Verena Minerals Corporation

Verena Minerals Corporation

February 24, 2010 15:30 ET

Verena Minerals Announces Grant of Options

TORONTO, ONTARIO--(Marketwire - Feb. 24, 2010) - Verena Minerals Corporation (TSX VENTURE:VML) ("Verena" or the "Company") announced today that pursuant to the policies of the TSX Venture Exchange ("TSX-V"), the Company has granted 250,000 incentive stock options (the "Options") to an officer of the Company to acquire up to an aggregate of 250,000 common shares of Verena under its stock option plan. All Options are exercisable at $0.30 per share, being greater than the closing price of Verena's common shares on the TSX Venture Exchange on the date immediately preceding the grant, and expire on February 23, 2011.

About Verena

Verena Minerals Corporation is a Canadian based mineral exploration company with portfolio of properties including gold and Alexandrite gemstones in Brazil. Verena's prime focus is on expanding the deposit and completing a feasibility study on its 100% owned Volta Grande Project, located in Para State. Verena trades on the TSX Venture Exchange and has approximately 112 million common shares issued and outstanding.

Cautionary Statement on Forward Looking Information
This press release may include forward looking statements within the meaning of securities laws. Forward looking statements involve certain risks and uncertainties that could cause actual results to differ materially from what is currently expected. Accordingly, readers should not place undue reliance on forward looking statements. For a more detailed discussion of such risks and other factors, refer to Verena's filings with the Canadian securities regulators available on or the Company's website at

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.

Contact Information

  • Verena Minerals Corporation
    Mark Eaton
    President & CEO
    (416) 861-5934