July 12 (Reuters) - Chanticleer Holdings Inc HOTR.O
* Says intends to exit Australia and Eastern Europe markets
* Says stores are expected to either be sold or closed during Q3 of 2016
* Says 5 stores in Australia and store in Budapest, Hungary, continue to significantly underperform
* Says stores accounted for approximately $0.7 million of reported net loss in Q1 of 2016 Source text for Eikon: ID:nMKW7T9Yha Further company coverage: HOTR.O
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