Vena Expresses Condolences on the Loss of Enrique Winkelried

NOT FOR DISTRIBUTION TO US NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE US

TORONTO, June 1, 2012 /CNW/ - Vena Resources Inc. ("Vena" or the "Company") (TSX: VEM, LIMA: VEM, Frankfurt: V1R, OTC-BB: VNARF, Xetra®: V1R.DE), is deeply saddened to learn of the sudden death of Enrique Winkelried, General Manager of Vena's Peru operations.

Juan Vegarra, Chairman and CEO stated, "We are sending Enrique's family our heartfelt condolences during this difficult time. Enrique was a special individual and a remarkable leader. I am well aware of the difference he made in the lives of many people, not only people affiliated with Vena but also in his private life. He will be missed by all of us. He was a mentor and teacher to many engineers in Peru, and personally he was like an older brother helping me guide the future of this Company. Our hearts go out to the Winkelried family and all connected to this great man."

Commenting on operations going forward, Mr. Vegarra stated, "We are confident in the strength and depth of our senior management team and staff who are all stepping in during this difficult time to ensure normal continuity of Vena's operations. In addition, our very experienced Board of Directors have all made themselves available to assist Vena management and staff as well as to offer the Winkelried family emotional support. Vena is a strong company with world class projects and partnerships as well as extraordinary people of great depth. David Vent, Vena's Vice President, Exploration who resides in Peru and who is our most senior technical management team member, will take over the General Manager responsibilities in Peru and will count with the support of the entire team developing the Azulcocha project as well as the exploration investments planned for this year."


The TSX does not accept the responsibility for the adequacy or accuracy of this release. Statements in this press release regarding the Company's business, plans, intentions, proposed Offering and use of proceeds thereof, which are not historical facts are "forward-looking statements" that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. These forward-looking statements are made as of the date hereof and the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. Information identifying risks and uncertainties relating to the Company's business are contained under the heading "Risk Factors" in the Company's current Annual Information Form and its other filings with the various Canadian Securities Regulators, which are available online at www.sedar.com.



For further information on Vena Resources, please visit the Company website at www.venaresources.com, its Facebook page or contact: Juan Vegarra - Chairman & CEO - (416) 364-7739, ext. 120 or jvegarra@venaresources.com.