14:55:45 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



TMT Resources Inc (2)
Symbol TMT
Shares Issued 54,237,847
Close 2014-07-23 C$ 0.28
Market Cap C$ 15,186,597
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TMT considers technologies to boost plant yields

2014-07-23 20:45 ET - News Release

Mr. Scott Ackerman reports

TMT RESOURCES PROVIDES CORPORATE UPDATE

TMT Resources Inc. has provided an update to its new focus on opportunities to supply new technologies to the indoor grow industry. As announced on June 23, 2014, the company is in the process of investigating opportunities to acquire technologies that can offer substantial energy savings while improving plant yields and seed-to-harvest cycles in the indoor grow industry.

Scott Ackerman, the company's chief executive officer, stated: "Working with our recently appointed adviser, former CEO and an owner of the largest fresh wholesale produce distributor/processor in California, Royal Foods Co. Inc., George Gummow, we are reviewing several technologies and applications that can be utilized to help increase plant yields and reduce growing costs. Internationally, there are a number of technologies that can help growing operations reduce energy consumption and heat output, factors that form a major cost component of those operations. We will continue to advance these discussions with a view to entering into this market segment."

The company will provide further updates as they occur.

We seek Safe Harbor.

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