11:32 AM EST - Ivanhoe Mines : announced today that the company has signed a binding memorandum of agreement with majority shareholder Rio Tinto that establishes Rio Tinto's support for a series of funding measures expected to cover all projected capital requirements for Ivanhoe's flagship Oyu Tolgoi Project in southern Mongolia for the next four to five years. Ivanhoe Mines
shares T.IVN are trading up $1.24 at $12.87.