Fountain Healthy Aging Inc Announces $5,000,000 Equity Line Of Credit Investment Secured



    LOS ANGELES, Aug. 12 /CNW/ - 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 further information:

For further information: 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:
(613) 325-2676

Organization Profile

FOUNTAIN HEALTHY AGING INC

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890