Dr. Klaus Zeitler Joins Vena Resources Board of Directors
TORONTO, ONTARIO--(Marketwire - March 17, 2011) -
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Vena Resources Inc. ("Vena" or the "Company") (TSX:VEM)(LIMA:VEM)(FRANKFURT:V1R)(OTCBB:VNARF)(XETRA(R):V1R.DE), a Company with strong partnerships with some of the world's largest mining companies, is pleased to announce that Dr. Klaus Zeitler has joined the Company's board of directors. Dr. Zeitler received his professional education at Karlsruhe University from 1959 to 1966 and obtained a PhD in Economic Planning. Dr. Zeitler is a member of the Canadian Institute of Mining and Metallurgy and the Prospectors and Developers Association. Dr. Zeitler financed, built and managed base metal and gold mines worldwide with a total investment value of $4 billion.
Dr. Zeitler was a managing director of Metallgesellschaft AG, a German metals conglomerate and in 1986 founded and was a director and CEO of Metall Mining, later Inmet, a TSX listed company with assets of over $3 billion and base metal and gold mines in different parts of the world. After having been a director of Teck and Cominco for many years, Dr. Zeitler joined Teck in 1997 as Senior Vice President and had responsibilities for the exploration and development of mines in Peru, Mexico and the USA. Since his retirement in 2002 from Teck Cominco and in addition to being President, CEO and a director of Amerigo, Dr. Zeitler is currently Chairman of Candente Copper Corp., a company listed on the TSX, Chairman of Rio Alto Mining Limited, a company listed on the TSX Venture Exchange, and he has been actively involved as a director in various junior base and precious metal companies.
Juan Vegarra, Chairman and CEO of Vena Resources stated: "Vena's Board of Directors welcomes Klaus. His technical background and strategic thinking will be very helpful as Vena progresses towards becoming a producing company at Azulcocha and advances its exploration portfolio aggressively in 2011."
Klaus Zeitler stated: "I am happy to work with an entrepreneurial group of people and contribute my knowledge of Peru and my experience in building mines and mining companies to this emerging producer."
For further information on Vena Resources, please visit the Company website at www.venaresources.com or its Facebook page.
Shares Outstanding: 123,601,658
/T/The TSX does not accept the responsibility for the adequacy or accuracy of this release.
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