CNG –
TSX.V
VANCOUVER, April 16, 2014 /CNW/ - Canadian Mining
Company Inc. (the "Company") (CNG TSX.V) is pleased to announce
it has entered into a Memorandum of Understanding with Thelon
Capital Ltd. (THC-TSX.V) to test the Company's zeolite in the
growing of Medical Marijuana. Under the terms of the memorandum,
Thelon will have an option to earn up to a 50% interest in the
Company's Sun Group Zeolite Project near Princeton, B.C.
Mr. Scott Walters, President of
Thelon Capital states, "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
Canadian Mining can help lead us in the co-development of healthier
nutrient inputs and conditioners for all hydroponic, aquaponic, and
soil crops including marijuana."
Zeolite is the ultimate fertilizer manager. In simple terms,
zeolite is particularly valuable in holding and slowly releasing
valuable nutrients to plants. As a result, it promotes better plant
growth by improving the value of fertilizers. Crops grown in soil
with zeolite have faster growth rates and higher yields. The
more efficient use of minerals already in soil also means lower
fertilizer and water requirements which in turn reduces the amounts
of fertilizers leaching into ground water.
Canadian Mining has a competitive advantage in the world of
zeolites given our product has been tested, applied and meets the
standards of specific markets. We are currently working on
certifying, creating patents and expanding our markets and are
pleased to be working with Thelon.
Canadian Mining Company Inc. is a Vancouver based company involved in the
exploration, development and production of the industrial mineral,
zeolite. The Company is a producer of natural zeolite from several
of its deposits in British Columbia,
Canada.
On behalf of the Board
"Ray Paquette"
Chief Executive Officer
Please see our web site for additional details:
www.canadianmining.ca
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 or accuracy of this release.
SOURCE Canadian Mining Company Inc.