Verena Minerals Appoints Officers
05 Mars 2010 - 1:00PM
Marketwired
Verena Minerals Corporation ("Verena" or the "Company") (TSX
VENTURE: VML) is pleased to announce that it has appointed Ryan
Ptolemy as Chief Financial Officer and Patrick Gleeson as Corporate
Secretary. Ryan Ptolemy is Certified General Accountant and CFA
charter holder. Mr. Ptolemy is also currently CFO of Rodinia
Minerals Inc., a Canadian mineral exploration company with a
primary focus on lithium exploration and development in North and
South America. From August 2005 to September 2009, Mr. Ptolemy was
at an independent investment dealer in Toronto, most recently
serving as CFO where he was responsible for financial reporting,
auditing, budgeting and internal controls. Patrick Gleeson is a
corporate lawyer in Canada and an officer of a number of public
resource companies.
In addition, the Company also announces it has agreed to grant
options to purchase an aggregate of 6,605,000 common shares to
certain directors, officers and consultants of the Company. The
options can be exercised at $0.34 per common share for a period of
five years from the date of the grant. The grant of options remains
subject to the receipt of all required regulatory approval,
including the approval of the TSX Venture Exchange.
About Verena
Verena Minerals Corporation is a Canadian based mineral
exploration company with portfolio of properties including gold and
Alexandrite gemstones in Brazil. Verena's prime focus is on
completing a feasibility study and expanding its 100% owned Volta
Grande Project, located in Para State. Verena trades on the TSX
Venture Exchange and has approximately 136 million common shares
issued and outstanding.
Cautionary Statement on Forward Looking Information
This press release contains "forward looking information" within
the meaning of applicable Canadian securities legislation. Forward
looking information includes, but is not limited to, statements
with respect to the impact of appointed officers and the terms of
options granted. Forward-looking information is subject to known
and unknown risks, uncertainties and other factors that may cause
the actual results, level of activity, performance or achievements
of the Company to be materially different from those expressed or
implied by such forward-looking information. There can be no
assurance that such information will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward looking information. The Company
does not undertake to update any forward-looking information,
except in accordance with applicable securities laws. For a more
detailed discussion of such risks and other factors, refer to
Verena's filings with the Canadian securities regulators available
on www.sedar.com or the Company's website at www.verena.com.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Verena Minerals Corporation Mark Eaton President and
CEO (416) 861-5805 www.verena.com
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