Wednesday 5 June 2013

Press release June 2013 : June Transformation for VGMC

June 05, 2013 Panama.
Dear Shareholders,

We are pleased to announce that we have achieved the successful changing our old server into a new server that will enable it to be accessed within the next 72 hours. Congratulations to everyone involved and especially our persevering, supportive and matured shareholders.
We also apologize for any inconvenience caused by the removal of our old system.Our board of directors and executive team believe that this small step will be a giant step for a TRANSFORMATION process. The very important engine of this transformation is none other than our shareholders who constantly expect and inspire us to continue to renovate, reinvent, refocus and revisit new organisational goals. Your comments, criticisms, intelligent feedback and analysis inspire this organisation to transform into a transparent and financially viable corporation going forward.

Virgin Gold will continue to offer CPS-PLATINUM and we are already looking into the possibility of offering CPS-SILVER, as early as 1st half of 2013.

We believe the best way to overcome this issue is to grow into a self-sufficient financial institution. We appreciate VGMC’s core strength is not in finance but in natural resource management and investments as we have proven so far. However, taking inspiration from Andrew Grove, we know going forward VGMC has to transform from a natural resource investment company into a financial institution.

Our commitment at all times is to our shareholders and we understand fully the responsibility of maintaining your on-going support. Every decision and plan we are currently implementing has been carefully considered to ensure the benefit to our shareholders in the long term. Our Executive Board will keep shareholders informed of progress and milestones achieved at all times throughout the coming months.

On behalf of the Board of Directors and Executive Board, I would like to thank every shareholder for their submission for shareholder declarations form and continued support for the sustainable future of our company.


David Barret
CEO
Virgin Gold Mining Corporation

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