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Vena Resources Inc.

11:51 AM EST - Vena Resources Inc. : announced that after weeks of negotiating a final binding agreement with a private Peruvian mining company, the potential option on the Esquilache, Pucara and Amantina projects located in the department of Puno, Peru has been terminated and the Company has begun discussions with four other interested groups. The Company had announced the non-binding Letter of Intent on March 8 which would have would have resulted in a joint venture on the Projects. Vena Resources Inc. shares T.VEM are trading unchanged at $0.13.