03:44 PM EST - Khan Resources Inc. : announced that it has signed a Letter of Intent with Marubeni Corp. of Japan relating to uranium exploration and mining in Mongolia. The Energy Division of Marubeni is a multi-national trading company that has been most successful in investing in the oil, gas and uranium sectors, and is interested in working with Khan on the Mongolian Dornod uranium project. Khan Resources Inc.
shares T.KRI are trading up 14.71 percent at $0.20.