Berita Terkini VGMC 1st Oktober 2012 - CPS-PLATINUM

Dear Shareholders,

VGMC will be offering CPS-PLATINUM to all shareholders effective 2nd of October 2012 onwards.

All shareholders of VGMC are required to maintain a minimum of 10,000 CPS-PLATINUM in order for their accounts to remain active. Shareholders who do not meet this requirement are advised to take the necessary action any time before the 1st of December 2012 to prevent the closing of the account. Requests to re-activate a closed account will not be entertained thereafter.

Below is a list of key information in regard to CPS-PLATINUM:

1. Offer Price:
• USD1.00 per CPS-PLATINUM – October 2012
• USD0.05 increment per month thereafter

2. Normal and new shareholders are allotted 10,000 CPS-PLATINUM while Premier Shareholder may subscribe up to a maximum of 50,000 shares in October 2012. This quota is expected to be higher in the following months.

3. Monthly Dividend – 1 troy ounce (oz.) of Platinum per 10,000 CPS-PLATINUM.

4. Shareholders who already own CPS-PLATINUM but have less than 10,000 shares only need to subscribe to the difference to activate their account. Otherwise, the balance CPS-PLATINUM in their account will automatically be un-subscribed by the 1st of December 2012, followed by the closure of the shareholder account.

5. Platinum Trading Margin of equivalence to Subscription amount (Number of CPS-PLATINUM x price per share) will be allocated to all shareholders from the 2nd of October 2012 onwards. All current CPS-PLATINUM holders who have subscribed earlier will also be allotted the same trading margin.

6. Active shareholders (minimum: 10, 000 CPS-PLATINUM) will be able to enjoy group bonus and referral incentive as specified in shareholder’s account “2.11 Group Plan” and “2.21 Referral Plan” from October 2012 onwards.

7. Group and Referral Structure for CPS-PLATINUM is a continuation of CPS-GOLD for all active shareholders. Shareholders who do not activate their account will not be eligible for Referral Incentive (paid at real-time) and Group Bonus (monthly payment).

The objective of CPS-PLATINUM is to give shareholders contractual monthly dividend and long-term asset appreciation. The true goal of CPS-PLATINUM however is to be publicly listed and we anticipate to see this goal achieved in 2016.

Thank you.


Regards
Kenneth Elinger
CEO – Virgin Gold Mining Corporation

Source : http://press.vgmc.com/press-release/en/2012/10/01/CPS-PLATINUM/

Berita Terkini VGMC 1st Oktober 2012 - Restructuring of Virgin Gold Mining Corporation (1999 – 2012)

Dear shareholders, employees and business associates,

Virgin Gold started with a humble beginning in Panama in 1999. In 2010 we decided to offer Convertible Preferred Shares (CPS-GOLD) to raise capital for our gold mining ventures. We are proud to say that the CPS decision has brought huge success for both the company and our shareholders. While the company benefited from fresh investments to fulfil its growth potential, shareholders enjoyed good returns for the past three (3) years.

As promised, the time has come for us to take this corporation to the next level. The Board of Directors has unanimously approved the corporate restructuring of Virgin Gold Mining Corporation effective today, the 1st of October 2012.

Virgin Gold Mining Corporation Corporate Restructuring Diagram Professional Closed-End Fund (BVI) Listing in 12 - 15 months Share price to appreciate 13 - 18% per month Admin office - Frankfurt, Germany Managed by a new professional corporate team Transfer all Gold Mining Assets & CPS-GOLD    Virgin Gold Mining Corporation (Panama)

Transfer all Platinum Mining Assets   Onshore Investment Vehicle

VGMC (Belize) Offers CPS-PLATINUM Admin office - Frankfurt, Germany Managed by current corporate team VG Resources Limited Listed on GXG Market, Denmark Involved in Large Mining Investment, Acquisitions and Mergers Admin office - Frankfurt, Germany

Note: VGMC (Panama) will maintain normal operation for the next 12 months to facilitate and to complete this corporate restructuring.

