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

[w6w9t8015]

MORE NEWS!!

Magnum Delivers 23 Tons of Specialty Shred Rubber Buffings to Northern Canadian Rubber Company and Receives 2 New OTR (Black Gold) Tire Deliveries
Thu Apr 16, 7:30 AM
Email Story IM Story Printable View
FORT LAUDERDALE, Fla., April 16 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR.OB) announces a new revenue source from the sale of 46,000 lbs of specialty rubber buffings. The company also received two additional shipments of "Black Gold" tires from the recently negotiated 285 deliveries for this year. These OTR tires not only generate high grade rubber buffings but also nuggets and recyclable metal.


Magnum has recently received over half dozen new orders from local landscaping companies and small municipalities for innovate solutions. Mike Boux commented, "The demands for our new products are extremely high. The only issue we are having is fulfilling the orders. I am looking forward to the near future when we have ramped up our Magog facility to full production. This will add tremendous volume and value to Magnum."


Boux added, "The latest delivery of two additional OTR Tires were so large (about 10 feet tall) that we had to utilize a crane and our largest access doors. Magnum can now process OTR tires up to 120 inches in diameter; however, any size will be shredable. The substantial increase in the OTR tire supply enables Magnum to produce higher yield top quality rubber product. Magnum is also currently negotiating the sale of large quantities of its secondary products (0-20 mesh buffings) for the purpose of specialty molded products."


View rubber shipment and "Black Gold" tires http://magnumresources.net/view-investors.php?id=189


As a market update, clients are now requesting powders in addition to our nuggets and buffings. We have also recently held a series of meetings with Asphalt producers which may lead to a joint venture situation and campaign called "Save the Roads." The uses of mixed bitumen and rubber for roads are becoming common place due to its highly beneficial wear properties, cost effectiveness, and ease of use.


Many retread providers are also showing interest in our new retreading compounds recently developed in our lab in Malaysia, including companies from Europe. Magnum has also been approached by several OEM manufacturers and tire producers, as well as, companies specializing in metal recycling.


Magnum/SRI are currently using their advanced technologies to produce next generation rubber recycling solutions for custom compounds, retread compounds, processing aids, advanced state-of-the-art equipment, and reactivated ambient/cryogenic rubber powders for the global market. View recent Mangum/SRI Next Generation Custom Compound positive trials at http://magnumresources.net/view-investors.php?id=180


Visit SRI http://www.srielastomers.com/


Safe Harbor Statement under the Private Securities Litigation Reform Act Of 1995