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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Plateau Mineral Development Inc (CE) | USOTC:PMDP | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.000001 | 0.00 | 01:00:00 |
The new electronic market will allow small and large precious metal traders to purchase and store silver and gold bullion using an online secure interface. The Company has combined various 'white label' agreements with market trading service providers, banks, and bullion storage providers. The Company will achieve further cost and operational efficiencies through offering metal in its direct possession or in transit across its multiple transship/refining routes.
The Company will leverage its preferred pricing on metal acquisition to offer customers worldwide with savings, superior delivery, and storage options. Because all transactions and metals are fully insured and underwritten by the company's surety operations, customers are assured of superior pricing, delivery, bullion delivery, and audit guarantees.
The trading platform is scheduled to open, worldwide, on April 30, 2011.
The Company will soon announce a private-label trading-partner program allowing both industry and financial partners to leverage the Company's infrastructure and offer a trading platform under their own brand to their customers. This planned program is part of the Company's international expansion plans through relationship with industry and financial institutions.
ABOUT PLATEAU METALS
Plateau Metals provides precious metal trading, 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: 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
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