Virginia Mines Inc - Focus on Quebec

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Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Message: Finalizes the Sale of Two Properties
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Finalizes the Sale of Two Properties

posted on Apr 21, 2009 06:24AM
April 21, 2009
Virginia Finalizes the Sale of Two Properties
QUEBEC CITY, QUEBEC--(Marketwire - April 21, 2009) - Virginia Mines Inc. (TSX:VGQ) ("Virginia") announces that it has sold the Lac Dufault property to Breakwater Resources Ltd. ("Breakwater"), and has finalized the sale to Rukwa Uranium inc. ("Rukwa") of the Uranium Nord property, initiated in May 2007.

Lac Dufault Property

Following the signing of an agreement where Breakwater acquired a 100% interest in three (3) claims located in the Dufresnoy Township in the Abitibi region, Virginia has been granted 100,000 shares of Breakwater. This agreement is subject to a 2% NSR in favour of Virginia and Breakwater has the right to buy back 1% for CA$1,000,000.

Uranium Nord Property

On May 28, 2007, Virginia announced that Matamec Exploration Inc. ("Matamec") acquired a 100% interest in the Uranium Nord property in consideration of cash payments and the issuance of 200,000 shares of a subsidiary to be created by Matamec. As this subsidiary has never emerged, Matamec and Virginia have agreed to jointly sell the property to Rukwa, a private company, in consideration of the issuance of 1,751,236 shares of Rukwa, 875,618 of which have been issued to Virginia. The agreement is also subject to two royalties (NSR), in favour of Virginia and Matamec, where 1% is payable to Virginia and half is redeemable for CA $500,000.

The agreement is subject to the approval of regulatory authorities.

About Virginia

Virginia is among the most active mining exploration companies in Quebec with a working capital of $38.6 million as at November 30, 2008, and 29,201,776 shares issued and outstanding as at March 31, 2009. Virginia trades on the Toronto Stock Exchange (TSX) under the ticker symbol VGQ. Virginia concentrates its activities on its numerous properties that are spread over the vast, unexplored regions of northern Quebec.
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