Article: Nevado Venture Capital Corporation Announces the Signing of Agreements in Principle for Mining Assets Constituting its Qualifying Transaction.

MONTREAL, QUEBEC, Nov 11, 2009 (Marketwire via COMTEX) -- Nevado Venture Capital Corporation (the "Corporation" or "Nevado") (TSX VENTURE:NVD.P) is proud to announce that it has entered into letters of intent for the purchase of five (5) properties comprising 764 mining claims (hereinafter, the "Properties") in the Thetford Mines and Baie-Comeau regions. This acquisition constitutes, along with a private placement of a maximum of $600,000, the Corporation's qualifying transaction (hereinafter, the "Qualifying Transaction"). The Corporation is a capital pool corporation listed on the TSX Venture Exchange (the "Exchange"). The Qualifying Transaction is as follow and a more ...

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