VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/22/13 — PARALLEL MINING CORP. ("Parallel", or the "Company") (TSX VENTURE: PAL) announces that a Letter of Intent dated January 22, 2013 entered into with Abalor Minerals Inc. ("Abalor"), a private Canadian corporation has been abandoned. The Letter of Intent provided for Parallel to acquire an interest in three Canadian mineral properties by acquiring all the issued and outstanding shares of Abalor subject to TSX
