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Article: Gemco extends industrial mineral agreements and procures loan financing.
- Article from:
- PR Newswire
- Article date:
- August 28, 2009
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Gemco Minerals Inc. (GMML: OTCBB)
VANCOUVER, Aug. 28 /PRNewswire-FirstCall/ -- Mr. Thomas Hatton reports;
The Company is pleased to advise that it has recently extended its agreements regarding both the supply and sale of industrial minerals as previously announced.
The exclusive supply agreement with Teichert and Son Inc., a California corporation doing business as Teichert Aggregates, as was originally announced May 27, 2008, pertains to the exclusive distribution rights of certain minerals known as ilmenite and magnetite. Teichert produces ilmenite and magnetite as a by-product from its aggregate mining operations, and currently has an ...