El Maniel International Inc Generates Revenue From Gold Supply Via Trading Arm
25 Maio 2011 - 9:20AM
Further to our press release dated April 12, 2011, El Maniel
International Inc (Pink Sheets:EMLL) announced today that its
trading arm has successfully delivered its shipment of gold dore
bars of 92% average purity to Thailand which is double the value of
our first shipment to Hong Kong. "This marks the beginning of a
long-term forward contract to supply the precious metal to Thailand
and immediately generating further revenues as projected under
EMLL's gold business domain" according to Jamie Khoo, CEO of EMLL
"We believe that together with our Hong Kong supply contracts, we
have the right business growth strategy and revenue will be
reported in the forthcoming financial period ending June 30, 2011
on a timely and effective manner as EMLL currently trades on the
OTC Pink Current Information tier"
"As gold continues to chart record levels of nearly $1,575 an
ounce early this month, the markets for this commodity remain
robust while our business model continues to gain traction with our
business partners worldwide giving us vast opportunities to
continue driving top-line growth and increasing shareholders' value
under this domain" added Jamie Khoo
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 world class mining claims located in Ghana,
West Africa and the company is committed in creating shareholder's
value by ensuring constant development of current and new resources
in the region. For further information and latest updates, 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: Investor Relations
El Maniel International, Inc
212-726-2179
ir@elmaniel.com
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