News Release
Ventana Gold Corp. To Trade On Toronto Stock Exchange
Ventana Gold Corp. (the “Company”) - An application has been granted for the original listing in the Mining category of 80,222,631 common shares of the Company, of which 68,582,631 common shares will be issued and outstanding, and 11,640,000 common shares will be reserved for issuance.
The common shares of the Company will be listed and posted for trading at the opening on Friday, November 7, 2008.
The Company is subject to the reporting requirements of Section 501 of the TSX Company Manual.
Stock Symbol: “VEN”
CUSIP: 92277D 10 4
Trading Currency: CDN
Temporary Market Maker: GMP Securities L.P.
Other Markets: N/A
Head Office Address: Suite 400 – 837 West Hastings Street
Vancouver, BC
V6C 3N6
Website: www.ventanagold.com
Email: info@ventanagold.com
Head Office Telephone Number: (604) 687-1717
Fax Number: (604) 687-1715
Toll Free Number: (877) 660-6239
Investors Relations: Marlo Hamer-Jackson
Tel: (604) 687-1717
Email: mhamer-jackson@ventanagold.com
Chief Financial Officer: Susan Rubin
Corporate Secretary: Purni Parikh
Incorporation: The Company was incorporated on March 2, 2006 under the Business Corporations Act (British Columbia) under the name Wildcat Silver Corporation. The Company changed its name to Ventana Gold Corp. on May 15, 2006
Fiscal Year End: June 30
Nature of Business: The Company is engaged in the acquisition, exploration and development of natural mineral resource properties. It currently holds the mineral rights in the California-Vetas gold exploration property and an option to acquire 100% of the mineral rights in the La Bodega gold exploration property, both located in Colombia, South America.
Transfer Agent & Registrar: Computershare Investor Services Inc. at its principal offices in Vancouver and Toronto.
Dividends: The Company has not paid any dividends or made any distributions since incorporation. The Company does not anticipate paying dividends in the foreseeable future.
Recent Financings: The Company issued 5,000,000 subscription receipts at a price of $1.60 per subscription receipt pursuant to a brokered private placement on July 8, 2008. The subscription receipts were offered by GMP Securities L.P., as agent, and will be deemed to have been converted, with no additional consideration payable, into units upon listing on TSX. Each unit (“Unit”) will consist of one common share of the Company and one-half of a common share purchase warrant (“Warrant”) each whole Warrant being exercisable for one common share of the Company at a price of $2.25 until July 8, 2009. The Company also issued an additional 1,875,000 Units at $1.60 per Unit on a non-brokered basis on July 8, 2008.
