Red Mountain Mining Ltd.

Mindoro wishes to update shareholders on the progress of the proposed acquisition of Mindoro's Batangas and Tapian San Francisco gold and copper-gold assets in the Philippines through the issue of shares by Red Mountain Mining Ltd - Both the Mindoro and RMX due diligence processes are proceeding smoothly and are expected to be completed on or before 29 June. Both parties expect to sign a binding Share Sale Agreement on or [...]