THC to Test B.C. Zeolite in the Medical Marijuana Growing Process
April 16 2014 - 4:00AM
Marketwired
THC to Test B.C. Zeolite in the Medical Marijuana Growing Process
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 16, 2014) -
Thelon Capital Ltd. (the "Company")
(TSX-VENTURE:THC)(FRANKFURT:TFHC) is pleased to announce, as part
of its ongoing evaluation of new opportunities, that it has entered
into a Memorandum of Understanding with Canadian Mining Company
Inc. (TSX-VENTURE:CNG) to test its Zeolite in the growing of
Medical Marijuana. THC will have an option to earn up to a 50%
interest in The Sun Group Zeolite Project in Princeton B.C.
Mr. Scott Walters says "Zeolites as a Green Growth Environment
Input have a unique framework with a network of pores giving it a
large surface area for trapping and exchanging valuable nutrients.
Our team's strong geological background and our arrangement with
CNG, can help lead us in the co-development of healthier nutrient
inputs and conditioners for all hydroponic, aquaponic, and soil
crops including marijuana."
Mr. Ray Paquette, President& CEO of CNG-tsx.v states
"zeolite based fertilizers are known to be 'intelligent
fertilizers' due to their high ion exchange capacity and Porosity.
The mineral has proven ability to slowly release nutrients to the
root zone of new seedlings, improving plant strength, yield and
performance, reducing root rot and the need to apply
pesticides."
The Company continues to evaluate new projects, including, but
not limited to, opportunities in agriculture, finance, and
resources. At this time, no transactions are in place, nor is there
any assurance that a new project will be concluded in the
future.
ON BEHALF OF THE BOARD OF DIRECTORS
Scott Walters, President & Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy of
accuracy of this release.
This news release contains forward-looking statements that
involve risks and uncertainties. Forward-looking statements or
information are based on current expectations, estimates and
projections that involve a number of risks and uncertainties which
could cause actual results to differ materially from those
anticipated by the Company. The forward-looking statements or
information contained in this news release are made as of the date
hereof and the Company does not undertake any obligation to update
publicly or revise any forward-looking statements or information,
whether as a result of new information, future events or otherwise,
unless so required by applicable securities laws.
Thelon Capital Ltd.1500-888 Dunsmuir StVancouver, BC. V6C
3K4(604) 682-1643(604) 682-1666www.theloncapital.com
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