NEW YORK, May 25, 2011 (GLOBE NEWSWIRE) -- 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
"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 email@example.com