1. A Professional Closed-End Fund (PCEF) based in the British Virgin Islands (BVI). All Gold Mining Assets, Mining Ventures and CPS-GOLD will be converted and transferred into this fund. A new professional corporate team has been set up to manage the PCEF. The PCEF will be in full operation by December 2012 and will be listed within the next 12-15 months.

2. VGMC (Belize) will assume control of all the company's Platinum Mining assets and continue to offer CPS-PLATINUM to all shareholders.

3. VG Resources Limited will be used as our corporate investment, acquisition and merger vehicles for all future mining ventures. VG Resources Ltd is a UK Corporation listed on GXG Markets. This is a regulated European wide market authorised by the Danish Financial Supervisory Authority.

On behalf of the management, I would like to take this opportunity to thank all our shareholders for their continuous support over the years. I firmly believe that the new corporate development will bring our group of companies to greater heights and fulfil every shareholder’s dream for financial freedom.

The end of today marks the beginning of another new chapter in our life.

Humbly & sincerely,


Kenneth Elinger
CEO - Virgin Gold Mining Corporation

Source : http://press.vgmc.com/press-release/en/2012/10/01/Restructuring-of-Virgin-Gold-Mining-Corporation-1999-%E2%80%93-2012-/

Berita Terkini VGMC 1st Oktober 2012 - Convertible Preferred Shares (CPS) – GOLD

Dear Shareholders,

Virgin Gold Mining Corporation (Panama) will cease the offering of CPS – GOLD effective today, 1st October 2012. VGMC (Panama) will swap all its gold mining assets to a Professional Closed-End Fund (PCEF) registered in the British Virgin Islands (BVI). A new professional corporate team has been set up to manage the PCEF. All CPS-GOLD holders in VGMC will have their shares and options transferred to this new investment vehicle designed specifically for public listing purposes.

The Net Asset Value (NAV) per share of the PCEF will be audited and published on a monthly basis. In a nutshell, the PCEF is a structured pre-listing step for CPS-GOLD holders.

To simplify and further clarify the new development, below is a list of points for your understanding:

1. VGMC (Panama) stops offering CPS-GOLD effective today, 1st of October 2012.

2. VGMC (Panama) is switching all its mining interests and assets into a Professional Closed-End Fund (PCEF) based in the British Virgin Islands (BVI).

3. In consideration of the entire asset swap, CPS-GOLD shares will also be transferred from VGMC (Panama) to the PCEF based in the BVI.

4. The reason for this exercise is to:
- Create corporate transparency for all financial dealings and asset accountability in accordance with listing requirements.
- Get public listed within the next 12 – 15 months.

5. The PCEF will be in full operation after the transfer of all assets and shares from VGMC (Panama) are completed, which is expected to be on the 1st of December 2012. Shareholders will be able to see all their shares and options statement in the PCEF through the PCEF website.

6. The value of shares in the PCEF is forecasted to start at USD2.50 (or other currency in equivalent value) in December 2012. The Net Asset Value (NAV) of shares in the PCEF will be audited and accounted by certified public accounting firm on a monthly basis to show full corporate accountability and transparency.

7. All monthly dividends will be re-invested into the company’s operation to create a larger and stronger mining corporation. This will benefit the shareholders as the Net Asset Value (NAV) per share will increase in compound value by 13-18% per month until listing.

8. Shareholders who elect not to have their shares listed when the listing offer documents are ready by the end of 2013 may opt for a “Voluntary Asset Distribution”. Non-listed assets may be distributed to shareholders who opt not to have their shares listed.

9. The PCEF is expected to be listed by the end of 2013 at an estimated price of not less than USD10 per share. In brief, VGMC shareholders can anticipate their assets to appreciate approximately 5 times (last CPS-GOLD price subscribed by shareholders in September 2012 is USD1.70 per share) between now and the listing date.

10. Shareholders will be asked to download a Self Declaration Form and notarize it together with a copy of their Local ID Card or Passport and a Proof of Address. This set of documents must be sent to the company as part of the listing requirements. Further details will be announced later this month.

