MARINA DEL REY, Calif., June 17, 2014, /PRNewswire/ — Discovery Minerals LTD. (OTC Pink: DSCR) (PINKSHEETS: DSCR) is pleased to announce that the joint venture project, AB AGRO TECHNOLOGIES INC. (Herein “AB AGRO”), has been granted a Commercial Industrial Hemp License, No. 14-A0068-C-01 and is now authorized to cultivate industrial hemp by Health Canada.
The 3,700 lbs of CRS-1 Hemp seed is expected to be delivered within 2 days and will be seeded as weather conditions permit. Discovery and the JV partners are now positioned to generate revenue from the sale of the harvested Hemp grain and fiber.
About Discovery Minerals LTD.
Discovery Minerals Ltd., (OTC PINKSHEETS: DSCR.PK) 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.
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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Contact Person: Dave Donlin
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Address:5850 TG Lee Blvd, Suite 300
Country: United States