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Sola Announces Memorandum of Understanding to Partner With a Manganese Production Company in Brazil

Investing News Network
May. 25, 2010 12:29PM PST
Battery Metals Investing

Sola Resource Corp. (TSX VENTURE:SL) (PINK SHEETS:SORSF) reported that the company has signed a Non-Binding Memorandum of Understanding, to purchase 50% of Rio Madeira Comercio Importacao E Exportacao De Minerios.

Sola Resource Corp. (TSX VENTURE:SL) (PINK SHEETS:SORSF) reported that the company has signed a Non-Binding Memorandum of Understanding, to purchase 50% of Rio Madeira Comercio Importacao E Exportacao De Minerios.

The press release is quoted as saying:

Rio Madeira presently produces approximately 2,000 tons of Manganese per month and will be ramping up this production in the coming months. There are approximately 40 hectares of land under management that Rio Madeira mine Manganese from.

Click here to access the entire press release

Click here to access Sola Resource Corporate Site

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