NEW YORK, June 16, 2011 (GLOBE NEWSWIRE) -- El Maniel International Inc (Pink Sheets:EMLL) announced today that the Company has updated its corporate website in view of ongoing transparency efforts to keep shareholders updated on the current progress and development of the company. "Under the current update, we also included visuals of Plots A and B and at this stage, we are very excited to have obtained clearance recently from the government authorities at district levels for these alluvial gold mining claims situated in the Ashanti Gold Belt which is one of the most prolific gold belts in the world," according to Jamie Khoo, CEO of El Maniel International Inc. "This brings us closer to securing the necessary approvals to commence mining operations."
"Our current operations are progressing smoothly and in the spirit of transparency and good corporate governance, we will continue to keep our supportive shareholders updated of the company's ongoing developments and our business activities in the ordinary course of business will be reflected in the upcoming financials on the basis of the OTC Pink Current Information tier disclosure requirements," added Jamie Khoo. "The OTC Pink Current Information tier is based on meeting more stringent levels of disclosure and transparency required by the OTC Markets Group and with the added visibility and liquidity that the Current Information tier brings, the company expects to gain greater transparency delivering value to shareholders."
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. For further information, stay tuned to www.elmaniel.com.
"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 email@example.com