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Tally-Ho Ventures Signs Stock Purchase Agreement to Raise $2.2 Million in Private Placement.

LUXEMBOURG Luxembourg, province, Belgium
Luxembourg, Du. Luxemburg, province (1991 pop. 232,813), 1,706 sq mi (4,419 sq km), SE Belgium, in the Ardennes, bordering on the Grand Duchy of Luxembourg in the east and on France in the south.
 -- Tally-Ho tally-ho
interj

the cry of a participant at a hunt when the quarry is sighted
 Ventures, Inc., (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
: TLYH), an international wealth management firm, today announced that it has entered into a Securities Purchase Agreement (S.P.A.) with Mercatus & Partners Ltd., a long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 value-oriented investment firm, for gross proceeds of US $2.2 million.

Nigel Nigel is a masculine name of English origin and is another form of the name Neil, which is more commonly used. The origin of the name is unusual, as it comes from the form medieval scribes writing in Latin used to "translate" Neil, and the "g" in the name comes from  Gregg Gregg can refer to:
  • The forename, as in "Gregg Van Leuven": see (Greg)
  • The surname, as in "Judd Gregg": see Gregg (surname)
  • John Robert Gregg, the inventor of Gregg shorthand: see John Robert Gregg
, Chief Executive Officer of Tally-Ho Ventures, stated that "This is the first phase of financing from which the proceeds will go toward the final payment due Protrust Private Clients, S.A., which Tally-Ho acquired in August 2006, as well as toward the acquisition of Primus Produkt & Vertriebs Management, S.A., with which the Company signed a letter of intent in September 2006."

About Tally-Ho Ventures, Inc.

Tally-Ho Ventures, Inc. is an independent, international private wealth management organization. The Company's Swiss-based MasterTrust, S.A., subsidiary (formerly known as Protrust Private Clients) and its Luxembourg-based Master Finance Holdings, S.A., provide asset management services for high net worth individuals, corporations, trust funds and small institutions.

Forward-Looking Statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, the independent authority of the special committee to act on the matters discussed, the successful negotiation of the potential acquisition and disposal of transactions described above, successful implementation of the company's business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent Form 10-QSB and Form 10-KSB filings with the Securities and Exchange Commission.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 24, 2006
Words:350
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