Tauriga Sciences, Inc. (OTC:TAUG) had big news for investors that propelled its stock higher Wednesday.
The New York-based revenue-generating company that operates through the development, distribution, and licensing of proprietary products as well as the evaluation of potential acquisition opportunities and equity investments, today announced that it has established its presence in The European Union through the opening of a corporate office in Barcelona, Spain.
“This highly strategic decision,” said Wednesday’s news release, “was effectuated by the Company, for several important purposes. These purposes relate to both international product revenue opportunities as well as banking and financial infrastructure.”
Shares in TAUG popped 3.5 cents, or 5.1% to 7.25 cents approaching noon ET on Wednesday, on volume of 115,000 shares.