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Wed Sep 29, 2010
Mediterranean Signs MOU For Sale of Yusufeli Project
Vancouver, BC, September 29, 2010 -- Mediterranean Resources Ltd. (the "Company") (TSX MNR, Frankfurt MHM1) is very pleased to announce it has signed a Memorandum of Understanding (MOU) for the advancement and sale of its Yusufeli gold project in north-eastern Turkey.
Further to its news release of June 25, 2010, MNR has agreed to sell the Yusufeli project to one of Turkey's leading mining companies, for a combination of cash to be paid over time, and a retained royalty interest. The ... (4 KB) |
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Fri Jun 25, 2010
Mediterranean Updates Negotiations in Turkey
Vancouver, BC, June 25, 2010 -- Mediterranean Resources Ltd. (TSX: MNR, Frankfurt: MHM1) announces that it is in negotiations with a major Turkish mining company regarding a joint venture to move the Yusufeli property Tac and Corak projects toward production. The basis of the joint venture would be for the Turkish company to earn an interest in the project by investing certain amounts toward developing the project including obtaining the necessary governmental approvals through environme... (3 KB) |
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Wed May 12, 2010
Mediterranean Closes Private Placement
Vancouver, BC, May 12, 2010 -- Mediterranean Resources Ltd. (the "Company") (TSX MNR, Frankfurt MHM1) announces that, further to its news release of May 5, 2010, it has raised an aggregate of $1,130,000 by way of a non-brokered private placement of 14,125,000 shares at a price of $0.08 per share.
The proceeds from the financing will be used for advancement of the Company's Tac, Corak and Celtik projects within the Yusufeli property in Turkey, and for general working capital purposes.
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Wed May 5, 2010
Mediterranean Announces Private Placement
Vancouver, BC, May 5, 2010 -- Mediterranean Resources Ltd. (the "Company") (TSX MNR , Frankfurt MHM1) announces a non-brokered private placement of a maximum of 14,000,000 shares at a price of $0.08 per share for gross proceeds of approximately $1,100,000.
The proceeds from the financing will be used for advancement of the Company's Tac, Corak and Celtik projects within the Yusufeli property in Turkey and for general working capital purposes.
Closing of the placement is subjec... (2 KB) |
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Thu Apr 8, 2010
Mediterranean Announces Celtik Drill Results, Update On Surface Exploration At Cevreli, And Updates Tac And Corak Preliminary Economic Assessment
Vancouver, BC, April 8, 2010 - Mediterranean Resources Ltd. (TSX: MNR, Frankfurt: MHM1) announces drill results to date on resource drilling conducted on the Celtik property following the announcement in December, 2008 of a new discovery at the eastern extension of MNR's 12 kilometre Yusufeli mineralized trend in northeastern Turkey. MNR announces soil geochemistry results from its Cevreli project and also provides an update on the Preliminary Economic Assessment (PEA) being conducted by... (30 KB) |
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Tue Mar 9, 2010
Mediterranean Resources Provides Update On Celtik Drilling And Preliminary Economic Assessment
Vancouver, BC, March 9, 2010 -- Mediterranean Resources Ltd. (TSX: MNR , Frankfurt: MHM1) announces that 5 diamond core drill holes comprising approximately 1,500 metres have been completed on the Celtik project, located at the eastern end of a 12 km mineralized trend encompassed by the Yusufeli Property.
Celtik Discovery
The 3,000 metre, 8 drill hole campaign was curtailed due to unsafe drilling conditions along the exploration roads caused by an abnormally warm wint... (5 KB) |
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Mon Jan 18, 2010
Mediterranean Appoints Communications Manager, Investor Relations
Vancouver, B.C., January 18, 2010 - Mediterranean Resources Ltd. (TSX: MNR; Frankfurt: MHM1) ("Mediterranean") today announced the appointment of John Walter of John Walter Communications Inc. ("JWCI") to the position of Communications Manager, Investor Relations. Mediterranean is engaging the services of JWCI to provide the senior management of the Company with ongoing capital markets counsel.
In addition to a monthly fee, JWCI will be entitled to receive up to 1,000,000 options over time b... (2 KB) |
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