Hemp and Sunflower Seed Production and Distribution Update
10 July 2015 - 10:00PM
Access Wire
MARINA DEL REY, CA / ACCESSWIRE / July 10, 2015
/ Discovery Minerals Ltd. (PINKSHEETS: DSCR) (Discovery)
Joint venture partner IB-8 is pleased to update Discovery
shareholders on their progress on the production and distribution
of sunflower and hemp seed snacks. IB-8 has set the retail price of
$2.99 for sunflower seeds and $3.99 for hemp seeds. Pre-orders for
sunflower seeds are available on the IB-8 web site now. Over 100
pre-orders have already been received, with the average order being
$30.00. Pre-orders for hemp seeds will be available soon.
IB-8 believes that this is a promising indicator for the
potential success of the Seed Club Membership option. Please check
the IB-8 web site for updates at www.i-b8.com.It is estimated that
180,000 bottles of hemp and sunflower seed snacks can potentially
be retailed over the next six months. These estimates show the
exciting potential gross revenues to be in excess of $600,000.
Additionally, the increased number of sales is anticipated to
reduce IB-8's cost of goods by a factor of 10% over the next six
months.
About Discovery Minerals LTD.:
Discovery Minerals Ltd., (PINKSHEETS: DSCR) is an acquisition
and development company that targets natural resource properties
through its subsidiaries. These properties fall within two primary
channels, precious metals/mining and industrial hemp. Discovery
subsidiaries engage in activities that include the cultivation,
product development, and distribution of industrial hemp; Gold,
silver and precious metals. In addition, the Company is pursuing
clean tech and alternative energy investments to be integrated into
these business channels.
About: I-B8
I-B8 is an established boutique sunflower seed snack company
known for their seed quality, craftsmanship and unique flavors.
Customers who join the I-B8 Seed Club are able to recycle I-B8
packaging in exchange for discounts and free samples of new
products at www.i-b8.com.
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 maybe 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:
Russell Smith
info@discoveryholdingscorp.com
SOURCE: Discovery Minerals Ltd.
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