Stock Quote: TSE

Stock Quote - VEM
Last Traded Price 0.20
$ Change +0.00
Volume 14,000
% Change +0.00%
Intraday High 0.20 52 Week High 1.04
Intraday Low 0.16 52 Week Low 0.10
Today's Open 0.17 Previous Close 0.20
Nov 20 2008 03:57 PM 20 Minute Delay


Vena Retains Pro-Edge Consultants to Provide Investor Relations

03/10/2006


March 10, 2006-- Toronto, Ontario – Vena Resources Inc. (TSX.V: VEM, LIMA: VEM, Frankfurt; V1R) is pleased to announce that it has chosen Pro-Edge Consultants Inc. (Pro-Edge) as its North American Investor Relations firm effective March 10, 2006. Pro-Edge, a Toronto-based IR firm that has been representing public companies in the resource sector since 2001, will receive a fee from Vena of $5,000 per month during the initial 12 month term of the engagement. Pursuant to the commencement of the engagement of Pro-Edge by Vena, Vena has issued 200,000 options to Pro-Edge in accordance with the Company’s share incentive plan. The options, each of which is exercisable to acquire one common share of Vena at $0.70, expire on March 10, 2008. The options, which are subject to approval by the TSX Venture Exchange, will vest over a 12 month period, with one-quarter of the options vesting at the end of each three month period. Tracy Weslosky and Fred Cowans, Managing Partners of Pro-Edge, have advised that at this time neither owns any securities of Vena.

Juan Vegarra, Chairman and CEO commented, “After meeting with Tracy and Fred and understanding their value proposition, I’m enthused that they will assist in building a strong brand for Vena in North America.”

About Vena Resources Inc.

Vena Resources is dedicated to building capital appreciation and creating long term shareholder value by developing the mineral resources and social welfare of Peru. Vena Resources’ commitment will be demonstrated by deploying its financial resources to aggressively acquire and advance high quality people and assets throughout the country. We seek Safe Harbor.

For further information please visit the Company website at www.venaresources.com or contact:

Denis Clement, Director (416) 364-1909 – email dclement@venaresources.com

Juan Vegarra – Chairman & CEO (416) 364-7739, ext. 120 – email jvegarra@venaresources.com

The TSX Venture Exchange does not accept the responsibility for the adequacy or accuracy of this release. Statements in this press release regarding the Company’s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.

Copyright © 2007 Vena Resources Inc.