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Published on 4/12/2012 in the Prospect News PIPE Daily.

California Grapes inks $10 million reserve equity financing agreement

Offering with AGS slated to fund growth and expansion opportunities

By Devika Patel

Knoxville, Tenn., April 12 - California Grapes International, Inc. said it has negotiated a reserve equity financing agreement for $10 million with AGS Capital Group, LLC.

Proceeds will be used to pursue new opportunities for growth and expansion.

Based in Henderson, Nev., the company provides full service export, marketing, promotions, distribution and sales for the California wine industry.


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