Magnum d'Or Resources, Inc. (fka MDOR)

[Reisswolff]

News: 5-Year $12,500,000 USD Agreement

Magnum D'Or Resources Signs 5-Year $12,500,000 USD Agreement with National Sales & Supply for Rubber Nuggets
Wednesday February 6, 6:00 am ET


FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Magnum D’Or Resources, Inc. (OTCBB: MDOR) (Magnum) announces the signing and closing of a 5 year, $12,500,000.00 ($2,500,000.00 annually) contract, with National Sales & Supply (NSS, LLC) for rubber nuggets, effective immediately.


Magnum, under this new agreement, will sell and supply NSS, LLC with rubber nuggets in addition to its current contract for rubber buffings. Magnum will use its patented technology, through the process of recycling scrap rubber tires, to produce this new product.

Joseph Glusic, President of Magnum, stated, “We are now accelerating our rapid growth in the 'Green' Market using our unique worldwide patented technology. We are beginning to fulfill our mission by doing our part to eliminate global pollution generated by used tires and scrap rubber constituents in landfills.”

One of the keys to Magnum’s patented manufacturing processes is the high degree of quality control maintained during ambient granulation of tires, as well as the unique cryogenic process, where shredded tires/other scrap rubber are frozen in a controlled fashion in order to properly separate the rubber from the textile and steel. This allows precision grinding of the hardened rubber to very fine and pure powder.

Magnum, with its new technology and through licensing rights, owns a number of patents for the re-composition of rubber, the production of EPDM powders, and EPDM compounds that could potentially revolutionize the rubber recycling industry in North America and China.

Magnum is rapidly expanding to become a Global Leader in the Recycling industry, by providing: Turnkey Recycling Plants, Operational Assistance, Consulting Resources, Waste Management Solutions, and Heavy Recycling Equipment Supplies for producing high quality raw materials.

NSS, LLC is a leading manufacturer and distributor of rubber landscaping products and playground safety surfacing products.

National Sales & Supply Home page: http://www.nsalessupply.com/index.htm. To view Rubber Mulch: http://www.national-mulch.com/