Business News

Hat Trick Beverages (HKBV) Pushes Ahead With European Merger Candidate

Tuesday 21. October 2008 - Hat Trick Beverages Inc. (HKBV.PK) is providing this update to its followers and shareholders regarding the proposed merger of Tango Cafe; the issuer's operating subsidiary, with the previously announced European coffee manufacturer.

Hat Trick CEO, Sender Vaiser, explains; “Our team has just returned from Europe with the due diligence process. So far all indications point that we should move forward with this process which we believe will be a beneficial one for all concerned. We have also asked our corporate advisor to find us a suitable operation for the surviving entity Hat Trick. They specialize in Chinese based companies and some European markets as well. We have been presented with some very unique Chinese based opportunities however at this point it is premature until we get closer to the actual merger between Tango Cafe our operating subsidiary and the targeted European merger candidate previously announced.”

The company plans on making further timely announcements as they become available.