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Mar 04, 2004
Mindoro Selects Ascenta For Investor Relations
Mindoro Resources Ltd. ("Mindoro") today announced it has retained Ascenta Capital Partners Inc. to provide investor relations and financial communications services.

"Mindoro's projects have now advanced to the stage where we believe it is appropriate to actively take our story to the investment community," said Tony Climie, Mindoro's President. "Ascenta has the experience and expertise to ensure we're widely and accurately communicated."

Subject to regulatory approval, Ascenta will receive a fee of $4,000 per month and a stock option to purchase 200,000 shares of Mindoro at $0.32 per share and vesting in accordance with TSX Venture Exchange guidelines. The term of the contract is for 12 months.

About Ascenta:
Ascenta is an Investor Relations consulting firm providing strategic counsel, investor relations planning, investor and media outreach and corporate communications services to Canadian public companies.

About Mindoro:
Mindoro is a Tier One Company listed on the TSX Venture Exchange (symbol MIO.V). The Company is exploring for gold and gold-copper in the high-potential magmatic arcs of the Asia-Pacific Region. Mindoro has been active in the Philippines for 6 years and is currently focused on 6 promising projects in politically stable jurisdictions of the Philippines.

For further information, contact Penny Gould, Executive Vice President:
Phone: (1-780) 413-8187
Fax: (1-780) 426-2716
Email: mindoro@mindoro.com
Website: www.mindoro.com

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

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