Virgin Metals Inc.
TSX : VGM

Virgin Metals Inc.

May 01, 2007 16:53 ET

Virgin Metals Achieves Toronto Stock Exchange Listing

TORONTO, ONTARIO--(Marketwire - May 1, 2007) - Virgin Metals Inc. (TSX VENTURE:VGM) ("Virgin Metals" or the "Company") is pleased to announce that the Toronto Stock Exchange ("TSX") has approved the Company's application for listing of Virgin Metals' outstanding common shares on the TSX. Commencing market opening on Wednesday, May 2, 2007, the common shares of Virgin Metals will begin trading on the TSX under the symbol "VGM". On commencement of TSX trading, Virgin Metals' shares will be delisted and cease trading on the TSX Venture Exchange.

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 conditions, but no assurance can be given that such events or conditions will occur.

Shares Outstanding: 76,650,130

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