11. How we convert CPS-GOLD from VGMC (Panama) to the PCEF in BVI:

• Gold Trading module will be stopped and losses absorbed by the company.
• All Gold balance in VGMC shareholders’ gold account are automatically converted to credits on 1st October 2012.
• Group Bonus for September is paid on 1st October 2012.
• The last day of payment for CPS-GOLD dividend is 30th September 2012(Dividend due on 31st has also been paid on 30th September 2012).
• As there will be no Gold and Credit Account in the PCEF, all credit balances will be automatically converted to CPS-GOLD share at the rate of USD1.70 per share on the 1st of October 2012. Unfortunately we are unable to offer any alternatives to this process and while we understand that not all shareholders will be in favour of the decision, the management strongly believes that the long-term benefits will outweigh the disadvantages. We urge all shareholders to take a long-term view in this matter, as we expect shares in PCEF to increase five (5) fold within the next 12-15 months, much to the advantage of the shareholders.
• Internal auditing starts on 1st October 2012, so all CPS-GOLD will be converted to PCEF share within the next 60 days.
• All VGMC (Panama) Gold Mining Assets is to be audited and transferred to the PCEF (BVI) effective 1st October 2012
• PCEF share is expected to be valued at USD2.50 per share in December 2012 and increase by a compound value of 13 -18% per month until listing within the next 12 – 15 months.

12. Our investment bankers, financial and audit consultants will be advising the company and shareholders on the PCEF listing jurisdiction and other requirements in the later part of 2013.

13. Any other details will be clarified when the PCEF is in full operation by the 1st of December 2012.

The management urges shareholders to exercise patience and understanding with regard to this exciting development.

Regards


Kenneth Elinger
CEO – Virgin Gold Mining Corporation

Source : http://press.vgmc.com/press-release/en/2012/10/01/Convertible-Preferred-Shares-CPS-%E2%80%93-GOLD/

Harga Share Terbaru & Terkini - October 2012

Salam Tuan/ Puan,

Bermulanya bulan baru October 2012, harga pelaburan terkini telah naik sebanyak USD 50 jadi harga pelaburan untuk bulan October 2012 ialah USD 1750 (RM 5600). 

Minima pelaburan adalah sebanyak 2 lots bersamaan dengan USD 3500 (RM 11,200).

Bagi sesiapa yang melabur pada bulan ini akan menerima bonus shares sebanyak 5% dari pelaburan, contoh seperti di bawah ;

Melabur 10 lots (10,000 units) + nikmati 5% bonus shares (500 units) = 10,500 units

• 12% x 10,500 units = 1260
• 1260/ 1000 units = 1.26 oz (dividen bulanan dibayar dalam ouns emas)
• 1.26 oz x USD 1750 (harga emas terkini) = USD2205 <--- ini jumlah dividend dalam USD yg anda akan terima.

Latest Updates 1st Oct 2012 - System Under Maintenance

Dear Investor/ Shareholders,

Currently system is under maintenance for Internal and External Auditing. Please refer to important Press Release on GMT12:00, 1st October 2012. Shareholders will only be able to login on 2nd of October 2012. 

I need every VGMC shareholders to contact the company through the "Contact Us" http://www.vgmc.com/contact_us.aspx and lodge a complaint with regards to system under maintanence for 2 times in a row on withdrawal date which have left us (VGMC shareholders) struggled to get our money withdrawn from the company.

Latest Updates 28th Sept 2012 - Gold Trading (Profit Taking)

Dear Shareholders,

Virgin Gold Mining Corporation (Panama) would like to urge ALL shareholders to sell their profit/winningposition(s) in Gold Trading Account by 30th of September 2012.

This will help the company a lot in our Internal Auditing that is schedule to take place on Monday, 1st October 2012.

Regards

Matthew Jacobsen
Vice President – Investor Relations
Virgin Gold Mining Corporation

Source : http://press.vgmc.com/press-release/en/2012/09/28/Gold-Trading-Profit-Taking/

Latest Updates 13th September 2012 - Planned Maintenance Notification

Dear Shareholders,

Please be advised that our system is scheduled for maintenance which is required to upgrade our servers to ensure that our system is up to par with the growth of shareholders.

