El Maniel International, Inc Enters Into Discussions to Acquire Gold Mining Equipments

Date : 06/22/2011 @ 1:23PM
Source : GlobeNewswire Inc.
Stock : El Maniel International, Inc. (PN) (EMLL)
Quote : 0.0001  0.0 (0.00%) @ 1:00AM

El Maniel International, Inc Enters Into Discussions to Acquire Gold Mining Equipments

El Maniel International, Inc. (PN) (USOTC:EMLL)
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El Maniel International, Inc (Pink Sheets:EMLL) announced today that due to overwhelming demand for our gold, the Company is planning to increase its alluvial gold production capacity by adding more mining equipments for its operations in Ghana, West Africa. "We are very pleased with the progress and potential of our gold business domain as well as the continuous increase in gold prices and we are planning to add alluvial gold mining equipments including but not limited to excavators, trommel wash plants, rougher jigs, and others," according to Mr. Jamie Khoo, the Chief Executive Officer of El Maniel International, Inc.

China is one of the leading exporters of gold mining equipments and the CEO of El Maniel International, Inc and his technical team are currently visiting several established gold mining equipment manufacturers in China. "We had entered into discussions with several established and reputable gold mining equipment vendors in China such as Dalian Boost Mining Equipment Manufacturer Ltd and Gandong Mineral Processing Equipment Ltd on alluvial gold mining equipments to be added so as to ramp up production capacity when the raining season is over this coming August 2011," added Jamie Khoo. "Our selection criterias will be based mainly on efficiency, effectiveness, and durability in addition to the right price so as to meet our planned augmentation in production capacities without compromising on delivery schedules and we will be presenting a webcast exclusively to cover our visit to the equipment manufacturing facilities in China," – stay tuned to www.elmaniel.com

El Maniel International, Inc is a publicly traded company currently focusing in the gold business domain including but not limited to trading, prospecting, developing and expanding the economic potential of world class mining claims located in Ghana, West Africa and the company is committed in creating shareholder's value by ensuring constant development of current and new resources in the region.

"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements 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. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.

CONTACT: Investor Relations
         El Maniel International, Inc
         (212) 726-2179
         ir@elmaniel.com

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