Natural Resources presents at Western water rights conference

Natural Resources USA Corp (OTC:NTRC) said Monday that last month, the company presented on a panel of experts at a “Western Water Rights” conference,  hosted by Philadelphia-based investment bank Boenning & Scattergood.

The conference, which involved a number of public and private companies that own and market water rights, served as an introduction to the water rights sector and explored the various ways in which companies are approaching investment into the area.

CEO and Chairman of Natural Resources, Bill Gunn, said educating the public as to the rising water scarcity is "an essential step in sustaining the communities in which we live".

The company, through its subsidiary Natural Soda Holdings, has been mining sodium bicarbonate, or baking soda, for the last 20 years in northwest Colorado, and is North America's second largest producer.

In June of last year, the company completed a restructuring, acquiring all the outstanding stock that it did not already own (82%) in Natural Soda.

In addition to the sodium leases it acquired in Colorado as part of the deal, Natural Resources also took hold of water rights located in the Piceance Creek Basin that entitles it to a maximum of 108,812 acre feet of water per year.

“The Western United States has been faced with a looming water crisis for a number of years now.

”We must continue to discuss this topic to understand the value of nature’s most precious commodity to pursue appropriate strategies for development and investment in water rights,” said Gunn.

Gunn formed part of the panel of speakers at the conference, and also presented on the topic of Desert Rivers.

“Among the Desert Rivers in the world that reach the sea, the Colorado River is one of the most significant and currently over 30 million people rely on this river as their source of water.

“The Murray Darling System in Australia previously exceeded its demand capacity, which is a case study the Western United states needs to be aware of and react appropriately,” concluded Gunn.

Other conference speakers included Aqua Capital Management, Northwest Pipe, Pure Cycle Corporation, Two Rivers Water Company and WestWater Research.