Virgin Gold Mining Corporation - Vgmc.com

Virgin Gold is undertaking an exercise of issuing fresh Convertible Preferred Stocks (CPS) and invites willing investors worldwide to take up this offer.

The offer price starts at $0.80/share on 1 January, 2010

- CPS stockholders get fixed monthly shareholder dividends 10%. These are paid in ounces of gold, which are freely convertible into monetary value at the spot gold price.
- CPS holders may unsubscribe their shares by giving 45 days� notice to the company.
- CPS holders are given capital and an interest free account in which to hold paper gold up to 3 times their share subscription value. Another great opportunity to further increases their medium to long term return.
- CPS holders may convert their shares into Common stock when Virgin Gold chooses to go public. If they choose not to do so, CPS holders will be refunded according to their subscription amount.
- CPS holders may even enjoy other incentives for referring new shareholders to the company

1)Any shareholder who currently subscribed to a minimum of 1,000 Virgin Gold Convertible Preferred Stocks (VGCPS) is eligible to refer new shareholders.
Referrers will be rewarded 10% of bonus shares based on the amount of shares their referrals subscribe to.

2)Group Bonus is calculated based on accumulated current month Convertible Preferred Stocks(CPS) of both groups. The accumulated volume is paired and paid at every 10,000 shares interval.
10,000 to 100,000 CPS pairing is paid USD1, 000(10%) per interval.
Pairing above 100,000 to unlimited/infinity are paid USD300 (3%) per interval.
Accumulated New Monthly CPS is defined as all newly subscribed shares for the whole of Lionel/Ronald�s group from the 1st until the last day of that particular calendar month. Transferred shares and Referral Bonus shares are not to be included in the calculation of Group Bonus.
Group Bonus is paid directly into the shareholder�s credit account on the 5th of the following month.

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