Thursday, January 3, 2008

What Could Possibly Go Wrong?

"Up 170.00% on Wednesday"

Magnum d'Or Resources, Inc., a junior resource company, engages in the exploration and development of base and precious metal assets primarily in Mongolia. The company has an option to acquire 100% interest in the Shandi gold-copper property located in southeastern Mongolia that consists of approximately 20667 hectares, as well as the Khol Morit porphyry-copper gold property located in southeastern Mongolia. The company was founded in 1999 and is based in Ft. Lauderdale, Florida.

January 2 - Magnum d'Or Resources Enters into Exclusive Licensing Agreement with Spreelast A.G. and Terminates Stock Purchase Agreement with Terra Elatomer S.L.

Magnum d'Or Resources, Inc. (the "Company") entered into an exclusive licensing agreement with Spreelast A.G. (hereinafter called "Spreelast") on December 21, 2007. Under this agreement, the Company will have the exclusive right to utilize present and future patents and trade secrets developed and utilized by Spreelast in the United States, Canada and China. The exclusive licensing agreement involves the techniques to produce thermoplastic elastomer (TPE) resembling Elastomeric Alloys: EA production through the use of old and waste rubber powder using a dynamically stabilized melt-mix process.

Magnum D'Or Resources, Inc. Chairman and CEO Chad A. Curtis Resigns, Board Director Joseph J. Glusic Named New Chairman and CEO