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HALIFAX, Oct. 28, 2015 /CNW/ - Muskrat Minerals Incorporated (CNSX: YYR) announced today that it has filed its audited consolidated financial statements and management discussion and analysis for the financial year ended June 30, 2015. Both are available under the Corporation's profile on SEDAR at www.sedar.com and on its website at www.muskratminerals.ca.
ABOUT MUSKRAT MINERALS INCORPORATED
Muskrat's principal focus is the investment in metals manufacturing to create pig iron and mining projects of interest. It is currently a shareholder of Grand River Ironsands Incorporated ("GRI") with 44.3% of GRI's issued and outstanding common shares. GRI owns a majority interest in North Atlantic Iron Corporation ("NAIC"). NAIC's business emphasis is the manufacturing of pig iron for sale to foundries and steel mills. NAIC also owns mining rights for an iron ore resource in Happy-Valley, Goose Bay, Newfoundland. GRI also owns and operates two electric arc smelting furnaces in Pennsylvania, USA through its wholly owned subsidiary, Forks Specialty Metals Inc. ("FSM"). FSM is currently used as a testing facility for iron smelting using both iron sands and various grades of iron ore to create pig iron. FSM is also actively pursuing other opportunities to maximize the economic performance of its assets.
The Corporation continues to seek potential joint ventures and partnerships to enhance the value of its existing properties. The Corporation has 17,251,018 issued and outstanding common shares.
Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Muskrat Minerals Incorporated
For further information: Lina Tannous, Corporate Secretary, (902) 877-5272, [email protected]