Virgin Metals Inc.

Virgin Metals Inc.

June 27, 2005 14:54 ET

Virgin Metals Inc.: Appointment of CEO

TORONTO, ONTARIO--(CCNMatthews - June 27, 2005) - Virgin Metals Inc. (the "Company") is pleased to announce the appointment of Raymond J. Mongeau as President and Chief Executive Officer of the Company, effective immediately.

Mr. Mongeau, a graduate of geology, brings with him 35 years of mineral exploration and development-related experience internationally, including employment as a mining investment analyst with both brokerage securities firms and financial institutions in Canada. He is currently President of Creston Mining Corporation, and from 1989 to 2003 was the President of Morgain Minerals Inc. a TSX Venture listed company.

The Company would also like to announce the appointment of Mr. Chris Berlet as Chief Financial Office, effective immediately. Chris Berlet is a graduate of Mining Engineering from Queen's University and holds a Diploma in Accounting & Finance from the London School of Economics and Political Science. He is a CFA charterholder. Mr. Berlet has experience in both finance and the mineral industries including employment as 'Senior Analyst, Risk Monitoring' with HSBC Securities in Toronto, Canada. He has worked in underground gold and copper mines in both Canada and Australia, and in open pit coal and nickel mines in Canada and Australia.

Contact Information

  • Virgin Metals Inc.
    Raymond Mongeau
    President and CEO
    (416) 364-9988