Chanticleer Holdings to Open Tenth Little Big Burger Location in Beaverton, OR

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CHARLOTTE, NC--(Marketwired - February 29, 2016) -  Chanticleer Holdings, Inc. (NASDAQ: HOTR) ("Chanticleer" or the "Company"), owner and operator of multiple restaurant brands internationally and domestically, today announced that its better burger concept, Little Big Burger ("LBB"), expects to open a new location at Progress Ridge TownSquare in Beaverton, Oregon this summer.

Progress Ridge TownSquare is a 325,000 square foot family entertainment, restaurant, and shopping destination. Little Big Burger at Progress Ridge will be the concept's largest location at 2,100 square feet. As previously announced, the Company also plans to open its ninth LBB location in Portland's Lloyd District in May.

Adrian Oca, Director of Operations for the Pacific Northwest for Chanticleer Holdings, Inc, commented, "We are very pleased to expand our presence in the Portland market with the upcoming addition of our tenth location. Like many others in the area, I work in Portland and live on the Westside. The Little Big Burger at Progress Ridge will be the first in that community, and a convenient and welcome addition for Westside dwellers who are already loyal to the brand as well as to a new audience of diners in Beaverton and Tigard."

Rich Adams, President and COO of American Burger Co., commented, "Since our acquisition of Little Big Burger in September 2015, our LBB stores have achieved impressive results. We are excited to open our tenth location, making the brand significantly more accessible to the Westside community. Earlier this month, we also announced our strategy to further expand the LBB reach in the Pacific Northwest with the opening of ten new locations in the Seattle area. I am very pleased with the progress of our expansion and I am optimistic about LBB's future."

About Chanticleer Holdings, Inc.
Headquartered in Charlotte, NC, Chanticleer Holdings (HOTR), together with its subsidiaries, owns and operates restaurant brands in the United States and internationally. The Company is a franchisee owner of Hooters® restaurants in international markets including Australia, South Africa, and Europe, and two Hooters restaurants in the United States. The Company also owns and operates American Burger Co., BGR the Burger Joint, Little Big Burger, and owns a majority interest in Just Fresh restaurants in the U.S.

For further information, please visit www.chanticleerholdings.com
Facebook: www.Facebook.com/ChanticleerHOTR
Twitter: http://Twitter.com/ChanticleerHOTR
Google+: https://plus.google.com/u/1/b/118048474114244335161/118048474114244335161/posts

Forward-Looking Statements: Any statements that are not historical facts contained in this release are "forward-looking statements" as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as "expects," "plans," "projects," "will," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions, the performance of management and our employees, our ability to obtain financing or required licenses, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. The forward-looking statements contained in this press release speak only as of the date the statements were made, and the companies do not undertake any obligation to update forward-looking statements. We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA.

Contact Information:
Chanticleer Holdings, Inc.
Investor Relations
Phone 704.366.5122
ir@chanticleerholdings.com 

Investor Relations
John Nesbett/Jennifer Belodeau
Institutional Marketing Services (IMS)
Phone 203.972.9200
jnesbett@institutionalms.com

Marketwired
February 29, 2016 - 8:01 AM EST


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