LAS VEGAS, July 24, 2014 (GLOBE NEWSWIRE) -- U.S. Rare Earth Minerals, Inc. (OTCQB:USMN) announced today that it has shipped the first large order of EXCELERITE® to one of the largest farmers in the California's Imperial Valley for application on new squash, cantaloupe and watermelon crops.
"Imperial Valley is a vast agricultural area consisting of 115,000 acres of annual vegetable production. This sale, though slightly less than $30,000, is a huge break through for USMN. The local Farmers there produce more than 100 different commodities, such as bamboo, sugar cane, flax, corn, artichokes, fish, goats, honey, cilantro, water lilies and more. EXCELERITE® will enhance the production and quality of practically any crop," stated Mike Herod, President and COO of USREM. He further mentioned, "We are aggressively pursuing additional farmer clients in this region for year round EXCELERITE® sales."
U.S. Rare Earth Minerals, Inc.
U.S. Rare Earth Minerals, Inc. (USMN) is engaged in the sales and distribution of products derived from the Company's mining activities in Nevada relating to certain natural mineral deposits and other natural rare earth minerals. Products of USMN consist of natural minerals for animal consumption as well as agricultural products sold under the brand name EXCELERITE®. Customers of USMN include some of the world's most widely recognized companies that have well known consumer brands. USMN is headquartered in Reno, Nevada and has executive offices in Las Vegas, Nevada. The company maintains a web site at: www.us-rem.com.
This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of U.S. Rare Earth Minerals, Inc., and members of management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those contemplated by such forward-looking statements. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.