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Nov 24, 2006
EDMONTON, Alberta; November 24, 2006 - Mindoro Resources Ltd. (TSXV: MIO; Frankfurt: WKN 906167) has received a total of $226,506.60 from the exercise of 755,022 purchase warrants, at $0.30 per share, that were to expire on November 22, 2006. Warrants exercised includes 311,000 warrants exercised by Mindoro's President, Tony Climie, 146,800 warrants exercised by Mindoro's Executive Vice President, Penny Gould and 7,222 warrants exercised by Mindoro's Director, Marshall Farris.
Following the exercise of the warrants, Mindoro has 64,830,515 shares issued and outstanding and 79,912,464 shares fully diluted.
Mindoro is a Tier 1 Issuer trading on the TSX Venture Exchange (MIO) and the Frankfurt Stock Exchange (WKN 906167). The company is focused on the Philippines where it is drill-defining a gold resource on its Kay Tanda Prospect and has identified 22 porphyry copper-gold drill targets, as well as a promising nickel-iron laterite prospect.
FOR FURTHER INFORMATION, CONTACT:
Executive Vice President
Ascenta Capital Partners Inc.
Toll Free: 1.866.684.4209 ext. 228
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
You can view the Next Press Releases item: Mon Nov 27, 2006, New High-Grade Gold-Silver Zone Intersected at Kay Tanda
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