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Mar 26, 2001
Mindoro Announces Proposed Issue Of Shares For Debt
Mindoro Resources Ltd. ("Mindoro") hereby announces, subject to regulatory approval, a proposed issuance of 400,000 common shares at an ascribed price of $0.15 in exchange for debt in the aggregate amount of $60,000 owed to two officers of Mindoro.

Mindoro trades on the Canadian Venture Exchange under the symbol MIO.

For further information, contact Penny Gould, Executive Vice President.

Phone: (1-780) 413-8187
Fax: (1-780) 426-2716
Email: mindoro@mindoro.com
Website: http://www.mindoro.com

The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
 
 

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