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 17, 2014 (the "LOI") with Çeka İnşaat ve Sanayi Ticaret A.Ş., a private Turkish corporation ("ÇEKA"), to form a joint venture on the Yusufeli property in the province of Artvin, Turkey. Robert Abenante, the Company's CEO, states: "We are very pleased with the proposed joint venture with ÇEKA. The joint venture will allow t...
[...]