Marble on the web!
February 02, 1999 15:39
MG Natural Resources Corp. Reports a 400 Percent Increase in Marble Sales
MARBLE QUARRY, Ariz.--(BUSINESS WIRE)--Feb. 2, 1999--January production and sales of crushed marble has dramatically increased by 400 percent over December.
February appears to be headed toward a 100 percent increase over January. Management anticipates marble quarry profits by March. The company has increased its marble delivery capacity by the purchase of two trucks with trailers licensed to haul 80,000 pounds each. Quarry equipment has been increased with the addition of a 2nd front-end loader and pneumatic drilling equipment.
WEB SITE -- The MG Natural Resources Web site has increased activity by more than 300 percent since it began in October 1998. During January, 1999, there were 13,659 visits to the site. There is now a retail portal on the Web site whereby marble ground cover can be ordered either retail or wholesale. Free samples of the marble ground cover can also be ordered. Management states, "the use of the Web site for sales is a natural extension of the current marketing through radio and TV exposure in the Phoenix metro area".
MEETING -- Management of both MG Natural Resources and Johnson/Lett met on Saturday Jan. 29, 1999. Productive discussions took place in anticipation of MG's acquisition of J/L at the conclusion of a successful "due-diligence" of Johnson/Lett technology.
MG Natural Resources Corp. is a diversified, environmentally responsible natural resource company. Its mission is to continue building a natural-resource company by acquiring, developing and operating resource assets, converting them to significant cash-flow generators and thus enhancing shareholder value.
Forward-looking statements in this release are made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, commodity prices of precious metals, increased levels of competition for the company, perfection of extraction technology, the company's dependency upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the company's periodic reports. The company assumes no obligation to update the information in this release.
All inquiries can be made through the offices of MG Natural Resources Corp. at 1334 E. Chandler Blvd., No. 5, B-72, Phoenix, Ariz. 85048 or by calling Mike Amundson, president and chief executive officer, at 602/460-7842 or Fax at 602/460-6324. MG Natural Resources information can also be obtained through its Web site, mg-resources.com.
CONTACT: MG Natural Resources Corp.
Mike Amundson, 602/460-7842, Fax 602/460-6324
mg-resources.com
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