Harrys announces First Order and Non-Brokered Private Placement of Units



Harrys® cigarettes are designed and blended for adult tobacco consumers who are looking for a quality product in the value priced segment of the cigarette market.  "We are delighted that we'll soon be able to offer a Canadian-made product to adult tobacco consumers in Western Canada", says Ken Storey, President & CEO.  

Non-Brokered Private Placement of Units

The Company also wishes to announce a non-brokered private placement of up to 5,000,000 units (the "Units") of the Company at a price of $0.12 per Unit to raise total proceeds of up to $600,000 (the "Offering").

The Company intends to use the proceeds from the Offering for general working capital purposes and to fund the Company's entrance into the Canadian tobacco market, including initial product inventory purchases, regulatory security deposit requirements and staffing.  

About Harrys

Harrys is a wholesale distributor of value priced, high quality, 100% natural tobacco cigarettes.  Harrys utilizes various types of tobacco blends to satisfy customer demands and preferences for products that meet Health Canada standards. Harrys' management team brings over 50 years of combined experience in the domestic and international tobacco industry.

For more information, please visit: www.harrysmfg.com

ON BEHALF OF THE BOARD

Ken Storey
President & CEO

For further information, please contact:

Corporate Communications
Telephone: 604-349-3011
Email: [email protected]

Information in this news release concerning the Company's products is intended for the exclusive use of market investors and is not in any way intended to promote tobacco products to consumers, which is prohibited by Canadian law.

Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENTS:

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

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