El Maniel International, Inc. Announces Plans to Expand Its Gold Trading Division
23 9월 2011 - 9:44PM
El Maniel International, Inc. (Pink Sheets:EMLL) announced today
that the Company plans to intensify its gold trading division by
expanding its resource base to the neighboring countries of Ghana,
West Africa.
"We are very excited with the opportunities ahead of our gold
trading arm as we had achieved significant milestones of successful
shipments of $8 million worth of gold ore to our designated
refineries in Hong Kong and Thailand during the initial 6 months of
operations," according to Jamie Khoo, CEO of El Maniel
International, Inc.
"The continuous increase in world demand for gold coupled with
its exponential increase in gold prices warrants our belief that
this business will continue to be very lucrative and robust for the
next couple of years, and specifically the next 6 months will be
very interesting for us as we expect to at least double the total
shipment values from the initial 6 months," added Jamie Khoo. "We
are confident that we can ramp up our operations to generate higher
revenues so as to significantly increase our bottom line as we are
already expanding our network of resource base to neighboring
countries including but not limited to Mali, Sierra Leone as well
as Burkina Faso."
About El Maniel International, Inc.:
El Maniel International Inc is a publicly traded company
currently focusing in the gold business domain including but not
limited to trading, prospecting, developing and expanding the
economic potential of its world class mining claims and the company
is committed in creating shareholder's value by ensuring constant
development of current and new resources in its global gold
business domain. For further information and updates, visit
www.elmaniel.com
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995: The statements contained in this release which
are not historical facts are forward-looking statements that are
subject to risks and uncertainties that could cause actual results
to differ materially from those set forth in or implied by
forward-looking statements. These risk and uncertainties include
the Company's entry into new commercial businesses, the risk of
obtaining financing, recruiting and retaining qualified personnel,
and other risks described in the Company's Securities and Exchange
Commission filings. The forward-looking statements in this press
release speak only as of the date hereof, and the Company disclaims
any obligation to provide updates, revisions or amendments to any
forward-looking statement to reflect changes in the Company's
expectations or future events.
CONTACT: Investor Relations
El Maniel International, Inc
(212) 726-2179
ir@elmaniel.com
El Maniel (CE) (USOTC:EMLL)
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El Maniel (CE) (USOTC:EMLL)
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