START: 2012-09-14, 0:00 AM CET (GMT +2)
FINISH: 2012-09-14, 2:00 AM CET (GMT +2)

Duration: Under 2 hours


EXPECTED IMPACT:
Shareholders would not be able to access their accounts within this time period.
Please excuse the inconvenience as our Technical Specialist strives to provide a better and smoother experience for all our shareholders.


Thank you,

Virgin Gold Technical Department

Latest Updates 5th September 2012 - MENA Mining Show 2012

Dear Shareholders,

Middle East & North Africa (MENA) Mining Show will be held in Dubai from the 21st – 23rd of October 2012.

Virgin Gold had previously intended to be one of the sponsors and participants of MENA 2012 but has recently decided not to participate. This decision is largely based on the following:

1. The Company has no mining interest in the Middle East and/or North Africa.

2. There is a conflict in schedule as events and corporate agendas have already been planned during this period.

With these reasons in hand, Virgin Gold has decided NOT to participate in MENA 2012. However, we do not rule out future participation in similar events.


Thank you.

Matthew Jacobsen
Vice President – Investor Relations
Virgin Gold Mining Corporation

VGMC Power is on Facebook Now!

Hi Guys,

I just create VGMC Power page on Facebook and I need your support to LIKE my page. 

Kindly click on below link to view my page and dont forget to click the "LIKE" button, hehe :)

www.facebook.com/virgingoldpower.

Latest Updates 3rd September 2012 - 2012 Virgin Gold Appreciation Gala Dinner

Dear Shareholders,

Virgin Gold will hold two annual Appreciation Gala Dinners in Asia this December 2012.

The first will be held in Singapore on the 2nd of December 2012. 4,000 invites will be sent out to shareholders from East Asia, South East Asia, Australia and New Zealand. Spouses of invited shareholders are included in the invitations.

The second will be held in Dubai on the 8th of December 2012 and 1,000 invites will be sent out to shareholders from Europe, Africa and the Middle East. Again, the invitations are extended to spouses of invited shareholders.

Internationally renowned artistes have been requested to perform during both events.

Invitations will be sent through a new link in the shareholder account, “5.33 Appreciation Gala Dinner 2012” and only selected shareholders will be able to see this additional module.

The selected shareholders include:

1. Premier shareholders
2. Gold Ingot winners
3. Virgin Ambassadors and
4. Shareholders earning group bonus of USD10, 000 or more
5. Other shareholders may be invited on special merits and/or subject to availability.

Invitations will be sent out in batches starting from the third week of September until the first week of November 2012. Shareholders are advised to keep an active lookout for the “5.33 Appreciation Gala Dinner 2012” link and confirmation of participation is required within seven (7) days of receiving the invitation. Tickets and SMS alerts will be sent out as reminders to invited shareholders. Shareholders who confirm their participation and fail to attend will be penalized USD1, 000 per person from their credit account.

Please be advised that travel or accommodation expenses are not included in the invitation.

Correspondence from shareholders that have not been issued with invitations will not be entertained.

Congratulations to all invited shareholders. To those who did not receive an invitation, please do not be disappointed as we hold the Appreciation Gala Dinner every year. It is Virgin Gold’s tradition and corporate philosophy.

Thank you.


Kenneth Elinger
CEO
Virgin Gold Mining Corporation

Source : http://press.vgmc.com/press-release/EN/2012/09/03/2012-Virgin-Gold-Appreciation-Gala-Dinner/

New Share Price for September 2012

Salam and Good Morning to all,

Well as we know that we already in the month of September, the current share price have been increased from USD 1650 to USD 1700 for this September 2012. Hurry up guys, what are you waiting for? 12% return of monthly dividend, sounds interesting? 

Plus, whoever subscribe 10 lot by this month will get 1 lot free as bonus shares from VGMC, you guys can refer latest updates by VGMC. 

