Mr. Juan Vegarra reports

VENA'S PARTNER TRAFIGURA INVESTS US$7 MILLION TO MOVE AZULCOCHA ZINC MINE TO PRODUCTION

Vena Resources Inc. has enhanced its agreement with Trafigura Beheer BV, a privately held international commodity trader, to invest immediately in the Azulcocha project with the goal to increase the known resources/reserves and begin commercial mining and milling operations this quarter.

To advance the core agreement already in place, Trafigura will lend to Azulcocha Mining SA, a 70-per-cent-controlled subsidiary of Vena, $7-million (U.S.) at a rate of LIBOR plus 4.25 per cent and, in consideration for the loan, Vena has issued 4,016,913 warrants to Trafigura, with 2,272,727 of such warrants being exercisable into common shares at a price of 30 U.S. cents per common share until May 6, 2013, and 1,744,186 of the warrants being exercisable into common shares at a price of 35 U.S. cents per common share until Nov. 6, 2013. The warrants that were previously held by Trafigura expired on Feb. 6, 2012.

Juan Vegarra, chairman and chief executive officer of Vena, commented: "Having a strong partner like Trafigura has made putting Azulcocha into production much more efficient and less risky to our shareholders. We expect to continue to enjoy a fruitful relationship with Trafigura as Azulcocha becomes fully operational later this month, and expect to grow organically from now on."

In additional news, Matthew Husson, an associate lawyer with Irwin Lowy LLP, who has significant experience representing publicly listed mining companies, has been appointed as corporate secretary. Mr. Husson replaces Charlotte May, one of the founding officers of Vena. The entire company is thankful for all her years of service and wishes her the best in her future endeavours.

We seek Safe Harbor.