About Virgin Gold Mining Corporation (VGMC) - (1)

• 1.01 What is Virgin Gold?
  • Virgin Gold Mining Corporation (VGMC) is an investment holding company that ventures into the gold and precious metal mining and exploration industry.
• 1.02 Where is Virgin Gold based?
  • Virgin Gold is based in Panama, an international offshore tax-free financial center.
• 1.03 Where does Virgin Gold operate and what is its purpose?
  • Virgin Gold currently operates in parts of Africa and South America and is focused on growing shareholders’ value through joint ventures, acquisitions, exploration and the development of potentially large-scale gold and precious metal mining projects.
• 1.04 Why is Virgin Gold based offshore while operating onshore?
  • Virgin Gold utilizes various offshore vehicles to facilitate its onshore business operations and stake-holding. This means that we are able to generate maximum revenue and legitimately pay tax-free dividends to our shareholders.
• 1.05 Who owns and manages Virgin Gold?
  • Virgin Gold is owned by two groups of shareholders, normal and preferred. Virgin Gold is managed by an Executive Board headed by the newly appointed Chief Executive Officer, Mr. Kenneth Elinger since August 2011. The Executive Board reports to the Board of Directors which oversees the company’s financial statement, operations and future planning.
• 1.06 How many office(s) does Virgin Gold operate?
  • We maintain an administrative office in Panama City, Panama and operate a Premier Shareholder’s office in Dubai, United Arab Emirates to service our premier shareholders. We also have a few other corporate regional offices onshore that are not available to the public.
• 1.07 Does Virgin Gold plan to open more premier or investor relations offices worldwide?
  • If there is a necessity, we may do so in the future.
• 1.08 How can I learn more about Virgin Gold?
  • All necessary corporate and shareholder information is available at our website. All shareholders must thoroughly read the entire FAQ in order to fully understand how to operate a shareholder account, understand the complete business flow of Virgin Gold and resolve any arising issues by themselves.