SOURCE: Grenville Gold Corporation

November 26, 2007 16:05 ET

Grenville Enters Into Agreement With MI3 Financial Communications

VANCOUVER, BC--(Marketwire - November 26, 2007) - Grenville Gold Corporation (TSX-V: GVG) (PINKSHEETS: GVLGF) (FRANKFURT: F9I) (WKN: A0KELU) ("Grenville" or "the Company") is pleased to announce that it has entered into an arm's length agreement with MI3 Financial Communications ("MI3") of Montreal, Quebec, whereby MI3 will provide investor relations services to the Company.

In consideration for its services, the Company will pay MI3 the sum of $5,000 per month, plus GST and approved expenses for a term of six months. In addition, the Company will grant to MI3 150,000 stock options exercisable at a price of $0.75 for a period of up to five years from the date of grant. The options are subject to a four-month hold period to commence from the date of grant.

About Grenville Gold Corporation

Grenville Gold is a junior resource company seeking prospective properties in Peru. The Company has two operating subsidiaries: a 90%-owned Peruvian subsidiary which owns the Silveria, Espanola and the Chorobal Properties, and the 50% owned Parkman Diamond Corp. in Ontario, Canada which owns the Parkman Diamond Prospect.

Grenville Gold plans to leverage the experience of its board and management in exploration and mining to develop its growth strategy in North and South America.

On behalf of the Board of Directors,

"A. Paul Gill"
President & CEO
Ph. (604) 669-8842

We Seek Safe Harbour

The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX Venture Exchange, the British Columbia Securities Commission, the Ontario Securities Commission, and the Alberta Securities Commission.

Contact Information

  • Contact:

    A. Paul Gill
    President & CEO
    Ph. (604) 669-8842
    Email Contact