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Symbol:
TSX-V: VAE
Last:
$0.13
Day High:
$0.13
Day Low:
$0.13
Volume:
254
Change:
even
Date:
05-18-2012
Time:
17:05
15-20 min delay
Trading in Canadian $
May 10, 2012
Apr 16, 2012
Apr 10, 2012
Feb 17, 2012
Virginia Energy Resources Inc. (TSX.V: VAE) is focused on the exploration and development of uranium projects in North America. The Company is well financed and hold interests in advanced through early stage projects in Virginia, Saskatchewan, Quebec and Labrador. The Company explores on its own account and in joint venture with industry partners. The JV approach is a reflection of the high risk involved in exploration ventures, and is used as a method of increasing our exposure to discoveries while committing less funding. Virginia Energy is committed to grow shareholder value through investment in world-class projects in stable geopolitical regions.
On July 21, 2009, Virginia Uranium Ltd. merged with Santoy Resources Ltd. to form Virginia Energy Resources Inc (VAE). The
management
team behind the new company is comprised of highly experienced technical and financial professionals with a history of success in the discovery, development and operation of gold and uranium mines in North America, including the Eskay Creek, Snip and Brewery Creek gold mines in British Columbia and several uranium producers in Saskatchewan and the western USA.
Virginia's most important asset is an approximate 30% stake in the giant
Coles Hill, Virginia
uranium deposit. Through a first right of refusal on future financings, Virginia has the option to increase this investment as the project advances. As a major shareholder of TSX-listed Boss Power Corporation, Virginia also holds a 37% interest in the high-grade
Blizzard uranium
deposit in British Columbia. This asset has been damaged through a ban on uranium mining imposed by the Government of British Columbia, and Boss is seeking compensation for damages through a court action.
The Company's most important and active exploration projects are its uranium properties in the
Otish Basin
of Quebec, and its Murphy Lake and Hatchet Lake uranium properties in the Athabasca basin which are held in a 50-50 Joint Venture with Denison Mines Ltd.
May 10, 2012
: Virginia Energy Commences Airborne VTEM Survey at
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more...
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Apr 16, 2012
: Virginia Energy Named in Lawsuit by Sparton Resour
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more...
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Apr 10, 2012
: Virginia Energy Signs Definitive Agreement to Opti
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more...
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Walter Coles, CEO of Virginia Energy Resources(TSX.V: VAE), is interviewed at the HiAlpha Mining Investment Conference November 29th, 2011.
