CHARLOTTE, NC–(Marketwired – April 08, 2014) – Chanticleer Holdings, Inc. (NASDAQ: HOTR) (“Chanticleer,” or the “Company”), owner and operator of multiple restaurant brands internationally and domestically, today announced that the Company has executed a purchase agreement for a commercial building intended for its sixth South Africa Hooters restaurant. Final closing is expected to occur in approximately eight to ten weeks upon the registration of transfer of the property. As Chanticleer’s first real estate purchase, the prime standalone site sits on the corner of one of the busiest intersections in the heart of Port Elizabeth, South Africa.

Source: http://www.marketwired.com/mw/release.do?id=1897378&sourceType=3

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