Discovery Minerals Provides Shareholder Update on Hemp Growing
25 April 2014 - 5:30PM
Marketwired
Discovery Minerals Provides Shareholder Update on Hemp Growing
RENO, NV--(Marketwired - Apr 25, 2014) - Discovery
Minerals Ltd. (OTC Pink: DSCR) (PINKSHEETS: DSCR) is pleased to
update shareholders regarding the anticipated Company's filing of
an industrial Hemp License with Health Canada.
Through the company's joint venture corporation with Syngar
Technologies Inc., the application to cultivate and process
Industrial Hemp fiber and grain (seed) for the upcoming 2014 season
is near completion.
The application's submission to Health Canada is awaiting the
return of the executed consent agreements from the joint venture
growing partners; the committed cultivatable land of the joint
venture partners is anticipated to be in excess of 200
acres.
The company expects this application to be submitted by month`s
end. In addition, the Company is pursuing an aggressive
revenue generation strategy by offering sub Licences to their
Syngar technology throughout Canada and the United States to
interested parties. Prospective Hemp and Cannabis
growers/processors throughout Canada and the United States can now
capitalize on the opportunity to implement an environmentally
conscious and sustainable addition to their business model which
can result in the complete plant material being utilized.
About Discovery Minerals Limited: Discovery Minerals Ltd. (OTC
Pink: DSCR) (PINKSHEETS: DSCR) is a production stage company formed
to acquire and develop natural resource properties. Activities
include gold, precious metals and petroleum minerals, including
rare earth minerals production and sales. The Company initiated a
new program to evaluate undervalued assets, including clean tech
and alternative energy investments, for potential addition to its
portfolio.
Safe Harbor: This release includes forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and
Section 27E of the Securities Act of 1934. Statements contained in
this release that are not historical facts may be deemed to be
forward-looking statements. Investors are cautioned that
forward-looking statements are inherently uncertain. Actual
performance and results may differ materially from that projected
or suggested herein due to certain risks and uncertainties
including, without limitation, ability to obtain financing and
regulatory and shareholder approval for anticipated actions.
Contact Person: Bill McNerney At: info@discoveryminerals.com
Discovery Minerals (CE) (USOTC:DSCR)
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