Plateau Mineral Development Announces Its Live Metals Trading Platform With Estimated Market of $100,000,000 in Transactions Ove
30 March 2011 - 2:27AM
Marketwired
Plateau Mineral Development "Plateau Metals" (PINKSHEETS: PMDP)
announced today its live gold and silver trading platform as part
of its 2011 business plan roll-out. The company's trading platform
is part of its previously published business operational plans.
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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