Magnum acquires facility in Canada

Magnum D’Or Resources, Inc. announced that they have executed a lease with the option to purchase a 98,000 sq. ft. facility in Magog, Quebec, Canada.

The facility is comprised of a 98,000+ sq. ft. mixed-use building located on approximately 10 acres of land in Magog, Canada. Magnum will also produce ultra fine rubber powders, EPDM powders, EPDM compounds, thermoplastics, and thermoplastics elastomers at the plant.

Magnum has received substantial support in its efforts in locating the facility in Magog from the Royal Bank of Canada, as well as the Local, Federal, and Provincial Governing Bodies.

Magnum is currently in negotiations for funding that includes grants, project funding, and financial assistance offered by the Ville de Magog and other government programs offered by both the Quebec and Canadian governments.