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 |   Fri Feb 3, 2006
Mediterranean Announces Amendment to Private Placement
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| | Vancouver, British Columbia - Mediterranean Minerals Corp. (the "Company") announces that it has agreed with its agents, Northern Securities Inc. in Toronto, and Loeb Aron & Company Ltd. in London, to amend the pricing of its recently announced private placement to $0.25 per unit; each unit comprising of one common share and one-half of one warrant (each whole warrant exercisable at $0.35 for two years). The size of the offering remains unchanged at up to $8,000,000. Subject to certain conditions, the agents have confirmed that a minimum of $4,000,000 will be raised by closing scheduled for February 14, 2006.
ON BEHALF OF THE BOARD
Peter Guest - President & CEO
604 669-3397
www.medresources.ca
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS NEWS RELEASE. |
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