09:52 AM EST - TVI Pacific Inc. : announced today that TVI's Philippine operating affiliate, TVI Resource Development (Phils.), Inc. (TVIRD) has signed a memorandum of agreement ("MOA") with Korea Malaysia Philippines (KMP) Resources, Inc., Rapu-Rapu Minerals, Inc. and Rapu-Rapu Processing, Inc. The MOA outlines terms for the settlement of outstanding Net Smelter Return payments to TVIRD. TVI Pacific Inc.
shares T.TVI are trading up $0.005 at $0.03.
