"PLAN NOW, BENEFIT LATER"
Press Release
Press Release
Notice of Upgrading from 1,000 CPS to 2,000 CPS
January 18th, 2012
Effective as of the 1st of January 2012; all VGMC shareholders MUST maintain a minimum of 2,000 CPS (accumulated amount in one shareholder’s account) ON the 90th calendar day, calculated from their initial subscription date.
Failure to maintain 2,000 CPS before the 4th of April will result in automatic un-subscription on the 4th of April. However, we remind all shareholders who have yet to upgrade to 2,000 CPS to do so as early as possible. Un-subscription of CPS is an automatic procedure and non-reversible.
Matthew Jacobsen
Vice President Investor Relations
Virgin Gold Mining Corporation
Press Release
November 30th, 2011
Dear Shareholders, Partners & Members of the Public
The board of directors of Virgin Gold Mining Corporation, upon recommendation from our executive board, external auditors and financial consultants, has decided on a gradual increment of the Virgin Gold Convertible Preferred Shares (CPS) offering price from January to April 2012.
The new offering price for Virgin Gold CPS:
01/01/2012 – USD1.30; 01/02/2012 – USD1.35; 01/03/2012 – USD1.40; 01/04/2012 – USD1.45
We hereby give a minimum of thirty (30) days’ notice to all potential and current shareholders regarding this price increment, in accordance with the Articles of Association of Virgin Gold Mining Corporation.
The value of any business corporation is reflected by its share price. Shareholders should feel proud as their investment in Virgin Gold has appreciated steadily over the years. The ability of Virgin Gold to offer its shares at a higher price is an indication of market confidence in its financial performance, mining operations and management capability.
Thank you for your support.
Ricardo Luigi Oliviera
Chairman of the Board of Directors
Virgin Gold Mining Corporation