LAS VEGAS, Jan. 28, 2016 (GLOBE NEWSWIRE) -- Transnational Group, Inc. “Transnational” (OTC:TAMG) today announced the appointment of Israel Gamliel as the Company’s Chief Operating Officer (COO).
Israel Gamliel has several years of experience serving as the CEO, President and owner of multiple companies in diverse markets including construction, real estate and the garment industry. He has successfully led two companies in different industries from zero to multi-million dollar revenues in less than two years. In his experience, Israel has also led the successful establishment of foreign manufacturing operations including the construction of a new factory and management of hundreds of employees and contractors.
“Transnational Group is very pleased to welcome Israel Gamliel as our new COO. He has demonstrated an ability to lead companies through periods of significant revenue growth in a short time frame through the optimum management of people, products, raw materials and financial resources,” stated the Company’s CEO, Dr. Philip Dutoit.
“Specifically, his talents and experience in effectively managing and coordinating the international logistics of equipment, merchandise and materials will be of tremendous value to Transnational moving forward,” added Dr. Dutoit.
“I am excited to join the management team of Transnational Group and eager to begin working together to devise the best strategies to grow our short and long term revenue streams. This is a very exciting time for the Company as it moves forward with its gypsum mining operations while also exploring potential new markets and opportunities that will increase Transnational’s shareholder value,” commented Mr. Gamliel.
About Transnational Group, Inc.
Transnational Group is a mineral and natural resource exploration company focused on acquiring and mining mineral-rich assets in the Southwestern United States. The Company’s mission is to acquire properties rich in high-grade gypsum and other minerals that have the potential for long-term production and sustainable revenue generation. Transnational is continuously exploring strategic acquisition, partnership and joint venture opportunities that can increase its capital, equipment and natural resource assets.
Investors: The United States Securities and Exchange Commission limits disclosure for U.S. reporting purposes to mineral deposits that a company can economically and legally extract or produce. We use certain terms on this press release, such as "reserves," "resources," "geologic resources," "proven," "probable," "measured," "indicated," or "inferred," which may not be consistent with the reserve definitions established by the SEC. U.S. investors are urged to consider closely the disclosures in our reports filed with the OTC Markets Group, Inc.
Forward-Looking Statements:
This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond our control.