EastGate Biotech Announces Engagement of the Kell Group Limited for Introduction to Various Sources of Funding for Company Initiatives
The Kell Group Limited served as an agent for related-party advances.
WEST CALDWELL, N.J., August 29, 2017 (Newswire.com) - EastGate Biotech Corp. (OTC PINK: ETBI), an emerging pharmaceutical company that focuses on innovative pharmaceutical developments and produces and distributes innovative and healthy nutraceuticals based on natural therapies has announced that it has engaged The Kell Group Limited to serve as an agent for the company for the purposes of introducing various sources of funding to the company including grants, project financing and equity financing. The goal of any financing transactions will be used for company initiatives.
The Kell Group Limited is a private corporation that was established in Canada over 25 years ago and has been actively involved in corporate financing initiatives, the construction development business, private lending for real estate projects and business development consulting. The company is in the process of establishing a multi-million dollar fund in order to directly support their various projects they have both in domestic and international markets.
The Kell Group has already successfully served as an agent for funding with respect to related-party advances to the company.
“We are pleased to be working with a group that has a long standing reputation with a wide financial network," said Anna Gluskin, CEO of EastGate. "We are looking forward to moving into an exciting stage with some of our developments that have different requirements and funding strategies for which we believe The Kell Group Limited is best suited to assist in these plans and we hope will increase their shareholding position in the company," concludes Gluskin.
About EastGate Biotech
EastGate Biotech focuses on innovative pharmaceutical developments and produces and distributes innovative and healthy nutraceuticals that are based on natural therapies and absorbed naturally by the body. We utilize advanced nanotechnologies to deliver healthy alternatives to conventional pharmaceuticals that all-too-often create dangerous side-effects and unexpected consequences for those trying to attain and maintain healthy lives.
Our research and development team are dedicated to providing the best nutraceutical products for your natural comfort, health, and well-being. We invite you to explore the naturally healthy benefits of EastGate Biotech.
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Source: EastGate Biotech Corp.