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Fri Feb 24, 2006 Mediterranean Closes $6.63 Million Brokered Private Placement and Graduates to TSX Venture Tier 2 Culminating the Restructuring Process Vancouver, B.C., February 24, 2006 -- Mediterranean Resources Ltd. (TSX-V:MNR) (the "Company") is pleased to report that, further to its news releases of September 28, 2005, October 28, 2005 and February 3, 2006, it has closed its brokered private placement comprising of 26,522,600 units ("Units") at a price of $0.25 per Unit for gross proceeds of $6,630,650. Each Unit consists of one common share ("Share") and one-half of one share purchase warrant ("Warrant"). Each whole Warrant is exercisab... (2 KB)

Fri Feb 3, 2006 Mediterranean Announces Amendment to Private Placement 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 conditi... (0 KB)

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