Parafin Corp. (OTC Pink:PFNO ISIN: US69912M4006) begin a joint venture with Kinz Petroleum Ghana Ltd.

Potsdamer Treuhand und Wirtschaftsberatung GmbH
Andreas Greiner
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14167 Berlin

AG Potsdam - HRB 346 P
Geschaeftsführung : Uwe Blaesing
E-Mail: taersiep@potsdamer-treuhand.de
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Telefon: +49 (0)30 84720172
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(firmenpresse) - Berlin, 21.12.2012 – The Resource Development Group, Inc.


is internationally oriented and active as an advisory and investment company.

The company develops new business concepts for the economy and public infrastructures, offers,
as an independent advisor, Know-How and capital for start-ups as well as small businesses and develops investment concepts for the financial service sector, banks, reinsurers and pension funds.

The Resource Development Group, Inc. announced that it has obtained the first offer of a business transaction for its strategic partner the Parafin Corp. (PFNO) with the Kinz Petroleum Ghana Ltd, a Ghana-based crude oil trading company.

The initial transaction relates to the trade of 1 million barrels of bonny light crude oil.

The Resource Development Group, Inc. had completed a LOI with Kinz PETROLEUM Ghana Ltd. in the middle of 2012 for a planned investment. The Resource Development Group, Inc. now plans to resume the final investment negotiations in January 2013 for a participation in Kinz Petroleum Ghana Ltd..

The Resource Development Group, Inc. aims to acquire a position of 25.1 % in the company.

Kinz Petroleum Ghana Ltd. is a contractual partner of the state oil refinery in Ghana and a licensed trading company for crude oil from the state oil refinery in Ghana.


Forward-looking statements:

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933
and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than
statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company,

are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the
prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward looking statements are further
qualified by other factors including, but not limited to those, set forth in the Company’s Form 10-KSB and other filings with the United States Securities
and Exchange Commission. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new
information, future events or otherwise.

+++++ End of the press release +++++

www.resource-development-group.com Mail: info(at)rdgonline.de


with friendly greetings

Mrs. S.Tärsiep

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Datum: 21.12.2012 - 10:14 Uhr
Sprache: Deutsch
News-ID 1182814
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contact information:
Contact person: Sabine Tärsiep
Town:

Berlin

Phone: 03084720173

Kategorie:

Energy & Utilities

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