UMED Acquires Mineral Rights to 1,440 Acres
Posted on November 13, 2012 at 11:18 AM EST
FORT WORTH, TX -- (Marketwire) -- 11/13/12 -- UMED Holdings, Inc. (PINKSHEETS: UMED), a Texas Corporation, announces acquisition of 100% interest in mineral rights located in Arizona.
UMED has acquired the rights to placer mining leases on 1,440 acres of land in Arizona. The Company is in the process of obtaining current samples for testing to give it a basis for developing a mining program on the property.
"This property not only provides the company further diversification of our portfolio through mining various precious metals but also has the potential to vertically integrate certain minerals into other company projects," said Kevin Bentley, CEO of UMED "The results of which will have significant cost reductions in the manufacturing process of said projects."
About UMED Holdings, Inc.
UMED Holdings, Inc. (UMED), located in Fort Worth, Texas, is a holding company, with interests in energy, agricultural operations, precious metals exploration, software, and aircraft maintenance. Visit http://umedholdings.com/ to learn more.
Forward Looking Statements
This document contains forward-looking statements and information as that term is defined in the Private Securities Litigation Reform Act of 1995, and, therefore, is subject to certain risks and uncertainties. There can be no assurance that the actual results, business conditions, business developments, losses and contingencies and local and foreign factors will not differ materially from those suggested in the forward looking statements as a result of various factors, including market conditions, competition, advances in technology and other factors.
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