SOURCE: Plateau Mineral Development, Inc.

March 22, 2011 10:43 ET

Plateau Mineral Development Announces New Trade Route and Opens New Shipping, Refining, and Delivery Point Originating in South Africa

NEW YORK, NY--(Marketwire - March 22, 2011) -  Plateau Mineral Development (PINKSHEETS: PMDP) "Plateau Metals," announced today it has opened a new purchase, shipping, and delivery route originating from South Africa. 

The new source for gold dust and other precious metals will provide origination from South Africa. From there the Company will ship to the USA for refining with final delivery and resale terminating in Europe.

The Company expects to complete final sales, surety, and shipping agreements by 29 March 2011. At which time, revenue projections will be revised upward accordingly.

The Company's value-added service of purchase, refining, and transaction underwriting, provide end-to-end fully insured deliverables for precious metals. The Company consolidated operations and in-house surety and insurance services allow for simpler transaction structuring and higher margins for all parties.

ABOUT PLATEAU METALS

Plateau Metals provides precious metal shipping, production, transaction underwriting, and related services. Plateau operates across the world through its agents and offers service to multiple jurisdictions. Plateau offers complete solutions to buyers and sellers of precious metals that include storage, shipping, and transaction underwriting and arbitrage. 

Plateau also acquires, develops, integrates and operates strategically aligned precious metal assets in worldwide markets where expansion is planned through additional investments to support organic growth; thereby providing significant revenue, and equity growth.

The company's operations are distributed across multiple international time zones with executives and agents located in client-appropriate locales. The company's website is www.plateaumetals.com.

Safe Harbor Statement:

This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.

Contact Information

  • CONTACT:
    Plateau Metals
    Investor Relations
    New York: 1.917.463.3364
    London: +(44) (0)20 337 17122
    Fax: +(44) (0)208 338 0655

    info@plateaumetals.com