MARINA DEL REY, Calif.,
May 23, 2014 /PRNewswire/ --
Discovery Minerals LTD. (OTC PINK: DSCR) (PINKSHEETS: DSCR)
is pleased to announce the Joint Venture Agreement with Syngar
Technologies has been finalized. The joint venture project with AB
AGRO TECHNOLOGIES INC., has submitted its application with Health
Canada for a license to cultivate Industrial Hemp.
Discovery, Syngar and AB AGRO TECHNOLOGIES have accomplished a
significant business milestone with this license application. The
industrial hemp license process is detailed, and rigorous
qualifications must be met. Discovery's agriculture/growing
consultants will be an integral and key component for a successful
growing season in 2014; their previous experience and agricultural
knowledge cultivating industrial hemp will greatly enhance this
process.
The Company would also like to inform shareholders that it
anticipates the quarterly financial information will be completed
and submitted to OTCMarkets early next week.
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.
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:
Russell Smith
1-310-961-4654
At: info@discoveryholdingscorp.com
SOURCE Discovery Minerals LTD.