VGMC have make a few announcements regarding bonus shares, bank beneficiary and credit withdrawal, kindly refer my earlier post on September updates. 

Latest Updates 1st September 2012 - UPGRADED : Credit Withdrawal & Beneficiary Bank Registration

Dear Shareholders,

We have successfully implemented an upgrade for “Beneficiary Bank Registration” and “Credit Withdrawal” at the end of August 2012. The implementation has been carried out in stages so as to minimize any interruptions to our shareholders’ daily account activities. A few smaller upgrades may still need to be implemented from time to time.

These new implementations will make the processing of outgoing payments to shareholders more efficient in most countries. The details are listed below:

1.- Specific Banks have been designated in many countries, especially those with local payment partners. These banks were carefully selected based on the input from our shareholders and payment partners. Payment partners have given their assurance that payments to selected banks will be even more efficient than they currently are.

2.- In those countries with designated banks, the approval for “Beneficiary Bank Registration” will take place within 48 hours. Countries with no designated banks will still have to wait for 3 – 5 working days for administrative approval (as was the practice before). New designated banks may be added from time to time, even to countries which currently have no designated banks.

3.- Expiration of Beneficiary Bank accounts. Shareholders in countries where designated banks have been selected will need to re-register their Beneficiary Bank details. All beneficiary bank records registered under the previous module have expired with this new implementation. Shareholders are strongly advised to be extremely careful when registering their bank details, especially account numbers, to avoid any complications from occurring with future withdrawals.

4.- In order to make the processing of payments to shareholders even more efficient and as a follow-up of cases where payments were not received, management has decided to implement a Monthly Credit Withdrawal policy, which is effective as of the 1st of September of 2012. The result of this policy is that shareholders may only request a Credit Withdrawal on the 1st of every month. We are confident that all credit withdrawals will be fully processed within the first two weeks, while problematic cases should be able to be resolved before the next payment window opens.

Thank you for your understanding and cooperation.


Matthew Jacobsen
Virgin Gold Mining Corporation
Vice President – Investor Relations

Source : http://press.vgmc.com/press-release/EN/2012/09/01/UPGRADED-Credit-Withdrawal-Beneficiary-Bank-Registration/

Latest Updates 1st September 2012 - 10% Bonus Shares

Dear Shareholders,

The board of directors has approved the allocation of 10% bonus shares to all newly subscribed CPS-GOLD in September 2012 and 5% bonus shares in October 2012.

For example:
If John subscribes to 10,000 CPS-GOLD in September 2012, he will receive:
10% of 10, 000 = 1, 000 Bonus shares.

If Rafael subscribes to 100,000 CPS-GOLD in October 2012, he will receive:
5% of 100, 000 = 5, 000 Bonus shares.

Bonus shares are similar to Convertible Preferred Shares (CPS-GOLD) with some slight differences. Below describes the attributes of Virgin Gold bonus shares:

1. Enjoy monthly dividend of equal amount similar to CPS-GOLD.
2. Can be converted into normal shares during or before the listing of Virgin Gold, similar to CPS-GOLD.
3. Non-transferable to another shareholder.
4. Not included in Group Bonus calculation.
5. Cannot be unsubscribed.
6. Cannot be used to calculate minimum number of CPS that needs to be maintained in a shareholder’s account.

Rewarding bonus shares is a common corporate practice for corporations that are performing well financially. Rewarding bonus shares to shareholders who subscribes to new CPS is a win-win situation for both Virgin Gold and our shareholders. While the corporation attracts more capital inflow to support its expanding operations, shareholders are rewarded with bonus shares that will contribute to extra dividend and asset appreciation in the long run.

As we move towards the last quarter of the year, we will successively disclose our corporate plan for 2013. There will be a lot of good surprises and news awaiting our shareholders, staffs and partners. For a start, we will be gearing towards greater corporate transparency, financial figures and the possibility of a new investment opportunity.

Thank you for your continuous support.


