09:57 AM EST - TVI Pacific Inc. : announced today that it has entered into a heads of agreement, dated July 6, 2012, which sets out the terms of various proposed transactions with Mindoro Resources Ltd.. The proposed transactions consist of a loan to, investment in, and joint ventures with, Mindoro (or affiliates of Mindoro). The joint ventures are expected to involve TVI's Philippine affiliate, TVI Resources Development Phils., Inc. TVI Pacific Inc.
shares T.TVI are trading unchanged at $0.03.
