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MonArc Corporation (MONA:PK) Begins Processing Activated Carbon Onsite

Posted on: Thursday, 18 December 2008, 07:45 CST

PIURA, Peru, Dec. 18 /PRNewswire-FirstCall/ - MonArc Corporation www.monacorporation.com and www.andrea-sa.com (MONA.PK) is pleased to announce that given the enormous success of our first substantial production run from our in house pregnant activated carbon processing, that we have decided to further expand the facility by including a 20 ton pre-leach tank to the process that we believe will have the capability to increase production by a further 50% along with a second jaw crusher.

Alex Diaz the chief geologist and CEO also reports that "work has also commenced to enclose the processing facility to an all weather facility therefore extending the production hours available to the plant".

Given the cashflow now being generated by the plant, this allows for timely expansion and increased production that is fully supported by the local authorities who visited the plant last week, as well as the addition of the Diego Aron 400ha property, the future is looking very secure.

Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.

Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.

For corporate matters contact: corporate@monacorporation.com

CONTACT: corporate@monacorporation.com

SOURCE MonArc Corporation (MONA)


Source: PR Newswire

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