Verena Minerals Corporation: Ron Stewart Goes to Dundee

TORONTO, ONTARIO--(Marketwire - Aug. 25, 2008) - Verena Minerals Corporation (TSX VENTURE: VML.V)("Verena" or the "Company") announced today that Mr. Ron Stewart, President & CEO of the Company, has accepted an offer from Dundee Securities Ltd. to be a mining analyst at that firm. He has tendered his resignation at Verena and will be joining Dundee on September 1, 2008.

"We are very happy for Ron and support his decision to work at Dundee in an area that has always had great appeal for him," stated Stephen G. Roman, Verena's Executive Chairman. "Ron was an excellent President and CEO at Verena who demonstrated a tremendous work ethic and professionalism. We wish him all the best with his new career."

Verena is currently in discussions with a number of qualified individuals who would step into the operating role at the Company and Stephen G. Roman will take on the role of CEO.

About Verena

Verena Minerals Corporation is a Canadian-based mineral exploration company with an outstanding portfolio of properties including gold, diamonds and gemstones in Brazil. Verena's prime focus is on advancing and expanding its 100 per cent% owned Volta Grande Project, located in Para State. Verena has a strategic alliance with Kinross Gold Corporation, which holds seven per cent of the common shares of Verena and is earning an interest in the Monte do Carmo and Patrocinio gold projects. Verena also operates the Lavrinha and Conceicao gold projects and controls a portfolio of diamond and gem properties. Verena trades on the TSX Venture Exchange and has approximately 97.3 million common shares issued and outstanding.

Cautionary Statement on Forward Looking Information

This press release may include forward looking statements within the meaning of securities laws. Forward looking statements involve certain risks and uncertainties that could cause actual results to differ materially from what is currently expected. Accordingly, readers should not place undue reliance on forward looking statements. For a more detailed discussion of such risks and other factors, refer to Verena's filings with the Canadian securities regulators available on www.sedar.com or the Company's website at www.verena.com.

Contacts

Stephen G. Roman
Verena Minerals Corporation
Executive Chairman
(416) 368-2998
Website: www.verena.com