Dacha Continues to Acquire Heavy Rare Earth Elements in China for Export

- August 3rd, 2010

Dacha Capital Inc. (TSX VENTURE:DAC)(OTCQX:DCHAF)(PINK SHEETS:DCHAF) announced that it has acquired two lots of 500kg for a total of one tonne of Rare Earth Oxides from various Chinese suppliers with full export quotas attached.

Dacha Capital Inc. (TSX VENTURE:DAC)(OTCQX:DCHAF)(PINK SHEETS:DCHAF) announced that it has acquired two lots of 500kg for a total of one tonne of Rare Earth Oxides from various Chinese suppliers with full export quotas attached.

The press release is quoted as saying:

For a consideration of approximately $0.62 million USD, Dacha has acquired one metric tonne (2 x 500 kg) of Terbium Oxide (Tb4O7) from various China suppliers to be immediately exported to our LME approved warehouse in Busan, Korea.

Click here to access the entire press release

Tags

Tags:

Leave a Reply