VANCOUVER, April 9, 2014 /CNW/ - Mediterranean Resources Ltd. (TSX: MNR) (Frankfurt: MHM1) ("MNR" or the "Company") wishes to advise a delay in filing and mailing its Annual Information Form ("AIF"). The delay in filing the AIF is a result of insufficient funds. Mediterranean expects to file the AIF by April 30, 2014, if not before.
Signed on behalf of the Board of Directors.
Forward-Looking Statements: This Mediterranean Resources Ltd. news release may contain certain "forward-looking" statements and information relating to Mediterranean which is based on the beliefs of Mediterranean management, as well as assumptions made by and information currently available to Mediterranean management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein.
SOURCE: Mediterranean Resources Ltd.
For further information: Christopher Ecclestone, President and CEO, 604-669-3397, www.medresources.ca