MINDORO RAISES ADDITIONAL $792,686 FROM SALE OF RMX SHARES
EDMONTON, ALBERTA, April 4, 2014 - Mindoro Resources Ltd. (TSXV: MIO; ASX: MDO; Frankfurt: WKN 906167) (“Mindoro”, or “the Company”) today advised that, further to its press release of March 7, 2014, the Company has sold an additional 51.8 million shares of Red Mountain Mining Ltd. (“Red Mountain”) through the facilities of the Australian Securities Exchange in a series of trades at an average price of C$0.0154 per share for additional proceeds of C$792,686 net of broker’s fees (converted into Canadian dollars using C$1.00 = A$1.0172, that being the exchange rate reported by the Bank of Canada on April 3, 2014). Mindoro retains 14,227,055 Red Mountain shares, representing a 2.1% interest in Red Mountain
MDO hopefully are out for good.
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mindoro raises additional $792,686.
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