Virgin Metals Inc.: Announces Approval of Share Consolidation

- August 27th, 2010

Virgin Metals Inc. (CVE:VGM) announced that its shareholders approved a resolution authorizing the consolidation of its common shares on a one (1) for five (5) basis at its Annual and Special Shareholders Meeting that was held on Thursday August 26, 2010.

Virgin Metals Inc. (TSXV:VGM) announced that its shareholders approved a resolution authorizing the consolidation of its common shares on a one (1) for five (5) basis at its Annual and Special Shareholders Meeting that was held on Thursday August 26, 2010.

The press release is quoted as saying:

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, has been the subject of a pre-feasibility study while the other, Cuatro Hermanos, has been the focus of an intense exploration effort.

Click here to access the entire press release

Click here to access Virgin Metals Inc. Corporate Site

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