SOURCE: Discovery Minerals Ltd.
March 14, 2014 09:15 ET
RENO, NV--(Marketwired - Mar 14, 2014) - Discovery Minerals Ltd. (OTC Pink: DSCR) (PINKSHEETS: DSCR), through Deer Park Development Corp, its real estate and land holding subsidiary, have identified several properties as land acquisition targets. The purpose of these acquisitions is to provide the Company with agricultural land that is suitable for growing, harvesting and processing industrial hemp.
These transactions are focused towards establishing an early entry into this emerging industry which will quickly become competitive, as well as adding value to the existing asset portfolio held by Deer Park Holdings.
The Company expects to update its Shareholders early next week regarding the outcome of these negotiations.
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.
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