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Thursday, 09/25/2008 12:51:41 PM

Thursday, September 25, 2008 12:51:41 PM

Post# of 8728
NEWS - Magnum Recycling Canada Inc Retains Raymond Chabot Grant Thornton and Updates Buffing Machines
Thursday September 25, 11:25 am ET


MAGOG, Quebec, Sept. 25 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR - News) recently retained Canada's top tier firm, Raymond Chabot Grant Thornton (RCGT).

General Manager Mike (Michel) Boux stated, "I am excited to see Magnum working with a top tier firm like RCGT that has rubber experts/specialists and a variety of other strong assets for Magnum. I have personally been working with them for over 10 years. RCGT has been aiding Magnum with variety of beneficial services including effectiveness of internal controls, implementing our strategy, improve development opportunities, financing of the research & development projects and income tax recovery (credit). Here in Magog, Quebec it happens to be one of the best places to do research & development in North America."

Magnum will receive its first shipment of buffing machines in late October (15th to 20th) therefore the company will be able to immediately start production of rubber (mulch) buffings in order to start fulfilling its 5 year $91 million USD contract with Nation Sales & Supply. As previously stated, this equipment will produce up to 10,000 tons of saleable product at a contracted price of approximately $400 per ton, which equates to additional annualized revenue of about $4,000,000 USD."

New photos of the "production doors" for buffed tires and primary shredder and the "new signs" with Mike Boux:


http://016aa3c.netsolhost.com/HPIM0875.jpg
http://016aa3c.netsolhost.com/HPIM0871.jpg
http://016aa3c.netsolhost.com/HPIM0872.jpg

About Raymond Chabot Grant Thornton: http://www.rcgt.com/?CultureCode=en

Serving small, medium and large companies in every sector of activity for more than 60 years! Our experts in assurance, taxation, consulting and Recovery & Reorganization are intent on partnering with you to encourage your growth.

Today, Raymond Chabot Grant Thornton (L.L.P.) has more than 2,000 employees in more than 90 offices and is a member within Grant Thornton International. Grant Thornton International is one of the world's leading organizations of independently owned and managed accounting and consulting firms. These firms provide assurance, tax and specialist business advice to privately held businesses and public interest entities.

Member firms focus on helping the individuals who own the businesses they manage reach their personal and commercial goals by providing practical, customized solutions and identifying and pursuing business opportunities domestically and internationally.

About Magnum:

Magnum currently holds open and unfilled contracts with NSS, LLC equating to over $130 Million USD over the next five years for the production of both rubber nuggets and rubber buffings. Magnum's proprietary "GREEN" technology provides a one of a kind solution to all of the challenges in eliminating Stockpiles of Scrap Tires and Global Waste including: establishing Turnkey Recycling/Waste Management facilities; design, manufacture, and sell products made with recycled materials; and institute viable solutions to the problem of recycling waste rubber.

Magnum, with its new proprietary 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's Magog Facility:

Magnum's 98,000+ sq ft mixed use building on approximately 10 acres of land is located at 2035 Rene-Patenaude Magog (Quebec), J1X 7J2 within the Technology Center of Magog.

About the upcoming Magnum "21st Century Business Solutions Series":

This series will be aired on CNBC, FOX, Hong Kong's Asia Television, and other Leading Networks. Magnum's North American television broadcast will air on CNBC and Fox Business Network to a combined audience of 114 million cable households.

http://tinyurl.com/3tpk5v

About the upcoming "Our Planet and Magnum's Television Series":

This show will be aired multiple times on Fox Business Network, CNN Headline News, Discovery Channel, CNN, MSNBC and Regional News Network, along with other networks.

http://tinyurl.com/3tzaf6

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
www.magnumresources.net
mdor@magnumresources.net




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Source: Magnum D'Or Resources, Inc.

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