ORWIGSBURG, PA--(Marketwired - Dec 13, 2016) - Yuengling's Ice Cream Corporation, a super-premium ice cream company focused on the production of high quality ice cream and other dairy products announced today that the Company is raising up to $5 million in a private placement. The offering will be facilitated by BANQ® www.banq.co, the online division of TriPoint Global Equities LLC, a FINRA member broker-dealer and will be conducted under Rule 506(c) of Regulation D promulgated by the SEC under the Securities Act.

The Company intends to use the proceeds from the offering for growth initiatives including expanding inventory, promotions, advertising, new product and business development and production plant development as well as for expenses associated with a planned public offering of its shares under Regulation A+ of the JOBS Act of 2012. "We are very excited that many of our customers, who already have been asking, will be able to become shareholders," commented President, David Yuengling.

Regulation A+ is designed to allow early stage growth companies to raise up to $50 million in a public offering through a process that provides streamlined and lower-cost access to the capital markets for the issuer and provides non-accredited investors the opportunity to participate in an IPO for these potentially high growth companies.

The current offering of up to $5 million is only available to accredited investors. Accredited investors that are interested in reviewing the offering materials, including the Private Placement Memorandum (PPM), diligence and subscription documents and subscribing to the offering can do so on BANQ®'s website at www.banq.co or directly at http://www.banq.co/causes/yuengling. The securities offered in the offering will not be and have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

About Yuengling's Ice Cream

Yuengling's Ice Cream, based in northeastern PA, is a family-owned business dating back to 1920. The 21 flavors of its super-premium ice cream are kosher, PA Preferred and adhere to the highest standards. Ever mindful of the community, the company donates at least three percent of its profits to charitable organizations. For more information about Yuengling's Ice Cream and for a store locator, visit www.yuenglingsicecream.com.

Since its early 2014 launch, Yuengling's Ice Cream has seen record growth. Initially selling out its first three months' supply in just two weeks due to high demand, the company surpassed its three-year sales goals in the first year on the market. In its first two years since returning to grocery store shelves, national syndicated data confirmed that the brand is up 110 percent in dollar sales over the prior year. The super-premium ice cream is now available in 22 states from Ohio and West Virginia in the west, to Maine, Massachusetts and Vermont in the east, and Georgia and the Carolinas in the south.

About TriPoint Global Equities, LLC

TriPoint Global Equities, LLC ("TriPoint"), a FINRA member firm, is a boutique investment bank, with corporate finance and sales and trading services. TriPoint focuses on providing U.S. and non-U.S. companies of up to $500 million in revenue with capital raising, corporate finance advisory services and assistance with navigating the regulatory environment for companies listing on U.S. markets. BANQ®, the online division of TriPoint, is a fully electronic platform that takes the entire public and private offering process online and provides instantaneous confirmation and deposit of all investment transactions. BANQ® allows issuers to conduct offerings and raise capital under Regulation A+. BANQ® widely markets its offerings utilizing the new general solicitation and advertising rules promulgated by the U.S. Securities & Exchange Commission, in response to the passage of the JOBS Act of 2012. In addition BANQ® offers some of the lowest trading costs in the industry at $.99 and $3.95. For more information visit www.tripointglobalequities.com and www.banq.co.

506(c) Offering Legend

Yuengling's Ice Cream Corporation is currently undertaking a private placement pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the "Securities Act"), and/or Rule 506 of Regulation D promulgated thereunder. Investors should consider the investment objectives, risks, and investment time horizon carefully before investing. The PPM relating to the offering by Yuengling's Ice Cream will contain this and other information about Yuengling's Ice Cream and should be read carefully before investing. Copies of the PPM relating to the offering by Yuengling's Ice Cream may be obtained, when available, by accessing BANQ®'s website at www.banq.co.

Securities of Yuengling's Ice Cream are being offered and sold in reliance on the exemption from registration set forth in Section 506(c) under the Securities Act of 1933, as amended, or the "Securities Act". In accordance therewith, you should be aware that (i) the securities may be sold only to "accredited investors," which for natural persons are investors who meet certain minimum annual income or net worth thresholds; (ii) the securities will only be offered in reliance on an exemption from the registration requirements of the Securities Act and will not be required to comply with specific disclosure requirements that apply to registration under the Securities Act; (iii) the Securities and Exchange Commission will not pass upon the merits of or give its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials; (iv) the securities will be subject to legal restrictions on transfer and resale and investors should not assume they will be able to resell their securities and investing in securities involves risk, and investors should be able to bear the loss of their investment.

This press release is not an offer to sell, or the solicitation of an offer to purchase, any securities of Yuengling's Ice Cream in any jurisdiction where such offer or sale would be prohibited.

TESTING THE WATERS: Yuengling's Ice Cream Corporation is "Testing the Waters" under Regulation A under the Securities Act. This process allows companies to determine whether there may be interest in an eventual offering of its securities. Yuengling's Ice Cream Corporation are not under any obligation to make an offering under Regulation A. No money or other consideration is being solicited in connection with the information provided, and if sent in response, will not be accepted. No offer to buy the securities can be accepted and no part of the purchase price can be received until an offering statement on Form 1-A has been filed and until the offering statement is qualified pursuant to Regulation A of the Securities Act, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date. Any person's indication of interest involves no obligation or commitment of any kind. The information in that offering statement will be more complete than the information Yuengling's Ice Cream is providing now, and could differ materially. You must read the documents filed. No offer to sell the securities or solicitation of an offer to buy the securities is being made in any state where such offer or sale is not permitted under the "blue sky" or securities laws thereof. No offering is being made to individual investors in any state unless and until the offering has been registered in that state or an exemption from registration exists therein.

Yuengling's Ice Cream is not affiliated with D.G. Yuengling & Son Brewery and if and when an offering of securities is made by Yuengling's Ice Cream you will only be purchasing shares of Yuengling's Ice Cream.

Contact Information:


Robert C. Bohorad
Chief Financial Officer
Yuengling's Ice Cream Corporation
1058 Centre Turnpike
Orwigsburg, PA 17961
Phone: 570-968-4352 Ext. 104