Kenneth Elinger
CEO – Virgin Gold Mining Corporation

Source : http://press.vgmc.com/press-release/EN/2012/09/01/10-Bonus-Shares/

The Lowly Gentlemen - Finally My Purchased Items Arrived

Hi Guys,

Aside to the gold investment, last 2 weeks ago I made a purchase at The Lowly Gentlemen website which I just received it today ;) 

Well it takes 2 weeks for the items to arrived in Malaysia, didnt expect the early delivery actually haha!
And the total cost of purchased items plus with the shipping fee is USD 104.75.

• 2 pcs of T-Shirts = USD 54.00
• 2 pcs of StanceWorks stickers = USD 15.00
• Shipping Fee = USD 35.75

So enough with the talks, let's go with the pics.

T-Shirts & Stickers

2 pcs of T-Shirts and 2 pcs of Stance Works stickers.

Latest Updates 17th August 2012 - Credit Withdrawal

Dear Shareholders,

Virgin Gold will launch a new module of Beneficiary Bank Registration and Credit Withdrawal at the end of this month. In many countries, the process of approval for Beneficiary Bank Registration will be automated (within 48 hours). Specific banks will be designated in many countries for Credit Withdrawal in order to facilitate payment processing and reduce the processing time by our payment providers.

We would also like to inform shareholders that due to Eid al-Fitr (Eid Mubarak) Celebration in Muslim countries around the world this weekend, there will be an estimated one week delay in processing credit withdrawal request from Middle Eastern, some South East Asian and African countries. We are confident that all of these withdrawals will be fully processed by the end of the month.

Thank you.

Matthew Jacobsen
Vice President - Investor Relations

Source : http://press.vgmc.com/press-release/EN/2012/08/17/Credit-Withdrawal/

New Share Price and Promotions for August 2012

VGMC NEW SHARE PRICE FOR AUGUST 2012

Guys, it's already August 2012! The share price for this month have increased from USD 1600 to USD 1650 then next month (September) will be USD 1700, plus new promotions for this August 2012!

Share price per lot will keep on increase guys so hurry up and invest with VGMC. Below is the current share price per lot for VGMC ;

SPECIAL PROMOTIONS FOR NEW VGMC INVESTOR
For those who join VGMC (Virgin Gold Mining Corporation) under my referral ID and invest minimum of 5 Lots (USD 8250)/ 10 Lots (USD 16500) will be entitled for FREE Samsung or Apple devices. Refer below options and T&C of promotions.

Promotion Options
1. Invest 5 Lots - USD 8250 (RM 26750) = Free Samsung Galaxy Tab2 7.0/ Samsung Galaxy Tab2 10.1/ Samsung Galaxy Tab 7.7

Samsung Tab 7.7

Samsung Tab2 10.1

Samsung Tab2 7.0

2. Invest 10 Lots - USD 16500 (RM 53500) = FREE Samsung Galaxy S3/ Apple Iphone 4S/ Apple Ipad 3  

Samsung Galaxy S3 White

Samsung Galaxy S3 Blue

Apple Iphone 4S 

Apple Ipad 3

Terms & Condition
1. Investor must be register under my referral ID 155501532418.
2. Investor must invest minimum of 5 LOTS (USD 8250 = RM 26,750) / 10 LOTS (USD 16500 = RM53500).
3. This apply to new investor and current investor only under my referral ID.
4. Once investor successfully register and invest, investor need to choose either 1 of the given above by options.
5. Investor will receive the devices in 3 working days.

For more details, pls call/sms 019-6664732 (Fariq) or pm through facebook/ whatsapp/ BBM.

Grab this promotions while share price per lot still USD 1650.

Latest Updates 1st August 2012 - Hitting Medium Term Goals

Dear Shareholders,

As most business organizations grow bigger in size, it becomes more reputable, trustworthy and financially feasible. This is the exact scenario with Virgin Gold. Within the next few years, Virgin Gold will become a global brand.

For the past two and a half years, we have managed to raise more than a billion dollar. A billion dollar is not a lot in this industry and globally, it does not even make us the top 500 in mining related corporations.

