VANCOUVER, Jan. 21, 2013 /CNW/ - Mediterranean Resources Ltd. (TSX: MNR;
Frankfurt: MHM1) ("Mediterranean" or the "Company") is pleased to
announce that it has appointed Sean Davis as Investor Relations Advisor
to represent the company to institutional and retail investors in
Canada and the USA. He will also develop a social media strategy for
the company.
Sean Davis brings with him over 16 years of experience in business
management and ownership. Most recently, Mr. Davis was Manager,
Investor Relations for a TSX venture listed mining company, Rockwell
Lithium.
The company has awarded Mr. Davis 200,000 stock options at $0.12,
expiring October 1, 2015.
On behalf of the Board of Directors,
"Christopher Ecclestone"
President and CEO
The Toronto Stock Exchange does not accept responsibility for the
adequacy or accuracy of this release.
This news release shall not constitute an offer to sell or the
solicitation of an offer to buy securities of the Company in any
jurisdiction. The securities to be issued pursuant to the Offering by
the Company have not and will not be registered under the United States
Securities Act of 1933, as amended (the "1933 Act"), or the securities
laws of any states of the United States, and may not be offered or sold
in the United States absent registration or an applicable exemption
therefrom under the 1933 Act and the securities laws of all applicable
states.
Certain information set out in this News Release constitutes
forward-looking information, which may include information relating to exploration and development of the Company's properties. Forward-looking statements (often, but not always, identified by the
use of words such as "expect", "may", "could", "anticipate", or "will",
and similar expressions) may describe expectations, opinions or
guidance that are not statements of fact and which may be based upon
information provided by third parties. Forward-looking statements are
based upon the opinions, expectations and estimates of management of
the Company as at the date the statements are made and are subject to a
variety of known and unknown risks and uncertainties and other factors
that could cause actual events or outcomes to differ materially from
those anticipated or implied by such forward-looking statements. Those
factors include, but are not limited to risks, uncertainties and other
factors that are beyond the control of the Company, risks associated
with the industry in general, commodity prices and exchange rate
changes, operational risks associated with exploration, development and
production operations, delays or changes in plans, risks associated
with the uncertainty of reserve estimates, health and safety risks and
the uncertainty of estimates and projections of production, costs and
expenses. In light of the risks and uncertainties associated with
forward-looking statements, readers are cautioned not to place undue
reliance upon forward-looking information. In particular, there is no
assurance that the private placement will close in the manner or on the
terms outlined above; or that either the Preliminary Economic
Assessment or the Environmental Impact Assessment will be prepared in a
manner acceptable to the Company or any governmental regulatory
authority. Although the Company believes that the expectations
reflected in the forward-looking statements set out in this press
release or incorporated herein by reference are reasonable, it can give
no assurance that such expectations will prove to have been correct.
The forward-looking statements of the Company contained in this press
release, or incorporated herein by reference, are expressly qualified,
in their entirety, by this cautionary statement.
SOURCE: Mediterranean Resources Ltd.
