Post by Franko10 ™ on Oct 16, 2005 17:47:54 GMT -5
Morgain Minerals Inc. - Announcement
Business Wire, Sept 27, 2000
TORONTO--(BUSINESS WIRE)--Sept. 27, 2000
Morgain Minerals Inc. (CDNX:MGM.) is pleased to announce that it has been approached by two large Mexican companies, one of which is a Fortune 500 Company, to supply each corporation with large quantities of TRONAMEXTM.
This opportunity presented itself subsequent to the media release of September 14, 2000 which reported that Morgain Minerals Inc. received the environmental permits that granted the company the exclusive right to mine trona rock and harvest trona brines at its Adair Trona Project in Sonora, Mexico.
The total sodium content and chemical analysis of the Morgain Minerals Inc. TRONAMEXTM product measure up to the requirements of both interested corporations and samples have been forwarded for final evaluation.
Over the past two decades, the animal feed industry in North America have used sodium biocarbonate as rumen buffers to assist in maintaining a normal rumen pH in dairy cattle, thus improving milk production by approximately 3.5%. Sodium biocarbonate assists cows and other animals to digest the feed and thereby properly utilize its nutritional value.
However, in the last decade the feed industry has moved toward the use of sodium sesquicarbonate (trona) as a buffering product. This was done in an effort to boost the profitability of both the dairy and poultry industries. Trona buffers have proven to increase the cost efficiency of animal and bird feed while simultaneously improving heat stress stamina and litter conditions in the poultry industry.
The company is confident that its trona reserves far exceed the requisite demands of these potential contracts and others being considered at this time.
Shares Outstanding: 24,228,560
The information contained herein was authorized for media release by Company President Raymond J. Mongeau and includes "forward looking statements" that express expectation of future events or results. Such statements are based upon future expectations rather than "historical facts". Therefore, a number of risks and uncertainties are involved and the Company cannot extend assurance that such statements will prove to be correct. Further details may be obtained by contacting the company directly by telephone, facsimile or e-mail. Additional information including directors' and officers' remuneration, indebtedness of officers, executive stock options and interests of management and others in material transactions, where applicable, can be found in the Information Circular located at www.sedar.com in the Company Filings section.
No regulatory authority has reviewed or accepts responsibility for the adequacy or accuracy of the statements made herein.
COPYRIGHT 2000 Business Wire
Business Wire, Sept 27, 2000
TORONTO--(BUSINESS WIRE)--Sept. 27, 2000
Morgain Minerals Inc. (CDNX:MGM.) is pleased to announce that it has been approached by two large Mexican companies, one of which is a Fortune 500 Company, to supply each corporation with large quantities of TRONAMEXTM.
This opportunity presented itself subsequent to the media release of September 14, 2000 which reported that Morgain Minerals Inc. received the environmental permits that granted the company the exclusive right to mine trona rock and harvest trona brines at its Adair Trona Project in Sonora, Mexico.
The total sodium content and chemical analysis of the Morgain Minerals Inc. TRONAMEXTM product measure up to the requirements of both interested corporations and samples have been forwarded for final evaluation.
Over the past two decades, the animal feed industry in North America have used sodium biocarbonate as rumen buffers to assist in maintaining a normal rumen pH in dairy cattle, thus improving milk production by approximately 3.5%. Sodium biocarbonate assists cows and other animals to digest the feed and thereby properly utilize its nutritional value.
However, in the last decade the feed industry has moved toward the use of sodium sesquicarbonate (trona) as a buffering product. This was done in an effort to boost the profitability of both the dairy and poultry industries. Trona buffers have proven to increase the cost efficiency of animal and bird feed while simultaneously improving heat stress stamina and litter conditions in the poultry industry.
The company is confident that its trona reserves far exceed the requisite demands of these potential contracts and others being considered at this time.
Shares Outstanding: 24,228,560
The information contained herein was authorized for media release by Company President Raymond J. Mongeau and includes "forward looking statements" that express expectation of future events or results. Such statements are based upon future expectations rather than "historical facts". Therefore, a number of risks and uncertainties are involved and the Company cannot extend assurance that such statements will prove to be correct. Further details may be obtained by contacting the company directly by telephone, facsimile or e-mail. Additional information including directors' and officers' remuneration, indebtedness of officers, executive stock options and interests of management and others in material transactions, where applicable, can be found in the Information Circular located at www.sedar.com in the Company Filings section.
No regulatory authority has reviewed or accepts responsibility for the adequacy or accuracy of the statements made herein.
COPYRIGHT 2000 Business Wire