Medoro Resources advised by OSC

Medoro Resources Advised of OSC Investigating Trading in Shares

 

    TORONTO, Feb. 27 /CNW/ - Medoro Resources Ltd. (TSX-V/AIM: MRL) announced

that it has been advised by the Ontario Securities Commission that the OSC has

asked for a detailed chronology of events leading up to the announcement of

January 25, 2006 including a list of all persons who were aware of the planned

financing. Medoro is cooperating fully to provide the information requested by

the OSC.

 

    Medoro Resources is a gold exploration and development company focused on

gold opportunities in Italy and elsewhere. In addition to its financial

assets, the company has a 30% interest in the Monte Ollasteddu gold prospect

in Italy.

 

    THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT

    RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE

 

    For further information: Peter Volk, Secretary, [phone],

info(at)medororesources.com

    (MRL.)