Virgin Metals Receives Conditional Approval to List on the Toronto Stock Exchange



    TSX Venture Exchange
    Symbol: VGM
    Shares Outstanding: 76,650,130

    TORONTO, April 20 /CNW Telbec/ - Virgin Metals Inc. ("Virgin Metals")
(TSX-V: VGM) is pleased to announce that it has received the conditional
approval of the Toronto Stock Exchange ("TSX") to list the common shares of
Virgin Metals on the TSX. Listing of the common shares is subject to
compliance with all of the TSX requirements including receipt of all required
documentation prior to trading on the TSX.
    Graduation to the TSX is considered to be an important milestone for
Virgin Metals as it is expected to provide the company with improved access to
capital and broader market recognition.

    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, is expected to evolve rapidly towards
production while the other, Cuatro Hermanos, is expected to be the focus of
expanded exploration effort.

    FORWARD-LOOKING STATEMENTS

    This press release includes certain "forward-looking information" within
the meaning of the Securities Act (Ontario), including, but not limited to,
statements as to timing and extent of exploration programs and the
availability of exploration results. As such, forward-looking information
addresses future events and conditions and so involves inherent risks and
uncertainties, as disclosed under the heading "Risk Factors" and elsewhere in
Virgin Metals documents filed from time to time with the Ontario Securities
Commission and other regulatory authorities. Actual results could differ
significantly from those currently projected as a result of, among those
factors, adverse weather, regulatory changes, delays in receiving permits,
accidents and delays in completing exploration activities not all of which are
in the control of Virgin Metals. The forward-looking information contained
herein is Virgin Metal's reasonable estimate today of future events and
conditions, but no assurance can be given that such events or conditions will
occur.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this press release.




For further information:

For further information: Mr. Chris J. Berlet, Director, Manager,
Investor Relations, (416) 364-9988, cberlet@virginmetals.com; Renmark
Financial Communications Inc.: Barbara Komorowski,
bkomorowski@renmarkfinancial.com; Neil Murray-Lyon,
nmurraylyon@renmarkfinancial.com; (514) 939-3989, Fax: (514) 939-3717;
www.renmarkfinancial.com

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VIRGIN METALS INC.

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