PRMO Prom Resources Inc (PK)

Prom Resources, Inc. (PINKSHEETS: PRMO) ("the Company") is pleased to announce that Mr. Shyam Vasnani has been appointed as the company's agent to oversee the operations in the Republic of Ghana. Mr. Shyam Vasnani holds a position at Victory Mining, Madagascar and held a recent position in Krishna International Products, Ltd. in Nigeria, with a strategic position in their operations in Liberia. His in-depth knowledge, combined along with the fact he was brought up in the Republic of Ghana, will allow Prom Resources to leverage his relationships to further the Company's operations and expansion.

During the past two quarters, the Company has made sales that have totaled $2,743,000 USD. The generated profit to the company will be used to purchase equipment, secure new concessions in the Republic of Ghana, and continue to finance new inventories and other opportunities to enhance shareholder value.

"We are pleased to have Mr. Vasnani join our team, and we are excited to have his expertise to enhance our shareholders value," said, Dror Moradov, President of Prom Resources. Further Mr. Moradov added that, "Even with the recent decrease in the market price of gold, the Company will continue to have cost effective margins."

For further information please visit our website at www.promresources.com or email us at info@promresources.com

Investor Relations contact
Dror Moradov - President
Telephone number: 954-697-2199

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual financial or operating results of Prom Resources, Inc. and its subsidiaries (hereafter collectively referred to as "the Company," "we," "our" or "us") to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. The words or phrases "would be," "may allow," "intends to," "may likely," "are expected to," "may continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Such statements include those concerning our expected financial performance, our corporate strategy and operational plans. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties, including: (a) not being able to discover any material economically feasible to mine; (b) whether to manage our planned growth efficiently, including whether management will be able to identify, hire, train, retrain, motivate, and manage required personnel or that management will be able to manage and exploit existing and potential market opportunities; (c) whether to generate sufficient revenues or obtain financing to sustain and grow our operations. Prom Resources, Inc.'s plans, as reflected above, should not be construed by any means whatsoever as a reflection of the Company's future stock price or future financial results.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Investor Relations contact Dror Moradov President Telephone number: 954-697-2199