -- 04/27/15 -- Chanticleer Holdings, Inc. (NASDAQ: HOTR) ("Chanticleer," or the "Company"), owner and operator of multiple restaurant brands internationally and domestically, today announced the filing of a shelf registration statement on Form S-3 with the Securities and Exchange Commission ("SEC"). Additionally, Chanticleer Holdings announced that it has entered a Letter Of Intent (LOI) for the acquisition of an eight store, award-winning "better burger" concept in the Pacific Northwest. 

The shelf registration statement, once declared effective by the SEC, will provided Chanticleer Holdings with the flexibility to access the public capital markets in order to respond to strategic business opportunities. The registration statement will provide the opportunity for the Company to offer and sell, from time to time, up to $15,000,000 million of securities in the form of common stock, warrants, units or rights during the three-year period following its effective date. The terms of any offering by Chanticleer under the shelf registration statement will be established at the time of such offering and will be described in a prospectus supplement filed with the SEC prior to completion of the offering.

In addition, because Chanticleer is required to register 900,000 shares of its common stock underlying certain securities owned by certain investors under the terms of a registration rights agreement previously entered into by the parties, the registration statement includes such shares and permits those investors to sell their shares should they wish to do so in the future. With the exception of the shares registered for these investors, this registration statement only permits sales of securities by Chanticleer for its own account.

The registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Any offering of the securities covered under the shelf registration statement will be made solely by means of a prospectus and, as required, an accompanying prospectus supplement relating to that offer. The registration statement is available without charge on the website of the Securities and Exchange Commission at www.sec.gov and may also be obtained from https://ir.stockpr.com/chanticleerholdings/all-sec-filings. When available, copies of any prospectus related to an offering under the registration statement may be obtained from Chanticleer Holdings, Inc., Attn: Eric Lederer, 7621 Little Ave - Suite 414, Charlotte, NC 28226, 704-366-5122.

Additionally, Chanticleer Holdings announced that it has entered a LOI for the acquisition of an eight store, award-winning "better burger" concept in the Pacific Northwest. This acquisition would considerably expand Chanticleer's presence in the Pacific Northwest region and further expand the company's presence in the better burger sector. 

"As a fast growing company with a clear acquisition strategy to augment organic growth, having a shelf in place provides additional financial flexibility to access growth capital. The recently signed LOI is further evidence of this strategy, adding to the three acquisitions we have made in the better burger space. We are excited about the success of our restaurant portfolio to date and look forward to continuing to scale the business and drive enhanced profitability for shareholders." 

About Chanticleer Holdings, Inc
Headquartered in Charlotte, NC, Chanticleer Holdings (HOTR), together with its subsidiaries, owns and operates restaurant brands in the United States and internationally. The Company is a franchisee owner of Hooters® restaurants in international markets including Australia, South Africa, and Europe, and two Hooters restaurants in the United States. The Company also owns and operates American Burger Co., BGR: The Burger Joint, and owns a majority interest in Just Fresh restaurants in the U.S.

For further information, please visit www.chanticleerholdings.com 
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Forward-Looking Statements:
Any statements that are not historical facts contained in this release are "forward-looking statements" as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as "expects," "plans," "projects," "will," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions, the performance of management and our employees, our ability to obtain financing or required licenses, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. The forward-looking statements contained in this press release speak only as of the date the statements were made, and the companies do not undertake any obligation to update forward-looking statements. We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA.

Contact:
Chanticleer Holdings, Inc.
Investor Relations
Phone: 704.366.5122
ir@chanticleerholdings.com

Investor Relations
John Nesbett/Jennifer Belodeau
Institutional Marketing Services (IMS)
Phone 203.972.9200
jnesbett@institutionalms.com

Source: Chanticleer Holdings, Inc.

Released April 27, 2015