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Re: News Release - Monday, March 12, 2007
Personnel Appointments
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CALGARY, ALBERTA: Vannessa Ventures Ltd. (TSX-V: VVV) ("Vannessa" or
the "Company") is pleased to announce that it has hired Arnoldo Rud�n
as General Manager of Industrias Infinito S.A., the Company's
subsidiary based in San Jos�, Costa Rica. Mr. Rud�n has a Bachelor's
degree in Geology from the University of Costa Rica and an MBA from
National University in San Diego California.
Mr. Rud�n will be responsible for the Company's day-to-day activities
in Costa Rica and is expected to play a lead role in the continuing
development of the Las Crucitas project from an exploration play into a
producing gold mine. Mr. Rud�n held senior positions with another gold
producer in Costa Rica prior to joining Industrias Infinito S.A.
The Company also wishes to announce that it has retained Jim Decker of
Jim Decker & Associates Inc. in the role of Senior Advisor, assisting
with all aspects of Vannessa's Latin American projects with primary
focus being on the advancement of the Las Crucitas gold property in
Costa Rica. He will also be the Company's main contact person with
respect to investor relations. Mr. Decker, who is fluent in Spanish,
is a graduate mining engineer with more than 35 years of experience in
senior management, operations and engineering with several large mining
companies in North and South America.
Vannessa has also retained the services of Coal Harbor Communications
Inc. ("Coal Harbor") to provide investor relations services reporting
to Mr. Decker. The principal of Coal Harbor is Mr. Dale Paruk, an
experienced investor and public relations professional. Coal Harbor
will distribute news and information on Vannessa and provide consistent
and timely contact with the Company's shareholders, other investors and
industry professionals on behalf of the Company. Coal Harbor maintains
its offices in Vancouver, British Columbia and works closely with
financial analysts, advisors and investors in Canada and the United
States.
Coal Harbor will receive a fee of $Cdn 6,000 per month starting in
March, 2007. Coal Harbor will be granted 100,000 stock options at
current market prices and may be issued another 100,000 stock options
in six months subject to certain conditions. The term of the contract
is one year. Coal Harbor and Dale Paruk are at arm's length to
Vannessa.
For information on Vannessa Ventures Ltd. contact:
Coal Harbor Communications
Suite 701, 555 Jervis Street
Vancouver BC Canada V6E 4N1
dale@coal-harbor.com
Tel: 1+ (604) 662-4505
Fax: 1+ (604) 662-4547
Toll-free: 1+ (877) 642-6200
John Morgan, President
VANNESSA VENTURES LTD.
"The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release."
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Copyright (c) 2007 VANNESSA VENTURES LTD. (VVV) All rights reserved.
For more information visit our website at http://www.vannessa.com/ or
send mailto:vvvinfo@vannessa.com
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