Saturday, January 26, 2013 9:45:40 PM
DSCR (*MERGER Monday 5.pm PST*) Watch 4 News !
Discovery Minerals Signs Memorandum of Agreement with Deer Park Development Corporation to Acquire $9.5 Million in Assets
RENO, Nev., Dec. 19, 2012 /PRNewswire/ -- Discovery Minerals is pleased to announce it has signed a Memorandum of Agreement to merge with Deer Park Development Corporation, a Nevada Real Estate Company with $9.5 million of audited assets.
Mr. Marty O'Malley, who graduated with a B.A. in Business from the University of Miami in 1976 will remain at the helm of Deer Park and guide and conduct the Company's day-to-day operations. Mr. O'Malley has a vast network of connections and clients built up over thirty years with whom he will conduct business in Deer Park's activities.
Deer Park's business plan calls for Buying, trading and managing properties in the cities of Phoenix, Arizona and Las Vegas, Nevada as its initial focus of activities. There are no geographic boundaries in their business plan.
Discovery Minerals will conduct its due diligence and both parties have established an Effective Date to complete the merger which will be on January 28th 2013, 5pm PST.
Discovery Minerals is a U.S.-based metals exploration and development company focused on projects in the Western United States and California in particular. The Company is led by an experienced board of directors and management team with extensive corporate, exploration, mine development and production operation records in the US and Australia.
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Discovery Minerals Signs Memorandum of Agreement with Deer Park Development Corporation to Acquire $9.5 Million in Assets
RENO, Nev., Dec. 19, 2012 /PRNewswire/ -- Discovery Minerals is pleased to announce it has signed a Memorandum of Agreement to merge with Deer Park Development Corporation, a Nevada Real Estate Company with $9.5 million of audited assets.
Mr. Marty O'Malley, who graduated with a B.A. in Business from the University of Miami in 1976 will remain at the helm of Deer Park and guide and conduct the Company's day-to-day operations. Mr. O'Malley has a vast network of connections and clients built up over thirty years with whom he will conduct business in Deer Park's activities.
Deer Park's business plan calls for Buying, trading and managing properties in the cities of Phoenix, Arizona and Las Vegas, Nevada as its initial focus of activities. There are no geographic boundaries in their business plan.
Discovery Minerals will conduct its due diligence and both parties have established an Effective Date to complete the merger which will be on January 28th 2013, 5pm PST.
Discovery Minerals is a U.S.-based metals exploration and development company focused on projects in the Western United States and California in particular. The Company is led by an experienced board of directors and management team with extensive corporate, exploration, mine development and production operation records in the US and Australia.
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