December 17, 2004--Toronto, Ontario--Vena Resources Inc. (Vena or the Company) is pleased to announce that effective December 15, 2004 the TSX Venture Exchange (the “Exchange”) accepted the Company’s application for listing of its common shares on the Exchange under the trading symbol “VEM”. Trading will commence at the opening of business Monday, December 20, 2004. The Company is listed as a Tier 2 Mining Issuer. Clarus Securities Inc. sponsored the Company’s application for listing and as consideration will receive $25,000 plus expenses. In connection with the Company’s listing application 13,807,750 common shares held or controlled by the principals of the Company have been escrowed. The escrowed shares will be released over a 36 month period in accordance with the Exchange’s release schedule applicable to Value Securities i.e. 10% of the escrowed securities will be released on the date of the Exchange Bulletin announcing the listing and the remaining escrowed securities will be released in equal tranches of 15% at 6 month intervals with the last release to be made 36 months following the Exchange Bulletin.

Effective December 16, 2004 the Company also completed a non-brokered private placement of 1,199,000 units (the “Units”) at $0.40 per Unit, aggregating total proceeds of $479,600. Each Unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to purchase one common share of the Company as presently constituted at an exercise price of $0.60 on or before June 16, 2006. The proceeds of the private placement are to be used for exploration expenditures and working capital.

About Vena Resources Inc.

Vena Resources is dedicated to aggressively acquiring, exploring and developing high quality projects throughout the country of Peru. Vena currently has a portfolio of 5 separate projects currently encompassing 16,000 hectares of strategically located and highly prospective ground. The Aucapampa and Azulcocha properties are currently being drilled and the Las Princesas property is completely encircled by Barrick Gold and PanAmerican Silver claims and is immediately adjacent to Barrick Gold’s Alto Chicama property. Vena has commenced a pre-feasibility study of the Azulcocha property. For further information please visit the Company website at www.venaresources.com or visit the SEDAR website at www.sedar.com . The Company’s Filing Statement dated December 3, 2004 is also available on the SEDAR website.

FOR FURTHER INFORMATION CONTACT:

John Cullen, Director (416) 364-7739 or by e-mail jcullen@venaresources.com

Charlotte May (416) 364-3353 or by e-mail cmay@venaresources.com