NEW YORK, June 1, 2011 (GLOBE NEWSWIRE) -- El Maniel International Inc (Pink Sheets:EMLL) announced today that the Company is entering into Definitive Agreement to acquire more gold properties in the Eastern Region of Ghana. "Our initial discussions was very fruitful and we will be sealing a Definitive Agreement to acquire 50 acres of gold mining claim which is situated along the Birim river in the Eastern Region of Ghana, West Africa that has a history of gold production dating back to the turn of the century," according to Jamie Khoo, CEO of El Maniel International Inc.
"The Eastern Region of Ghana has an area of 19,323 square kilometres which is about 8.1 per cent of the total land area of Ghana and is the sixth largest region of the country," added Jamie Khoo. "Gravels of the Birim river valley in the Eastern Region are well known for its alluvial gold content and we strongly believe that this new gold asset which is also known as "Plot D1" has substantial alluvial gold deposits."
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.