LevelStock.com: Magnum Announces Installation of Powder Equipment at Magog, QC Facility

Feb. 5, 2010 - PRLog -- Braintree,Ma. LevelStock.com is pleased to announce today 5th Feb 2010, to all of its members and investors information on  Magnum D’Or Resources, Inc. (OTC Bulletin Board: MDOR)  The Company released news after market close on Feb 4th as follows:

Magnum D’Or Resources, Inc. (OTC Bulletin Board: MDOR) (the “Company“), a high tech rubber solutions company, announced today that its wholly-owned subsidiary, Magnum Engineering, Inc. (MEI), is in the process of installing fine rubber powder production equipment at the Company’s Magog, Quebec facility.  The equipment and machinery will be used to produce ultra fine and clean rubber powders.  The Company anticipates that the new equipment and machinery will be put into production during the first quarter of 2010.

Commenting on this development, Joseph Glusic, the Company’s Chief Executive Officer, stated “Magnum is excited about the ongoing installation of equipment at the Magog facility.  We intend to continue to update the market regarding our progress in Magog, as well as the progress regarding the anticipated installation of fine rubber powder equipment at our Hudson, Colorado facility.”

To see pictures of the installation process, please follow the below link:

http://magnumresources.net/news/868

About MDOR:

Magnum D’Or Resources, Inc. (the “Company“) is an entity based in Ft. Lauderdale, Florida engaged in the tire recycling industry.  The Company maintains facilities in Hudson, Colorado that include approximately 120 acres of commercially-zoned land, and these facilities include one of the largest tire landfills in the USA.  The Company currently has exclusive agreements pursuant to which it can utilize new technologies to produce custom compounds, retread compounds, processing aids, advanced state-of-the-art equipment, and reactivated ambient/cryogenic rubber powders for the global market.  The Company’s wholly-owned subsidiary maintains a facility based in Magog, Quebec that currently produces rubber buffing, nuggets and crumb from recycled scrap tires.  Additional information regarding the Company, its wholly-owned subsidiaries and its technologies is available at www.magnumresources.net.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Statements contained in this press release contain the Company’s or its management’s expectations and assumptions about future events, are forward-looking statements intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, and the results anticipated by any or all of these forward-looking statements may not occur.  In addition, these statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by these forward-looking statements.  Factors that could affect those results include, but are not limited to, those described in the Company’s annual report on Form 10-K for the fiscal year ended September 30, 2009, as well as the Company’s subsequent reports on Form 10-Q and Form 8-K,  which have been or will be filed with the Securities and Exchange Commission.

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