Virgin Metals Receives Conditional Approval to List on the Toronto Stock Exchange
Toronto, ON - April 20, 2007 - Virgin Metals Inc. ("Virgin Metals") (TSX-V: VGM) is pleased to announce that it has received the conditional approval of the Toronto Stock Exchange ("TSX") to list the common shares of Virgin Metals on the TSX. Listing of the common shares is subject to compliance with all of the TSX requirements including receipt of all required documentation prior to trading on the TSX.
Graduation to the TSX is considered to be an important milestone for Virgin Metals as it is expected to provide the company with improved access to capital and broader market recognition.
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 co
nditions, 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.
For further information, please contact:
Mr. Chris J. Berlet: cberlet@virginmetals.com
Director, Manager, Investor Relations
Phone: (416) 364-9988
RENMARK FINANCIAL COMMUNICATIONS INC.
BARBARA KOMOROWSKI: BKOMOROWSKI@RENMARKFINANCIAL.COM 
NEIL MURRAY-LYON: NMURRAYLYON@RENMARKFINANCIAL.COM 
PHONE:  (514) 939-3989
FAX:  (514) 939-3717
WWW.RENMARKFINANCIAL.COM
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Virgin Metals Inc.
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EXPLORATION STAGE |
CODE : VGM.TO |
ISIN : CA9276922023 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Virgin Metals is a copper and molybdenum exploration company based in Canada. Virgin Metals holds various exploration projects in Mexico. Its main exploration properties are LOS VERDES, LOS VERDES COPPER/MOLY and CUATRO HERMANOS in Mexico. Virgin Metals is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 2.0 millions as of today (US$ 1.9 millions, € 1.5 millions). Its stock quote reached its highest recent level on December 31, 2007 at CA$ 0.97, and its lowest recent point on April 09, 2009 at CA$ 0.01. Virgin Metals has 49 449 000 shares outstanding. |