Discovery Minerals Ltd. Shareholder Update
February 26 2014 - 12:49PM
Marketwired
Discovery Minerals Ltd. Shareholder Update
RENO, NV--(Marketwired - Feb 26, 2014) - Discovery
Minerals Ltd. (OTC Pink: DSCR) is pleased to update its
shareholders on recent events involving its wholly owned
subsidiary, Deer Park Development Corp, a real estate
holding company. After careful analysis, management of Deer
Park is vigorously looking to secure low cost agricultural
land for the production and cultivation and processing of
Industrial Hemp and also Cannabis that can be used for medicinal
purposes.
The company believes that now is a very strategic time to enter
into purchasing farmland and leverage its holdings into the quickly
emerging Medical Marijuana industry. Mr. Marty O'Malley, CEO,
commented, "The management of Deer Park is actively pursuing
discussions and negotiations, targeting potential acquisitions of
low cost farm lands in both the United States and Canada with the
intention of utilizing this land for broad scale Marijuana
production. We believe that with several states being on the cusp
of legalization now is the time to increase our real estate
portfolio with this particular industry in mind."
About Discovery Minerals Ltd.
Discovery Minerals Ltd., (OTC Pink: 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 Person: Henry Manayan info@discoveryminerals.com
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