NEW YORK, Jan. 17, 2012 (GLOBE NEWSWIRE) -- El Maniel International Inc (EMLL:OTC) announced today that the Company has attracted multi-million dollar funding interest of over $5,000,000 from institutional financiers since becoming an income generating company in the recent fiscal year. "We are very excited with the growing interest from institutional investors in our Company and it is encouraging to see that our efforts in expanding our gold business is attracting new capital" according to Jamie Khoo, CEO of El Maniel International, Inc.
"We have been approached by several institutional funding groups based in Ontario, Hong Kong, Tokyo and Bangkok and we are weighing our options for debt-equity structured capital infusion which presents El Maniel with the flexibility to move forward with its new growth and development plans as well as its stated business objectives including but not limited to exploring new horizons under our gold business domain and addition of mining equipment so as to ramp up production capabilities" added Jamie Khoo "We will continue seeking innovative ways to grow our Company to create value for our shareholders as we remain committed to execute our business plans in 2012". Stay tuned for more updates.
About El Maniel International, Inc:
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 its world class mining claims and the company is committed in creating shareholder's value by ensuring constant development of current and new resources in its global gold business domain. For further information, visit 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 risk 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.