$DSCR: Discovery's Joint Venture Partner Featured in Ethanol Producer Online Magazine
Source : PR Newswire (US)
Stock : Discovery Minerals Ltd. (PC) (DSCR)
$DSCR: MARINA DEL REY, Calif., May 8, 2014 /PRNewswire/ -- Discovery Minerals LTD. (OTC PINK: DSCR) (PINKSHEETS: DSCR) provides a follow up to the article published May 7, 2014 in Ethanol Producer Magazine Online features Alberta- based Syngar Technologies Inc. The article mentions two joint ventures recently formed with Cellunol Inc, and Discovery Minerals Inc., respectively. Through collaboration and proprietary technologies, the joint ventures will research the viability of utilizing industrial hemp for the production of ethanol.
The goal of the joint ventures as quoted is, "for the hemp producers in Canada it's to prove and demonstrate that the process is viable," stated Garth Likes, CEO and chairman of Syngar Technologies. The article goes on to say that the hope is that while the US sorts out the legality of allowing industrial hemp production, the joint ventures will prove the viability of the process in time for a final ruling. The full article can be found through the link below:
About Syngar and PLUSWave:
The Company is a private Canadian company based in Edmonton, Alberta. Syngar licensed a technology, which we call "Pulsed Low Ultra Sound Wave" (PLUSWave) Technology. The PLUS Wave TM license is a worldwide and exclusive for application in biofuels. The PLUSWave Technology uses specific and proprietary ultrasound frequencies, at specific power levels, over set time intervals to stimulate the fermentation growth of algae, bacteria, fungus or yeast microorganisms by upwards of 30 - 50%.
About Discovery Minerals LTD.:
Discovery Minerals Ltd., (OTC: 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.
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