Mindoro Announces Proposed IFC Investment

- June 8th, 2010

Mindoro Resources Ltd. (TSX VENTURE:MIO) (FRANKFURT:WKN 906167) is pleased to announce that it has arranged for a potential investment of up to CAD$2,084,047 dollars from IFC, a member of the World Bank Group.

Mindoro Resources Ltd. (TSX VENTURE:MIO) (FRANKFURT:WKN 906167) is pleased to announce that it has arranged for a potential investment of up to CAD$2,084,047 dollars from IFC, a member of the World Bank Group.

The press release is quoted as saying:

Mindoro is a Tier 1 Issuer trading on the TSX Venture Exchange (MIO) and the Frankfurt Stock Exchange (WKN 906167). Mindoro is focused on exploration in the Philippines with a strategy of advancing early stage opportunities to production or joint venture. Mindoro controls major nickel laterite resources in the Surigao District, Mindanao, where potential for a direct shipping ore (DSO) operation to generate early cash flow is being advanced as well as large scale potential for an onsite processing plant.

Click here to access the entire press release

Click here to access Mindoro Resources Corporate Site

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