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

[Makamai]

NEWS: Magnum Reorganizes to Accommodate Expansion Plans and Announces New Recycled Metal
· Press Release
· Source: Magnum D'Or Resources, Inc.
· On Tuesday June 23, 2009, 6:15 pm EDT

MAGOG, Quebec, June 23 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR - News), announces the formation of its latest wholly owned subsidiary, "Magnum Recycling USA", and promotion of Michel Boux to "International Business Development Coordinator." These two developments were done to prepare the company for its growth into the US market and the acquisition and development activities planned in the near future.

Magnum President and CEO, Joseph Glusic stated, "This is yet another step forward for Magnum that will allow us the ability to move quickly into our targeted markets. It also gives us the structure needed to accommodate acquisitions and joint projects in the US. This is just one of many plans to be implemented over the coming months to implement our growth strategies. As we continue to develop new relationships, our corporate structure will evolve to accommodate these ventures. I am very excited with the most recent events and am looking forward to our upcoming media campaign that will inform the world of just who Magnum is and where we are going."

"I am also pleased to announce the promotion of Mr. Boux. He has worked tirelessly to bring our Canadian facility into operation. He can now focus on other business opportunities as we move into full operational mode.

"I am also pleased to announce that Mr. Larry Hogan will be taking over responsibility of operations and facility management to accommodate our expansion and growth."
Magnum recently sold another 26 tons of custom buffings to one of its key Canadian clients. Magnum currently has an extra 20 tons ready to be shipped this week. Furthermore the company has come up with a high tech way to clean the metal from the recycled tires in order to get more per ton when being sold as an extra revenue stream for the company. View recent pictures of Magnum's Recycled tire metal: http://magnumresources.net/view-investors.php?id=221

About: 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 buffing. Magnum's proprietary "GREEN" technology provides a one of a kind solution to all of the challenges in eliminating Stockpiles of Scrap Tires and Rubber Scrap including: establishing Turnkey Recycling facilities; design, manufacture, and sell products made with recycled materials; and institute viable solutions to the problem of recycling waste rubber.
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. The Company is also carrying out a number of trials on various compound blends specifically targeted at high specification premium applications. Magnum/SRI tests are targeting premium applications that contain high grade properties. This will allow production of higher yielding compounds which will potentially create higher revenues and profits. This also includes maximizing cost savings for clients while producing high quality materials.

The reason why Magnum/SRI premium compounds are one of a kind is because they can be substituted in high specification compound applications without appreciable loss in properties or performance. Furthermore, the reason why our clients will prefer to use Magnum/SRI compounds is they will be able to enjoy a substantial and meaningful reduction in raw material cost without compromising product performance and quality. In the competitive environment of rubber product manufacturing this is a major development having a direct impact on our customer's bottom line.

Visit SRI: http://www.srielastomers.com/
View Mangum/SRI Next Generation Custom Compound positive trials: http://magnumresources.net/view-investors.php?id=180 or http://www.magnumresources.net/view-investors.php?id=199