LAS VEGAS, Oct. 13, 2015 (GLOBE NEWSWIRE) — U.S. Rare Earth Minerals, Inc., (USMN) Today, President Michael Herod announced the discovery of large deposits of diatomaceous earth (diatomite) on several of the Company’s mining claims in Panaca, Nevada. Samples are being tested for mineral content and purity. Diatomaceous earth is 100% organic consisting of comprised fossilized remains of a type of hard-shelled algae.
Tesla Motors, Inc.’s TSLA supposed long-term agreement with Bacanora Minerals and U.S. Rare Earth Minerals, Inc. USMN to purchase lithium hydroxide has been denied by U.S. Rare Earth Minerals. The Nevada-based company has categorically stated that it did not ink any agreement with Tesla. The company further informed that it is not currently involved in the mining or sale of lithium; however, it is seeking options for it. At present, U.S. Rare Earth Minerals mainly sells EXCELERITE(R), a brand that covers natural minerals for animal consumption as well as agricultural products which contain lithium.
I’m happy to report that last week the Board of Directors solidified a lasting friendship and business relationship with two businessmen from Belgium who traveled here at great personal expense to witness the Excelerite® story first hand and they did indeed. They are now committed to bringing Excelerite® to 25,000 hectors (61,750 acres) of farmland in Kenya.
LAS VEGAS, NV –July 21, 2015 – U.S. Rare Earth Minerals, Inc., (OTCQB: USMN) announced today that its President, Michael Herod, has posted a shareholder update on the Company’s website. Shareholders and the general public are invited to visit www.us-rem.com to read the update.
Let me begin by thanking those many shareholders who have sent e-mails and made calls of support and encouragement over the past months.
Many shareholders have inquired to U.S. Rare Earth Minerals, Inc about the status of Vietnam. Unfortunately, we haven’t heard from the former President and Board Chairman since his resignation. By his silence, we can only assume that he has failed in his effort to sell our products in Vietnam. We wish him the best of luck in his continued perseverance and stand ready to fill any and all orders he might possibly bring to the Company.
LAS VEGAS, April 10, 2015 (GLOBE NEWSWIRE) — U.S. Rare Earth Minerals, Inc., (USMN)
On March 19, 2015 the Board of Directors, by Shareholder Consent voted to amend the Articles of Incorporation to change the number of authorized common shares from 6,000,000 to 300,000,000 to become effective on April 9, 2015. A Form 14c Information Statement was filed on March 31, 2015 describing this action.