03:34 PM EST - Mediterranean Resources Ltd. : announced a private placement to raise up to $1,500,850 through the distribution of up to 11,545,000 units at $0.13 per unit. Each unit will consist of one common share and one warrant (each warrant exercisable at $0.25 per share for 24 months following the closing date). Mediterranean Resources Ltd.
shares T.MNR are trading down $0.015 at $0.13.
