Mr. Juan Vegarra reports

VENA ANNOUNCES CLOSING OF SHARES FOR DEBT

Further to receipt of shareholder approval at the special meeting of shareholders held Nov. 6, Vena Resources Inc. has issued 1,554,166 common shares in connection with the settlement of approximately $186,500 in outstanding debt at a price of 12 cents to Juan Vegarra, the company's current chairman, and to a company controlled by Andres Tinajero, the company's former chief financial officer. The shares were subject to a four-month-and-a-day hold period in accordance with applicable securities laws.