Whitemud Resources Announces MoU for the Distribution of Whitemud
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Demos [2011-05-20]
Mar. 11th, 2010
Whitemud Resources Inc. ("Whitemud" or the "Company") is pleased to announce the completion of a Memorandum of Understanding (MoU) to enter into a North American Distribution Agreement with a key supplier to the concrete industry.
The terms of the MoU outline the intended role of the major supplier as the key distributor of Whitemud Resources' metakaolin, Whitemud(MK) to the North American concrete market. The parties are targeting completion of a comprehensive distribution agreement for April of this year. The MoU also provides a mechanism to commence sales immediately to certain customers. Further details will be provided upon the execution of the distribution agreement.
The two companies intend to team up to provide unique and economical solutions with metakaolin to enhance concrete performance and reduce the environmental impact of concrete.
Metakaolin is an off-white product that reacts with cement to increase strength, improve durability, resist chemical attack, reduce the effects of alkali-silica reactivity (ASR), and lower the environmental footprint of concrete. Metakaolin can enhance the performance of other cementing materials such as fly ash and slag. Whitemud has developed a low-cost process to produce and supply metakaolin to the concrete industry at one-third to one-half the price of existing supplies enabling its use in applications not previously considered economical.
Whitemud Resources Inc. is a Canadian-based corporation that is exploiting a large kaolin deposit in southern Saskatchewan. The Company produces Whitemud(MK), cement-grade metakaolin that enhances the performance of cement used in construction using a patented process that minimizes environmental impact. The Company is positioned to benefit from expanding North American infrastructure needs and growing environmental pressures facing the cement industry.