VANCOUVER, Jan. 13 /CNW/ - Mediterranean Resources Ltd. (TSX: MNR;
Frankfurt: MHM1) ("Mediterranean") announces the appointment of
Christopher E. Ecclestone as a Director, effective today.
Christopher Ecclestone is a Principal at the boutique New York
investment bank, Hallgarten & Company, which specializes in
mining-related concerns. He is well-known for his consultancy to the
rare earths and specialty metals industries. Prior to this position, he
was the head of research at an economic think-tank in New Jersey which
he joined in 2001. For ten years prior to that he was the Founding
Principal of the Argentine equity research house, Buenos Aires Trust
Company, from 1991 until 2001. Prior to his arrival in Argentina, he
worked in London as a corporate finance and equities analyst and as a
freelance consultant on the restructuring of the securities industry.
He has also worked for the Federal and State governments in Australia.
He is a native of Melbourne, Australia and graduated in 1981 from the
Royal Melbourne Institute of Technology. More recently, Mr. Ecclestone
has agreed to become the Chief Executive Officer of Rara Terra Capital
Corp. upon completion by it of its qualifying transaction on the TSX
Venture Exchange, involving the acquisition of rare earth mineral
properties in British Columbia and Argentina.
The TSX does not accept responsibility for the adequacy or accuracy of
SOURCE Mediterranean Resources Ltd.
For further information:
Peter J. Guest
President & CEO