11:50 AM EST - Melior Resources Inc. : and Firestone Ventures Inc. announced today that they have entered into a letter of intent in connection with a proposed transaction pursuant to which Melior would acquire all of the issued and outstanding common shares of Firestone in consideration for the issuance to Firestone shareholders of one Melior common share for each 2.895 Firestone common shares held. Melior Resources Inc.
shares V.MLR are trading unchanged at $0.09.
