Canoga Park, CA, February 17, 2017 --(PR.com
)-- US Nuclear Corp. (the “Company”) (OTC Pink: UCLE) announced today that it is increasing its current offering of restricted common stock at $.30 per share from 2,000,000 shares to 7,000,000 shares pursuant to the terms of a private placement memorandum in reliance on Rule 506(b) of Regulation D. The offering will remain open through May 1, 2017. President and CEO Robert Goldstein stated, “We continue to explore capital raising options intended to drive our short-term and long-term objectives, and we believe the increase of shares and the extension of this offering furthers this strategy.”
About US Nuclear Corp.
The Company is a Delaware corporation designing and manufacturing nuclear radiation detection and safety equipment, drone mounted sensors, survey meters, air and water monitors, port security equipment and tritium air monitors for a broad base of clients. The Company is reporting with the United States Securities and Exchange Commission, and thus directs any reader of this release to www.sec.gov/edgar and the Company’s filings. This release is not intended to serve as a direct or indirect solicitation of its securities. Rather, the information herein is being released as a disclosure to the public about an event within the Company. The Company is a publicly traded company on the OTC Markets Group Inc.; OTC Pink listing venue.
Forward Looking Statement
This press release contains forwardlooking statements that relate to expectations, beliefs, projections, future plans and strategies, anticipated events and similar expressions. Forwardlooking statements may be identified by use of words such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "estimates," or "potential" or similar words or phrases which are predictions of or indicate future events or trends. Statements such as those concerning potential acquisition activity, investment objectives, strategies, opportunities, other plans and objectives for future operations or economic performance are based on the Company's current expectations, plans, estimates, assumptions and beliefs that involve numerous risks and uncertainties. Any of these statements could prove to be inaccurate and actual events or investments and results of operations could differ materially from those expressed or implied. To the extent that the Company's assumptions differ from actual results, the Company's ability to meet such forwardlooking statements may be significantly and negatively impacted. You are cautioned not to place undue reliance on any forwardlooking statements and the Company disclaims any obligation to publicly update or revise any forwardlooking statement to reflect changes in underlying assumptions or factors, new information, future events or other changes. Please refer to Company's filings with the Securities and Exchange Commission for further information. For further information, please contact Robert Goldstein, President and Chief Executive Officer, (818) 8837043; email@example.com