Transeastern Power Trust Announces Binding LOI for the Acquisition of all of the Issued and Outstanding Securities of Mediterranean Resources Ltd.

TORONTO, ONTARIO -- (Marketwired) -- 07/10/15 -- Transeastern Power Trust ("Transeastern") (TSX VENTURE: TEP.UN) and Mediterranean Resources Ltd. ("Mediterranean") (NEX: MNR.H)(OTC PINK: MNRUF) are pleased to announce that they have entered into a binding letter of intent (the ...