Nonetheless, we are proud to say that Virgin Gold is on the right track to achieving its medium term objectives. Our share price has doubled within the period of two and a half years. We are proud to say that our financial viability has allowed us to increase our shareholder’s dividend by 20% recently - a reward which is a difficult find in the investment world.

Looking forward, we anticipate that Virgin Gold CPS price will continue to rise, and the way the corporation is operated and managed, we are confident that the CPS dividend will also increase over time.

We would also like to address two recent issues:

1. Cash Withdrawal – We have successfully implemented a twice a month (1st & 15th) credit withdrawal effective July 2012. This is not to say that every shareholder’s cash withdrawal has been without problems. We do receive occasional complaints and we are working hard with our payment partners to make this process a smooth one in the coming months. By implementing this new measure, Virgin Gold is able to plan and manage its cash flow more efficiently, thus enabling us to generate more returns (dividend) for our shareholders.

2. Incoming Telegraphic Transfer – The regulations with regard to International Wire Transfer changes almost every day. While shareholders may be sending their fund to us, there have been many incidents that our bank rejected the incoming transactions due to administrative reasons and has been very sluggish in returning the fund to the sender. Local and international banking laws give full rights to beneficiary banks to reject transfers from sender if the bank feels that the sender, the sender’s bank or the fund's originating country is under their “suspicious” list.

International financial transactions will continue to remain a challenge for our corporation and its shareholders. However, we give you our full assurance that we will continue to find ways to smoothen this process.

In light of the coming occasion, the management would like to take this opportunity to wish our Muslim shareholders a “Happy Eid Mubarak/ Eid-ul-Fitr”. May you enjoy a blessed festival.


Thank you.

Kenneth Elinger
CEO – Virgin Gold Mining Corporation

Virgin Gold Mining Corporation

Source : http://press.vgmc.com/press-release/EN/2012/08/01/Virgin-Gold-%E2%80%93-Hitting-Medium-Term-Goals/

Latest Updates 31st July 2012 - Wire Transfer

Dear Shareholders,

Please be informed that effective the 1st of August 2012, the minimum amount to be wire transferred to our designated bank account(s) will be raised to USD 10,000.


Thank you.

Regards,
Ruby Christensen
Vice President of Accounts and Finance
Virgin Gold Mining Corporation

Source : http://press.vgmc.com/press-release/EN/2012/07/31/Wire-Transfer/

Latest Updates 31st July 2012 - Virgin Ambassadors (VA) - Change of Requirements

Dear Shareholders,

Earlier this year, Virgin Gold announced the set-up of Virgin Ambassadors (V.A.) to reward shareholders who excel in promoting the image and vision of the corporation.

Since the establishment, two V.A. gatherings have been held. The 1st in London, in April 2012 and the 2nd in Phuket, earlier this month.

The management has decided to increase our V.A.'s target for future gatherings as follows:

For the 3rd V.A. gathering, to be held in November 2012, invitations will be issued to those who earned a group bonus of USD50, 000 in the past 3 months.
For the 4th V.A. gathering, to be held in January 2013, invitations will be issued to those who earned a group bonus of USD70, 000 in the past 3 months.
For the 5th V.A. gathering, to be held in April/May 2013, invitations will be issued to those who earned a group bonus of USD100, 000 in the past 3 months.
These changes reflect the management's intention to ensure that V.A. Gatherings remain an exclusive reward for our elite shareholders.


Thank you.

Matthew Jacobsen
Vice President – Investor Relations
Virgin Gold Mining Corporation 

Source : http://press.vgmc.com/press-release/EN/2012/07/31/Virgin-Ambassadors-VA-Change-of-Requirements/

Latest Updates 26th July 2012 - Disruption of Services

Dear Valued Shareholders,


We would like to apologize for the disruption of services to login and register new shareholders these past 3 days. Our Technical Teams is working round the clock to overcome this minor problem and to take the opportunity to update our IT infrastructure as well as security features. We expect our system to resume normal services soon.


Thank you.


Virgin Gold Technical Department

Source : http://press.vgmc.com/press-release/EN/2012/07/26/Disruption-of-services/