11:51 AM EST - Firestone Ventures Inc : and Melior Resources 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. Firestone Ventures Inc
shares V.FV are trading unchanged at $0.04.
