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

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More news... Love that Colorado Tire Facility!

Colorado Tire Landfill Facility
Press Release
Source: Magnum D'Or Resources, Inc.
On Monday September 28, 2009, 6:30 am EDT
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Companies:Magnum DOr Resources Inc.
HUDSON, Colo., Sept. 28 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR - News), procured a large multiple stage shredding system for its Hudson, CO facility over a month ago in anticipation of commencing initial operations after its acquisition of the facility. The equipment will be shipped this week to Hudson, Colorado and installed upon final permit approval.

This system will allow Magnum to commence initial operations that include acceptance and processing of tires at the facility. This will allow Magnum Recycling USA to begin generating revenue and prepare raw feed product for the rubber powder production lines.

To view the new shredding and chipping system visit: http://magnumresources.net/investors/528

President of Magnum, Joseph Glusic, stated, "We have been very deliberate in our preparations in Colorado to ensure complete compliance and cooperation with State and County officials. In recent weeks we have been upgrading and preparing the site to ensure an orderly and efficient transfer and approval of proper permits and licenses. It is anticipated that everything will be in place in short order and that Magnum Recycling USA will be able to commence full operations shortly thereafter."

In addition to general housekeeping, the site has gone through a makeover that includes refurbishment of our heavy equipment, building renovations, paving, and general site improvements to enhance traffic flow and future operations. Addition of security and removal of all extraneous equipment and refuge has already been completed. View photos:

http://magnumresources.net/gallery/?level=picture&id=327 http://magnumresources.net/gallery/?level=picture&id=328 http://magnumresources.net/gallery/?level=picture&id=329

"I would also like to take this opportunity to thank all those involved in supporting our transition, especially the State and County officials and staff members that have been extremely helpful in guiding us through the complex permitting and environmental compliance issues. We look forward to a continuing cordial and professional relationship that has developed with these regulatory agencies as we move forward into our operational mode."

About MDOR:

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. For photos: http://magnumresources.net/gallery/?level=album&id=2

Magnum's Hudson, Colorado facility is approximately 30 miles northeast of Denver, Colorado. The facility consists of 120 high grade commercially zoned land, buildings, equipment, and inventory in excess of 30,000,000+ tires. The facility is one of the largest tire landfills in the world. For photos: http://magnumresources.net/gallery/?level=album&id=3

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. To visit SRI: http://www.srielastomers.com

World's First Magnum SRI Light Truck Tires: http://magnumresources.net/gallery/?level=album&id=5

Magnum/SRI tests are targeting premium applications that contain high grade properties. 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 because 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 positive impact on our customer's bottom line.