Discovery Minerals Ltd. Shareholder Update
Date : 02/26/2014 @ 12:49PM
Source : Marketwired
Stock : Discovery Minerals Ltd. (PC) (DSCR)
Quote : 0.0026 0.0016 (160.00%) @ 2:01PM
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."
- Go DSCR