NEW YORK, May 23, 2011 (GLOBE NEWSWIRE) -- El Maniel International Inc (Pink Sheets:EMLL) is pleased to announce that the Company has successfully elevated its OTC Markets Tier to "OTC Pink Current Information" and the company's financial results and disclosures are currently up-to-date. "Being on the OTC Pink Current Information brings significant benefit to the Company and its shareholders as comprehensive information on the Company's operations and financial statements as well as disclosure policies are now readily available," according to Jamie Khoo, CEO of El Maniel International Inc. "Existing and new investors can assess and measure the growth and progress of their investment with greater transparency."
"The OTC Pink Current Information Tier has average dollar trading volumes many folds greater than the prior OTC Limited Information Tier and shareholders can now trade in greater liquidity as they enter a new level of investment possibilities where doors are opened for more and larger brokerages to further expand trading in the Company's common stocks," added Jamie Khoo. "Our gold domain is positioned forefront of our business plans as we become a revenue generating company and we will continue making information on the company's progress publicly available to provide an increase in value and transparency for 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.