Magnum Releases 2009 Facility Expansion Plans and Announces Interview with CEO Tuesday January 6, 10:48 pm ET http://biz.yahoo.com/prnews/090106/cltu110.html?.v=76
FORT LAUDERDALE, Fla., Jan. 6 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR - News; Magnum) announces tentative plans for corporate expansion and announcements during the upcoming year. Expansion and Joint Venture projects anticipated to commence in 2009 could exceed $50,000,000 USD. Joseph Glusic, President of MDOR, will be featured today on Market Headquarters to discuss Magnum's strategy for the upcoming year. Interested parties can listen to the interview at http://www.marketheadquarters.net/ . Tentative expansion plans include: Additional equipment installation in Magog, Canada to facilitate rubber powder and specialty blend elastomer production; cryogenic and assimilated frozen substrate processing pilot plant; US facilities to further support contract obligations; Malaysian facility expansion and market penetration; joint venture agreements with targeted companies to complement our growth strategy; and, the establishment of a centralized corporate office. Magnum is also currently in negotiations with several financial organizations to fund its expansion plans. More information regarding the sources and the type(s) of conventional financing will be released in the near future. Magnum will also embark on an aggressive marketing program to increase investor awareness. The company will also continue to update the market on a weekly, if not more often basis, with relevant and informative press releases. Magnum/SRI is proceeding with both the "Our Planet" production series http://www.magnumresources.net/view-news.php?id=9 and the "21st Century Business Solutions Series" http://www.magnumresources.net/view-news.php?id=25 in order to promote our cutting edge technology to the worldwide market in the coming months. More information will be released about this shortly. Market Headquarters http://www.marketheadquarters.net/ subscriber list is compiled of the who's who of Wall Street, institutions such as Morgan Stanley, UBS, Lehman Brothers, Janus Capital Corp, Putnam Investment Management, and Fidelity Investments amongst many others, also the many others in the investment community. About Magnum: Magnum owns the exclusive rights to North America and future Global Rights to an array of next generation cost-saving custom compounds, patents, process technology, and trade secrets of Sekhar Research Innovations http://srielastomers.com/ that will allow for rubber to be reconstituted and specially blended into EPDM powders, and EPDM compounds. Magnum/SRI has and will continue to develop new high tech custom compounds, processing aids, recycling solutions, and advanced state-of-the-art equipment. Magnum's Magog, Canada production facility consists of a 98,000+ sq ft mixed use building setting on approximately 10 acres of land located at 2035 Rene-Patenaude Magog (Quebec), J1X 7J2. Magnum currently holds over $130 Million USD in open contracts for the production of both rubber nuggets and rubber buffings with NSS, LLC over the next five years. Safe Harbor Statement under the Private Securities Litigation Reform Act Of 1995 Statements contained in this document that are not historical fact are forward-looking statements based upon management's current expectations 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. The company is not required to update its forward-looking statements. Contact: Magnum D'Or Resources, Inc., Fort Lauderdale Joseph Glusic, CEO, 305-420-6563 m...@magnumresources.net www.magnumresources.net
