Discovery Minerals Secures First JV Hemp Growing Partner.
27 March 2014 - 12:15AM
Marketwired
Discovery Minerals Secures First JV Hemp Growing Partner.
RENO, NV--(Marketwired - Mar 26, 2014) - Discovery Minerals Ltd.
(OTC Pink: DSCR) (PINKSHEETS: DSCR) is pleased to update
shareholders that the Company has secured its first joint venture
growing partner. The growing partner, located in the Municipal
District of Wainwright No.61, in the province of Alberta, has
provided Discovery with a firm commitment for the exclusive purpose
of cultivation of Industrial Hemp, Grain, Fiber and byproducts.
Negotiations with other growers will continue.
Now that the first growing partner has been secured, the Company
will commence the application process for an Industrial Hemp
License and expects to file with Health Canada, the governing and
issuing body, as early as next week. The Company's decision to
apply for the Industrial Hemp license allows for additional growers
to be added under the provisions of the license and firmly
establishes Discovery's position in the growing, processing and
sales sectors of the industry.
The company intends to update shareholders as it adds additional
growers and as notable advances in these projects are made.
About Discovery Minerals Ltd.
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: Henry Manayan Discovery Minerals Ltd.
info@discoveryminerals.com
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