Vena Settles Draw Down on Standby Equity Distribution Agreement

- August 23rd, 2010

Vena Resources Inc. (TSE:VEM) announced that it has settled $135,000 of the previously announced draw down under its standby equity distribution agreement with YA Global Master SPV, Ltd. a fund managed by Yorkville Advisors, LLC.

Vena Resources Inc. (TSX:VEM) announced that it has settled $135,000 of the previously announced draw down under its standby equity distribution agreement with YA Global Master SPV, Ltd. a fund managed by Yorkville Advisors, LLC.

The press release is quoted as saying:

Vena Resources Inc. is a Canadian mining company focused on the exploration and development of Peru’s mineral potential. Employing a model of diversification across metals and regions in Peru to mitigate investment risk, the Company consists of four divisions: Mining, Clean Energy, Precious Metals and Base Metals.

Click here to access the entire press release

Click here to access Vena Resources Inc. Corporate Site

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