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Tauriga Sciences, Inc. Announces Results of Special Meeting of Shareholders Held on November 22, 2021

New York, NY, Nov. 23, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Tauriga Sciences, Inc. (OTCQB: TAUG) (“Tauriga” or the “Company”), a New York based diversified Life Sciences Company, today announced the results of its Special Meeting of stockholders held at 9:00am EST on November 22, 2021.

At the Special Meeting, Tauriga’s stockholders approved an amendment to our Articles of Incorporation (collectively, “Proposal 1”) to: (i) allow for consideration of the change of the name of our Company to Sublingual Technologies Inc.; (ii) allow action by our Board of Directors to affect a change in the name of our Company without further shareholder approval; and (iii) to increase the total number of authorized shares of common stock, par value $.00001 per share (“Common Stock”) from 400,000,000 to 750,000,000 shares. 

In addition, following the appointment of James V. Rosati and Chris Sferruzzo in March 2021 to the Company’s Board of Directors, in Proposal 2 of the Proxy Statement, we nominated the following slate of persons for election to the Company’s Board of Directors: Seth M. Shaw, Thomas J. Graham, James V. Rosati and Chris Sferruzzo. All of the foregoing nominees were overwhelmingly elected by our stockholders to serve as members of our Board of Directors.

Seth M. Shaw, Chief Executive Officer of Tauriga Sciences, stated, “The passage of all the matters put before the stockholders in this Special Meeting represent important milestones for the Company. We are grateful for the support shown by our stockholders and we thank everyone for his/her vote of confidence. I have spoken with many of you this last week and I appreciate your time, input, concerns, and advice. The Company is confident that it now has the flexibility and wherewithal to move ahead with important corporate initiatives – including its ongoing pharmaceutical development efforts.  The Company is laser focused on creating shareholder value in the short, intermediate, and long terms.”

ABOUT TAURIGA SCIENCES INC.

Tauriga Sciences, Inc. (TAUG) is a revenue generating, diversified life sciences company, engaged in several major business activities and initiatives. The company manufactures and distributes several proprietary retail products and product lines, mainly focused on the Cannabidiol (“CBD”) and Cannabigerol (“CBG”) Edibles market segment. The main product line, branded as Tauri-Gum, consists of a proprietary supplement chewing gum that is Kosher certified, Halal certified, and Vegan Formulated (CBD Infused Tauri-Gum Flavors: Mint, Blood Orange, Pomegranate), (CBG Infused Tauri-Gum Flavors: Peach-Lemon, Black Currant), (Vitamin C + Zinc Infused Tauri-Gum Flavor: Pear Bellini), (Caffeine Infused Tauri-Gum Flavor: Cherry Lime Rickey), & (Vitamin D3 Infused Tauri-Gum Flavor: Golden Raspberry). The Company’s commercialization strategy consists of a broad array of retail customers, distributors, and a fast-growing E-Commerce business segment (E-Commerce website: www.taurigum.com). Please visit our corporate website, for additional information, as well as inquiries, at http://www.tauriga.com Complementary to the Company’s retail business, is its ongoing Pharmaceutical Development initiative. This relates to the development of a proposed Pharmaceutical grade version of Tauri-Gum, for nausea regulation (specifically designed for the following indication: Patients Subjected to Ongoing Chemotherapy Treatment). On March 22, 2021, the Company announced that it had Converted its U.S. Provisional Patent Application (filed on March 17, 2020) into a U.S. Non-Provisional Patent Application. The Patent, filed with the U.S.P.T.O. is Titled “MEDICATED CBD COMPOSITIONS, METHODS OF MANUFACTURING, AND METHODS OF TREATMENT”. On December 18, 2020 the Company disclosed that it had entered into a Master Services Agreement with CSTI to lead the Company’s clinical development efforts.

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23.11.2021, 16:41  |  130   |   |   

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Tauriga Sciences, Inc. Announces Results of Special Meeting of Shareholders Held on November 22, 2021 New York, NY, Nov. 23, 2021 (GLOBE NEWSWIRE) - via NewMediaWire - Tauriga Sciences, Inc. (OTCQB: TAUG) (“Tauriga” or the “Company”), a New York based diversified Life Sciences Company, today announced the results of its Special Meeting of …

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