Stock Quote: TSE

Stock Quote - VEM
Last Traded Price 0.43
$ Change -0.02
Volume 22,500
% Change -4.44%
Intraday High 0.44 52 Week High 1.33
Intraday Low 0.43 52 Week Low 0.41
Today's Open 0.44 Previous Close 0.45
Aug 20 2008 03:56 PM 20 Minute Delay


Andres Tinajero Joins Vena Resources as Chief Financial Officer

01/24/2008


January 24, 2008--Toronto, Ontario--Vena Resources Inc. ("Vena" or "the Company") (TSX:VEM, LIMA:VEM, FRANKFURT:V1R) is pleased to announce that Andres Tinajero, formerly Controller Eastern Canada Aggregates for Lafarge Canada, a $19 billion dollar company focused in aggregates, cement asphalt and ready-mix operations, has accepted the position of Chief Financial Officer effective January 21, 2008. Mr. Tinajero's experience coupled with his fluency in Spanish will be a great asset to Vena Resources and its operations in Peru.

Mr. Tinajero will be based in the Company's head office in Toronto, Canada however he will spend a considerable amount of time in Peru to ensure successful implementation of the Company's Peruvian mining and exploration projects.

Juan Vegarra, Chairman and CEO stated:

"I am enthused to work with Andres and believe his skill set is a good match for Vena's operations in Peru. I would like to take this opportunity to thank Jim Fairbairn, who has been Vena's CFO since inception. His work on the Company's behalf has been considerable and we wish him the best in his future endeavors. Jim will continue to support the company as an independent board member."

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.

Shares Outstanding: 71,648,073

Fully-Diluted: 93,035,644

The TSX does not accept the responsibility for the adequacy or accuracy of this release.

FOR FURTHER INFORMATION PLEASE CONTACT:
        Vena Resources Inc.Juan Vegarra
        Chairman and CEO
        (416) 364-7739, ext. 120
        Fax: (416) 364-5400 (FAX)
        Email: jvegarra@venaresources.com
        Website: www.venaresources.com

Source: Vena Resources Inc.
Copyright © 2007 Vena Resources Inc.