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BLOOMFIELD HILLS, MI–(Marketwired – Oct 18, 2016) – ProGreen US, Inc (ProGreen), (OTCQB: PGUS), www.ProGreenUS.com, Twitter @ProGreenUS, through its joint venture with Inmobiliaria Contel (CONTEL), has recently offered a first 300-acre tract of land for sale in Baja California, Mexico.

As CEO Jan Telander describes, “We have had great interest in the 300-acre land tract, from more than 10 interested parties, with offers from $500,000 to $700,000 to purchase the property outright. However, there has been a new development and we have decided not to sell and instead to lease the land. The principal reason is that we now have the opportunity to acquire an additional 1,500 acres bordering this property, at a very low cost.”

“As announced previously, we have much more water available from the original 300-acre tract than is required for the 150 acres that have been prepared for farming. Our permit application allows for 400,000 cubic meters of water/year, while approximately only 150,000 cubic meters will be required for farming the 150 acres. We will simply pipe this large over capacity of water from the wells we have already drilled to the adjacent land.”

“We calculate to have at least 300 net acres to be leased on the second tract and don’t expect the total cost to be higher than on the first tract even though we will gain access to twice the usable land. We intend to offer this land ‘inclusive’ of water with the lease, and power will be provided by solar only, making it a ‘green farm,’ attractive to organic growers. The solar power installation with some 250 panels will provide electricity for the wells.”

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