Discovery Minerals Limited Announces Acquisition of The Sanday Corporation
October 15 2013 - 1:11PM
OTC Markets
Nevada, October 15, 2013 ?Discovery
Minerals Ltd. (DSCR: OTC)
Discovery
Minerals Limited Announces Acquisition of The Sanday
Corporation
Discovery
Minerals is pleased to announce the
acquisition of The Sanday Corporation an income producing oilfield
services company
engaged in engineering consulting. The
Sanday Corporation has become a subsidiary of Discovery Minerals
effective
September 1, 2013. Roger A.T Smith, CEO of The Sanday
Corporation has
over 35 years oil and gas drilling,
completion, work over and production experience with a B.A. in
Mechanical
Engineering. Mr. Smith has been an advisor to Petrohawk, K&M
Technology
Group, Chevron, BP, ConocoPhillips and now Total.
Russell
Smith, CEO of Discovery Minerals states ?The Sanday Corporation
acquisition
adds significant value for our shareholders as a revenue generating
operating
company, which will enhance the company?s financial
statements?.
About
Discovery Minerals Limited
Discovery
Minerals Ltd. (Frankfurt WKN: A0LB3X) (Kurzel: D7Z) (OTC
Pinksheets: DSCR) is a
production stage company formed to acquire and develop natural
resource
properties. Activities include gold, precious metals and 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.
CAUTIONARY
STATEMENTS REGARDING FORWARD-LOOKING
STATEMENTS
This
press release contains forward-looking statements that involve a
number of
risks and uncertainties. Forward-looking statements generally
can be
identified by the use of forward-looking terminology such as
?believes,?
?expects,? ?may,? ?will,? ?intends, ?plans,? ?should,? ?seeks,?
?pro forma,?
?anticipates,? ?estimates,? ?continues,? or other variations
thereof (including
their use in the negative), or by discussions of strategies, plans
or
intentions. A number of factors could cause results to
differ
materially from those anticipated by such forward-looking
statements, including
those discussed under ?Risk Factors? and ?Our Business.?
Forward-looking
statements are subject to known and unknown risks and uncertainties
and are
based on potentially inaccurate assumptions that could cause actual
results to
differ materially from those expected or implied by the
forward-looking
statements. Our actual results could differ materially from
those
anticipated in the forward-looking statements for many
reasons.
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