Tekcapital share price soars over 30 percent after Salarius distribution deal

The share price of Tekcapital (TEK) soared by over 30 percent after a deal was struck with Gehring-Montgomery for the distribution of Salarius microsalt across the US.

Tekcapital was recently featured in the Shaerebuyers going for growth series – with Executive Chairman Dr. Clifford Gross providing a comprehensive overview of the ambitions of the company.

Salarius is a patented salt that is designed to dissolve in the mouth faster than regular salt but at the same time result in 50% less sodium intake. The balance increases the sensation of salt due to micron-size particles dissolving quickly.

Gehring-Montgomery delivers a variety of food and raw materials to customers across sectors in North America and praised Salarius for its health-benefits:

Our partnership with Salarius complements our overall U.S. strategy offering, providing a highly innovative specialty, such as “Microsalt”, a cutting-edge ingredient, allowing consumers to lower their sodium intake yet maintain the product’s full flavor.  This meets the challenges of the general public’s demand for ground-breaking, healthy alternatives that result in sodium reduction formulation,”

Mark Bitting, President and MD of Gehring-Montgomery

The share price of TEK is currently at 13.2p following a 32% rise in early trading.

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