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Anthem Resources, Inc. (VAERD)

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Last Post: 9/27/2012 5:12:18 PM - Followers: 1 - Board type: Free - Posts Today: 0

Virginia Energy Resources Inc. (TSX.V: VAE) is focused on the exploration and development of uranium projects in North America. The Company is well financed and hold interests in advanced through early stage projects in Virginia, Saskatchewan, Quebec and Labrador. The Company explores on its own account and in joint venture with industry partners. The JV approach is a reflection of the high risk involved in exploration ventures, and is used as a method of increasing our exposure to discoveries while committing less funding. Virginia Energy is committed to grow shareholder value through investment in world-class projects in stable geopolitical regions.

On July 21, 2009, Virginia Uranium Ltd. merged with Santoy Resources Ltd. to form Virginia Energy Resources Inc (VAE). The management team behind the new company is comprised of highly experienced technical and financial professionals with a history of success in the discovery, development and operation of gold and uranium mines in North America, including the Eskay Creek, Snip and Brewery Creek gold mines in British Columbia and several uranium producers in Saskatchewan and the western USA.

Virginia's most important asset is an approximate 30% stake in the giant Coles Hill, Virginia uranium deposit. Through a first right of refusal on future financings, Virginia has the option to increase this investment as the project advances. As a major shareholder of TSX-listed Boss Power Corporation, Virginia also holds a 37% interest in the high-gradeBlizzard uranium deposit in British Columbia. This asset has been damaged through a ban on uranium mining imposed by the Government of British Columbia, and Boss is seeking compensation for damages through a court action.

The Company's most important and active exploration projects are its uranium properties in the Otish Basinof Quebec, and its Murphy Lake and Hatchet Lake uranium properties in the Athabasca basin which are held in a 50-50 Joint Venture with Denison Mines Ltd.

  Mon May 2, 2011
Share Structure

Stock Listings: TSX Venture-VAE
Shares Issued and Outstanding: 97,514,238
52 Week High/Low: $0.78 - 0.14
Warrants: @ $0.35 - $0.60 11,240,420
Options: @ $0.37 - $7.50 5,901,000
Fully Diluted: 114,655,658
Long Term Debt: None
Working Capital: $3.5 Million
Market Capitalization: $19 Million

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#15   Virginia Energy Resources, VAERF, changed to Anthem Resources, Renee 09/27/12 05:12:17 PM
#14   Seeclear can you pm Me an email addressi Razor1965 04/14/12 04:18:45 PM
#13   'seeclear'... VAERF. ..That did not take long...SC seeclear 04/11/12 09:14:29 AM
#12   I think this stock is a great sleeper Demetriskelly82 01/09/12 03:34:50 PM
#11   VAERF is trading below its 13 day moving buddhabelly2 12/08/11 12:13:11 AM
#10   Bollinger Bands buddhabelly2 12/05/11 11:59:12 PM
#9   Bollinger Bands buddhabelly2 12/03/11 01:44:54 PM
#8   VAERF- 37 mil cash- No long term debt- buddhabelly2 11/28/11 09:59:50 AM
#7   VAERF- I did DD this weekend, I dont buddhabelly2 11/22/11 03:48:29 PM
#6   VAERF-Yes, nice PR today also.-VAERF buddhabelly2 11/22/11 03:44:24 PM
#5   These guys are looking really good ...Hardly seeclear 11/22/11 05:11:29 AM
#4   VAERF- Uranium claims in Quebec-VAERF buddhabelly2 11/18/11 05:31:58 PM
#3   VAERF- Just started DD into this one_ VAERF buddhabelly2 11/18/11 05:30:20 PM
#2   VAERF-Also Capital investments bought 250,000 share on 11-15-11 buddhabelly2 11/18/11 05:29:05 PM
#1   VAERF- I see a company they have stake buddhabelly2 11/18/11 05:27:44 PM
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