TORONTO, ONTARIO--(Marketwire - July 28, 2008) - At an annual and special meeting of Victoria Resource Corporation (TSX VENTURE:VIT)( "Victoria" or the "Company") held on July 17, 2008 in Toronto, the shareholders of the Company approved a resolution to change the name of the Company to Victoria Gold Corp. The common shares of Victoria will continue to trade under its existing symbol of "VIT" on the TSX Venture Exchange. With immediate effect the Company's website can be accessed at www.vitgoldcorp.com.
"The new name reflects very clearly the company's focus on gold and symbolizes the positive changes which Victoria has experienced over the past 12 months under the new leadership team," said Chad Williams, President and CEO of Victoria Gold Corp.
To support the new name and to signal the company's ambitious strategy to add value per share, a new corporate identity has been launched. "This new brand reflects a new phase for Victoria; our optimism, our focus on following our goals simply, quickly and innovatively and, importantly, our commitment to integrity and corporate responsibility," added Mr. Williams.
At the same annual and special meeting on July 17, 2008, the shareholders of the Company approved all of the motions described in the Information Circular - Management Proxy Statement dated June 24, 2008.
Report of Voting Results
The Scrutineers reported that the total number of shares represented in person and by proxy at the meeting was 33,040,799. This number represents 35.32% of the outstanding shares of the Company.
Business of the Meeting
The following matters were put to a vote by a show of hands:
1. Fix the number of Directors of the Company to be elected at the meeting at four (4) members.
The resolution was approved.
2. The election of the following nominees as Directors of the Company for the ensuing year or until their successors are elected or appointed:
a. Chad Williams
b. Hugh Agro
c. T. Sean Harvey
d. John McConnell
All nominees proposed by management were elected.
3. The appointment of PriceWaterhouseCoopers LLP as auditors of the Company and to authorize the Directors to fix the auditor's remuneration. The resolution was approved and PriceWaterhouseCoopers LLP was appointed as auditors.
4. To ratify and approve the Stock Option Plan of the Company.
The Stock Option Plan of the Company was ratified and approved.
5. To approve the special resolution changing the name of the Company to "Victoria Gold Corp."
The change of name to Victoria Gold Corp. was approved.
About Victoria Gold Corp.
Victoria Gold Corp. aims to be a high growth, lower risk company focused on gold. The Company's strategy is to add value per share through efficient exploration, accretive acquisitions and effective marketing. Maintaining a low risk profile through project diversification, sound financial management, and operating in secure jurisdictions are key priorities for Victoria's management team.
FOR FURTHER INFORMATION PLEASE CONTACT:
Victoria Gold Corp.
President & CEO
(416) 866-8800 ext 230
Victoria Gold Corp.
Director Public & Corporate Affairs
(416) 866-8800 ext 226