New York, NY -- (ReleaseWire) -- 05/07/2013 --Western Graphite Inc. (OTCQB: WSGP) announced that it is currently in negotiations to acquire a fully producing graphite "Khara Mine" located in the same area as the Amorf property. The mine that we are currently in negotiations with is located very close to the Amorf Property and consists of approximately 2000 acres. The company is still negotiating terms to see whether the graphite deposit mineable life will be large enough in order to ensure long term production with as minimal costs possible.
The company states “We are diligently working at trying to purchase a mine as the revenues from production will greatly assist the company with funds that can be used to get our Pure Flake mine into production quicker and also to build a plant on our property or grow a partners plant than can handle increased production.”
Western Graphite is a publicly traded US exploration company.
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Green Innovations Ltd. (OTCQB: GNIN) announced that its wholly-owned subsidiary, Green Hygienics, Inc., is set to launch an exclusively licensed line of tree-free bamboo-based bath tissue.
This launch will be the first ever tree-free bamboo fiber-based toilet paper products available in the North American market. The new products will be sold under the established GHI "Sensational" brand.
"The bath tissue market in North America is absolutely enormous, valued at an estimated $21.6 billion annually, and we feel that tree-free bamboo is going to quickly establish itself as the fastest growing and highest margin component of the industry," stated Philip Rundle, CEO of Green Innovations.
Green Innovations Ltd. imports and distributes bamboo-based hygienic and household products under the Brand names Premium Formulation, Clearly Herbal, and Green & Soft.
Find out what momentum GNIN could adopt after this announcement by getting the complete trend analysis reports here:
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