| |  | |
 |   Wed Apr 18, 2007
Mediterranean Commences Trading On The Frankfurt Stock Exchange
|
| | Vancouver, B.C. Canada, April 18, 2007 -- Mediterranean Resources Ltd. (TSX.V: MNR) ("Mediterranean") is pleased to announce that its shares have been accepted for trading on the Frankfurt Stock Exchange under the trading symbol MHM1.
"Listing on the Frankfurt Stock Exchange will greatly increase the profile of Mediterranean" stated Dr. Peter Guest, President and Chief Executive Officer of Mediterranean. "We believe this new avenue of distribution represents a great opportunity to increase our liquidity and broaden our shareholder base."
The Frankfurt Stock Exchange is the largest of the eight German stock exchanges and is ranked as one of the world's largest trading centers for securities. The Frankfurt Stock Exchange facilitates advanced electronic trading, settlement and information systems. Thus, it is able to meet the steadily growing requirements of cross-border trading. For more information on the Frankfurt Stock Exchange, visit www.exchange.de.
About Mediterranean Resources Ltd.
Mediterranean acquires and develops advanced stage mineral properties of demonstrated potential. Currently Mediterranean is actively working on its two 100% owned gold properties in Turkey, that saw more than US$4 million of development by a major international mining company during the 1990's.
During 2006, Mediterranean outlined at the Tac Property a NI 43-101 compliant Indicated Resource of 773,313 ozs of gold and 34,220,429 lbs of copper on a uncapped basis with average grades of 2.01 g/t gold and 0.13% copper at a 1.0 g/t gold cut-off. During 2007, Mediterranean will continue drilling the Tac Property with a goal of increasing these resources; and will also drill the Corak Property with the goal of completing a NI 43-101 compliant resource. Please visit www.medresources.ca for additional information.
For further information please contact:
Peter J. Guest
President & CEO
604-669-3397
Jag S. Sandhu
VP Corporate Development
604-306-1950
www.medresources.ca
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. |
| |
| You can return to the Top of this page
|
|
|
