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

[w6w9t8015]

GOOD NEWS

Magnum Signs Letter-of-Intent to Acquire U.S. Landfill Operator
FORT LAUDERDALE, Fla., April 24 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR - News) announces today that it has come to final terms and signed a Letter-of-Intent to acquire an enormous tire landfill in the United States.

Magnum signed a Letter-of-Intent with Tire Recycling, Inc. of Hudson, Colorado to acquire all of its holdings and assets. Tire Recycling owns and operates a facility approximately 50 miles northeast of Denver, Colorado. The facility consists of buildings, equipment, and inventory in excess of 30,000,000+ tires and is located on a parcel of approximately 120 acres of high grade commercially zoned land. The facility is situated close to major infrastructure and rail. Its central location is extremely well situated to accept and supply all of Magnums current and future facility operations.

Joseph Glusic, President and CEO of Magnum stated, "We are pleased to inform our shareholders and investors that we have now secured the resources necessary to become a major player in the recycling and rubber supply industry. With the addition of this landfill, we will ensure a secure and stable supply of raw material to our operations for the foreseeable future. This gives us considerable control over our supply costs and the flow of operations that will result in cost saving from both the logistics and economies of scale. This site enables us to expand and supply our clients throughout North America. It will become our major hub in all of North America."

This new development coupled with the recent Phase II Magnum/SRI compound trials gives Magnum the necessary assets and components to take wastes from a cradle to grave scenario. Initial plans envision a facility on the land fill site to process, test, and produce various products right from the source. This will be done in an accelerated manner and will ensure adequate long term supply to our Canadian facility in an economic fashion.

Patton-Boggs has been retained as our legal advisors for this project. More information will be released, including a conceptual plan for the facility in the near future. Patton-Boggs http://www.pattonboggs.com/

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.

Magnum's 98,000+ sq ft facility is located in Magog (Quebec). Magnum currently holds over $130 Million USD in open contracts for the production of rubber nuggets and rubber buffings (mulch).

MDOR www.magnumresources.net

SRI http://www.srielastomers.com/

This is some major news for us BestGreen Members.... We could see a Major rally back into the $0.80 range tomorrow and through the weekend... Plus with that research report coming we could break into dollar land very soon.

BestGreenPennyStocks
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