Virgin Metals Achieves Toronto Stock Exchange Listing
Tue May 1, 5:00 PM
ca.news.finance.yahoo.com
TSX Venture Exchange
Symbol: VGM
Shares Outstanding: 76,650,130
TORONTO, May 1 /CNW Telbec/ - Virgin Metals Inc. (TSX-V: VGM) ("Virgin Metals" or the "Company") is pleased to announce that the Toronto Stock Exchange ("TSX") has approved the Company's application for listing of Virgin Metals' outstanding common shares on the TSX. Commencing market opening on Wednesday, May 2, 2007, the common shares of Virgin Metals will begin trading on the TSX under the symbol "VGM". On commencement of TSX trading, Virgin Metals' shares will be delisted and cease trading on the TSX Venture Exchange.
Virgin Metals is a junior exploration and development company; its projects include two copper/molybdenum porphyry properties in Sonora, northern Mexico. One of these, Los Verdes, is expected to evolve rapidly towards production while the other, Cuatro Hermanos, is expected to be the focus of expanded exploration effort.
FORWARD-LOOKING STATEMENTS
This press release includes certain "forward-looking information" within the meaning of the Securities Act (Ontario), including, but not limited to, statements as to timing and extent of exploration programs and the availability of exploration results. As such, forward-looking information addresses future events and conditions and so involves inherent risks and uncertainties, as disclosed under the heading "Risk Factors" and elsewhere in Virgin Metals documents filed from time to time with the Ontario Securities Commission and other regulatory authorities. Actual results could differ significantly from those currently projected as a result of, among those factors, adverse weather, regulatory changes, delays in receiving permits, accidents and delays in completing exploration activities not all of which are in the control of Virgin Metals. The forward-looking information contained herein is Virgin Metal's reasonable estimate today of future events and conditions, but no assurance can be given that such events or conditions will occur.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press release.
Contacts
Mr. Chris J. Berlet
cberlet@virginmetals.com
Director
Manager
Investor Relations
(416) 364-9988
Renmark Financial Communications Inc.: Barbara Komorowski
bkomorowski@renmarkfinancial.com
Neil Murray-Lyon
nmurraylyon@renmarkfinancial.com
Media - Vanessa Napoli
vnapoli@renmarkfinancial.com
(514) 939-3989
Fax: (514) 939-3717
www.renmarkfinancial.com |
