11:48 AM EST - Mediterranean Resources Ltd. : announced that it has signed a Letter of Intent with Golden Touch Resources Corp. to acquire all of the issued and outstanding shares of Golden Touch Resources Australia Pty Ltd, Golden Touch's wholly-owned subsidiary. Golden Touch Australia is the parent company of JAB Resources Ltd. which holds all of the GOT's exploration properties in Albania. Mediterranean Resources Ltd.
shares T.MNR are trading up $0.01 at $0.11.