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Virginia Mines Inc.

11:54 AM EST - Virginia Mines Inc. : announced the signing of a strategic alliance with Altius Minerals Corporation whereby Virginia and Altius will cooperate to explore geological settings favourable for different types of mineralization in the Labrador Trough. This strategic alliance merges two project generation teams that have exhibited excellent track records of exploration success and also succeeded in attracting strong partners to their respective jurisdictions in eastern Canada. Virginia Mines Inc.

shares T.VGQ are trading up $0.11 at $8.97.