Discovery Minerals Ltd. Signs Letter of Intent With VPR Group, Inc.
March 04 2014 - 2:20PM
Marketwired
Discovery Minerals Ltd. Signs Letter of Intent With VPR Group, Inc.
RENO, NV--(Marketwired - Mar 4, 2014) - Discovery Minerals Ltd.
(OTC Pink: DSCR) today announces it has entered into a Letter of
Intent to acquire VPR Group, Inc., as a wholly owned, self managed
subsidiary. This acquisition will continue to facilitate the
company's expansion into the rapidly expanding Medical Marijuana
Industry. CEO Russell Smith stated, "We consider the Company very
fortunate to have the opportunity to commence this
acquisition. VPR Group's distribution channels will result in
strong product demand and subsequent bottom line revenue, ensuring
a foothold in a rapidly growing market."
The company has set a goal to conduct their due diligence and
complete a definitive agreement by the middle of March.
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 At: info@discoveryminerals.com
Discovery Minerals (CE) (USOTC:DSCR)
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