Morgain Minerals Inc. - Announcement.Business Editors TORONTO--(BUSINESS WIRE)--Sept. 27, 2000 Morgain Minerals Inc. (CDNX CDNX See Canadian Venture Exchange (CDNX). :MGM MGM in full Metro-Goldwyn-Mayer, Inc. U.S. corporation and film studio. It was formed when the film distributor Marcus Loew, who bought Metro Pictures in 1920, merged it with the Goldwyn production company in 1924 and with Louis B. Mayer Pictures in 1925. .) is pleased to announce that it has been approached by two large Mexican companies This is a List of Mexican companies:
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 tro·na n. A natural vitreous gray or white mineral, Na2CO3·NaHCO3·2H2O, used as a source of sodium compounds. 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 North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. have used sodium biocarbonate as rumen rumen pl. rumens, rumina; the largest of the compartments of the forestomach of ruminant animals that serves as a fermentating vat. It is lined by a keratinized epithelium bearing numerous absorptive papillae; it is partly subdivided by folds (pillars). 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 Sodium sesquicarbonate (Systematic name trisodium hydrogendicarbonate) Na3H(CO3)2 this is used in the desalination of copper objects to avoid the loss of surface colour, however, it's a slow process. (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 Information Circular A document sent to shareholders outlining important matters to be discussed at the annual shareholders' meeting. Notes: Sent along with a proxy, the information circular may cover matters such as the election of the Board of Directors, possible 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. |
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