NuZee takes in $1.36 million via private placement of common shares

Company sells 2.84 million shares at $0.48 each in offshore deal

By Toni Weeks

San Luis Obispo, Calif., July 18 - NuZee, Inc. concluded a $1.36 million private placement of stock on July 12, according to an 8-K filed Thursday with the Securities and Exchange Commission.

The company sold 2,837,792 common shares at $0.48 per share to non-U.S. persons in offshore transactions.

San Diego-based NuZee imports and distributes bottled spring water from New Zealand. It also produces natural and organically sourced products, including skincare products.

Issuer:	NuZee, Inc.
Issue:	Common stock
Amount:	$1,362,140
Shares:	2,837,792
Price:	$0.48
Warrants:	No
Settlement date:	July 12
Stock symbol:	OTCBB: NUZE

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