Mediterranean is pleased to announce that subject to exchange approval, the Company intends to complete a non-brokered private placement of up to 6,000,000 units of the Company at a price of $0.25 per Unit to raise gross proceeds of $1,500,000. Each Unit will consist of one common share of the Company and one half of one non-transferable share [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 18, 2014) - Mediterranean Resources Ltd. (the "Company") (NEX:MNR.H) (OTC PINK:MNRUF) is pleased to announce that the Company's Turkish subsidiary, Akdeniz Resources Madencilik A.Ş. ("Akdeniz"), the owner of the Company's flagship Yusufeli property, has entered into a Letter of Intent dated December [...]
Mediterranean Resources is pleased to announced that, further to its prior news release dated December 12, 2014, it has received approval by the NEX for the consolidation of the Company's issued and outstanding common shares on the basis of ten pre-consolidation shares for one post-consolidation share. The number of post-Consolidation shares issued [...]
Mediterranean announces that on December 11, 2014 the Company's Board of Directors approved a share consolidation of the outstanding share capital of the Company on the basis of ten (10) pre-consolidation common shares for one (1) post-consolidation common share. Subject to receipt of NEX approval, the consolidation will result in 14,219,132 common [...]
Mediterranean will not be proceeding with the private placement previously announced on August 21, 2014 and August 25, 2014. The Company is currently considering alternative financing. The Company would also like to announce that Alex Gostevskikh has resigned as a Director of the Company for personal reasons. The Company would like to thank him for [...]
Mediterranean Resources is pleased to announce further details for the proposed migration of its listing to the TSX Venture Exchange. On May 20, 2014 the Toronto Stock Exchange made its decision to delist the Company. In anticipation of the Delisting, the Company has applied to list its common shares on the TSX-V. On August 22, 2014, the TSX [...]
The Company is pleased to announce that, subject to regulatory approval, it intends to complete a non-brokered private placement financing of units of the Company at a price of $0.05 per Unit to raise gross proceeds of between $1,000,000 and $1,500,000. The Company intends to issue between 20,000,000 Units and 30,000,000 Units pursuant to the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 5, 2014) - Mediterranean Resources Ltd. (TSX:MNR) (FRANKFURT:MHM1) ("Mediterranean" or the "Company") is pleased to announce that the cease trade order issued by the Ontario Securities Commission (the "OSC") on May 20, 2014 was revoked on August 1, 2014. The cease trade order was issued in connection [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 31, 2014) - Mediterranean Resources Ltd. (TSX:MNR: (FRANKFURT:MHM1) ("MNR" or the "Company") wishes to report that, as a result of a review by the British Columbia Securities Commission ("the BCSC"), MNR is issuing the following news release to clarify the Company's disclosure with respect to the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 20, 2014) - Mediterranean Resources Ltd. (TSX:MNR)(FRANKFURT:MHM1) ("Mediterranean" or the "Company") is pleased to announce that the cease trade order dated May 2, 2014 issued by the British Columbia Securities Commission was revoked on June 3, 2014, and the cease trade orders dated April 16, 2014 [...]
TORONTO, June 19, 2014 /CNW/ - DELISTING REVIEW Mediterranean Resources Ltd. (the "Company") Further to TSX Bulletin 2014-0649 dated June 10, 2014, the common shares (Symbol: MNR) of the Company (the "Common Shares") will now be delisted at the close of business on Thursday July 17, 2014 for failure to meet the continued listing requirements of [...]
TORONTO, June 10, 2014 /CNW/ - DELISTING REVIEW Mediterranean Resources Ltd. (the "Company") - Further to TSX Bulletin 2014-0531 dated May 16, 2014, the common shares (Symbol: MNR) (the "Common Shares") of the Company will now be delisted at the close of business on Thursday June 19, 2014 for failure to meet the continued listing requirements of [...]