El Maniel International Inc Enters Into Discussion for Gold Supply From Mali; Launches 2011 Webcast
March 28 2011 - 9:12AM
El Maniel International Inc (Pink Sheets:EMLL) announced today that
the Company has entered into discussions for the long-term supply
of gold from Mali, Western Africa. "In view of the overwhelming
demand received, we are currently expanding our resource base and
under our trading arm, we are venturing into Mali to engage in
long-term supply of the precious metal," according to Jamie Khoo,
CEO of El Maniel International Inc. "Our gold trading arm in Ghana
will eventually operate as our regional hub for future transactions
and this enables us to sign up for more forward contracts to
deliver physical gold."
Mali is also situated in Western Africa and it borders Algeria
on the north, Niger on the east, Burkina Faso and the Côte d'Ivoire
on the south, Guinea on the south-west, and Senegal and Mauritania
on the west.
"El Maniel International remains focused in the gold business
and we are rigorously capitalizing on this domain by increasing our
resource base to bring value to the Company," states Jamie Khoo.
"We are very pleased to launch El Maniel's 2011 Webcast via our
website www.elmaniel.com so as to efficiently and
effectively deliver updates and developments of the Company to all
our supportive shareholders and stakeholders across the globe."
El Maniel International Inc is a publicly traded company
currently focused on prospecting, developing and expanding the
economic potential of world class mining claims located in Ghana ,
West Africa and the company is committed to shareholder's value
creation by ensuring constant development of current and new
resources in the region. For further information and updates on El
Maniel, stay tuned to 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 risks 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: El Maniel International, Inc
Investor Relations Contact:
212-726-2179
IR@elmaniel.com
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