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MRP

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
TSXV:MRP TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Mira Receives Service Provider Default Notice

22/05/2013 2:30pm

Marketwired Canada


Mira Resources Corp. ("Mira") (TSX VENTURE:MRP) - Mira has received a default
notice from Associated Oil and Gas Services Limited ("Associated") and Dansaki
Petroleum Limited ("Dansaki") under the terms of Mira's joint operating
agreement ("JOA") with Associated and Dansaki. Mira acts as service provider
under the JOA. The default notice does not comply with the default provisions of
the JOA but Mira has acknowledged receipt of the notice and is trying to work
within the terms of the JOA to address the current concerns of Associated and
Dansaki.


On March 22, 2013, Mira announced its intention to develop the Tom Shot Bank
Field to production and to secure a non-brokered private placement of $5
million. This financing will allow Mira to advance the next steps towards its
ultimate goal of field production. Mira has been securing subscriptions for this
financing, however, challenging conditions in the venture markets have caused
delay in closing on the full amount of the financing. Mira will continue to
provide updates on the progress of its financing and the status of its
contractual position with Associated and Dansaki.


ON BEHALF OF THE BOARD OF DIRECTORS

Johnathan More, CEO and Director 

FOR FURTHER INFORMATION PLEASE CONTACT: 
Mira Resources Corp.
Investor Relations
Toll Free: 1-855-687-7742
www.miraresourcescorp.com

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