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Jun 25, 2008
Mindoro Retains Renmark Financial For Investor Relations Services
EDMONTON, Alberta; June 25, 2008 - Mindoro Resources Ltd. (TSXV: MIO; Frankfurt: WKN 906167) is pleased to announce that it has retained the services of Renmark Financial Communications Inc. to handle its investor relations activities.
"We are pleased to have acquired Renmark's expertise to assist with achieving broader recognition for our exceptional portfolio of projects in the Philippines. We believe Renmark's experience and methodologies will enhance Mindoro's existing investor relations strategies and reinforce our profile in the financial community," noted Penny Gould, President of Mindoro Resources Ltd.
In consideration of the services to be provided, the Company has agreed to pay a monthly retainer of $6,000 for the first six months, and $7,500 for the remainder of the one-year contract to Renmark Financial Communications Inc.
Renmark Financial Communications does not have any interest, directly or indirectly, in Mindoro Resources or its securities, or any right or intent to acquire such an interest.
Established in 1999, Renmark offers a wide range of integrated investor relations and financial communications Services. Their investor relations experts work hand in hand with their media department, combining to make Renmark one of the largest retail investor relations firms in Canada.
Mindoro is a Tier 1 Issuer trading on the TSX Venture Exchange (MIO) and the Frankfurt Stock Exchange (WKN 906167). In addition to advancing the Agata nickel laterite project towards production, Mindoro has NI 43-101 compliant resource estimates on its Kay Tanda gold-silver project and its Agata nickel laterite project. The company has also identified 22 porphyry copper-gold prospects in the Philippines and is currently involved in several advanced joint venture discussions.
For further information, contact:
INVESTOR RELATIONS - CANADA
Mindoro Resources Ltd.
Penny Gould, President: email@example.com
Toll Free: 1.877.413.8187
Renmark Financial Communications Inc.
Barbara Komorowski : firstname.lastname@example.org
Jason Roy: email@example.com
Tel.: (514) 939-3989
Fax: (514) 939-3717
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
This release may contain forward-looking statements including management's assessments of future plans and operations, and expectations of future production. These statements are based on current expectations that involve a number of risks and uncertainties, which could cause actual results to differ materially from those anticipated. These risks include, but are not limited to, the risks associated with the mining and exploration industry (e.g. operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production). The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
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