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Re: News Releases - Thursday, March 11, 2010
Verona Development Announces Filing of its 51-101 Report
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Vancouver, British Columbia, March 11, 2010 -- Verona Development Corp.
(TSX.V: VDC) is pleased to announce that today it has filed its
reserve data and other oil and gas information as at March 31, 2009.
This reserve and resource report was prepared in accordance with the
requirements of Canadian National Instrument 51-101 on firm Standards
of Disclosure for Oil and Gas Activities and has been filed on SEDAR.
Verona Development is an emerging oil and gas company focused on
creating shareholder wealth through acquisition and ongoing exploration
and development of energy based investments in global markets.
On Behalf of the Board of Directors
VERONA DEVELOPMENT CORP.
Signed "Rod Husband"
Rod Husband, P.Geo.
Director
Contact:
Investor Relations: (604) 681-4653 or 1-866-282-8398
Email: info@veronacorp.com or visit our Website: www.veronacorp.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.
This news release may contain forward-looking statements including but
not limited to comments regarding the timing and content of upcoming
work programs, geological interpretations, receipt of property titles,
potential mineral recovery processes, etc. Forward-looking statements
address future events and conditions and therefore involve inherent
risks and uncertainties. Actual results may differ materially from
those currently anticipated in such statements.
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Copyright (c) 2010 VERONA DEVELOPMENT CORP. (VDC) All rights reserved.
For more information visit our website at http://www.veronacorp.com/
or send mailto:info@veronacorp.com
Message sent on Thu Mar 11, 2010 at 1:14:27 PM Pacific Time
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Verona Development is a oil development stage company based in Canada. Verona Development produces oil, natural gas in China, and holds various exploration projects in Canada. Its main asset in production is SHILOUBEI CBM in China and its main exploration property is GAINSBOROUGH SOUTH in Canada. Verona Development is listed in Canada. Its market capitalisation is CA$ 1.6 millions as of today (US$ 1.6 millions, € 1.2 millions). Its stock quote reached its highest recent level on May 31, 2006 at CA$ 1.40, and its lowest recent point on December 04, 2008 at CA$ 0.05. Verona Development has 32 964 717 shares outstanding. |