Business Overview

Focused on GOLD

Veris Gold Corp. (OTCQB:YNGFF) (Frankfurt Xetra Exchange: NG6A) is a growing mid-tier North American gold producer in the business of developing and operating gold mines in geo-politically stable jurisdictions. The Company's primary assets are the permitted and operating Jerritt Canyon processing plant and gold mines located 50 miles north of Elko, Nevada, USA. The Company's primary focus is on the re-development of the Jerritt Canyon mining and processing plant. The Company also holds a portfolio of precious metals properties in British Columbia and the Yukon Territory, Canada, including the Ketza River Property.

Property/Projects Information

Jerritt Canyon — Operating Property in Nevada, USA. VG: since June 20th, 2007. Since operations began in 1981, Jerritt Canyon has produced over 8 million ounces of gold. Open pit mining occurred between 1981 and 1999. Portal-accessed, underground mining commenced in 1993 in the Murray and MCE mines, and has progressed through time to the SSX-Steer Complex, Saval, and the Smith mines. Starvation Canyon, located in the south part of the property, is the most recent discovery and is currently in the permitting stage.

Boardmembers and Management

François Marland
President, Chief Executive Officer and Director
Mr. Marland brings a vast array of business and investment experience to the Veris Gold Board of Directors. He has over twenty years of global business experience and is a published author. Mr. Marland completed his Masters of Law in France in 1979 and went on to teach and practice law until 1987. Mr. Marland founded a group of 100 companies from 1987 until 1992. His group was composed of various industrial, distributional, internet and financial companies. In 1992 he sold the group, which by that time consisted of 4,500 employees, for $8 billion French Francs. He then turned his attention to investing in capital risk ventures. Since selling his group in 1992, Mr. Marland has acted as an advisor and capital risk-taker to more than 300 companies from different sectors of the market. Mr. Marland's goal as a Director of the Company and Chairman of the Strategic Planning Committee is to finance the acquisition of sulphide and refractory ore reserves in the region of the Jerritt Canyon gold mine, to organize the structures to manage them and to focus on establishing VG as a mid-sized gold producer in Nevada within the next three years.

Gerald Ruth
Chairman and Director
Mr. Ruth graduated from Wilfrid Laurier University with a Bachelor of Business Administration (Hons.) in 1981 and earned his designation as a Chartered Accountant in 1983. Mr. Ruth who is currently CEO of Gersan Capital Corp. and a Director of Ecosse Energy Corp. has been an independent corporate finance consultant since 2003, a Director and audit committee member of various private and public companies including formerly TSX listed Western Goldfields Inc. Mr. Ruth was with the Toronto Stock Exchange for over 15 years and was the head of the listings group for the last six of those years.

Graham C. Dickson B.Sc., A.R.C.S.
Chief Operating Officer, Senior Vice President Acquisitions & Corporate Development, and Director
Mr. Dickson has been working in the Mining Industry in North America for the last 28 years. Has acted as general manager of a turnkey construction company for gold milling facilities in remote locations, including the Snip Mill for Cominco Ltd., Golden Patricia Mill for Bond Gold and Seabee Mill for Claude Resources. Before joining VG, Mr. Dickson served in various capacities with BYG Natural Resources Ltd., which had an operating gold mine in the Yukon Territory. Recently as General Manager of the General Contractor Mr. Dickson completed the surface facilities, for Bema Gold’s Julietta mine in Far East Russia, ahead of schedule and under budget.

Shaun Heinrichs BBA, CA, CPA (Illinois)
Chief Financial Officer
Mr. Heinrichs has been with the Company since 2008 as Chief Financial Officer. He has over fifteen years of financial accounting experience, beginning with seven years of public practice experience with Ernst & Young in Vancouver. His primary role at Ernst & Young was as a lead assurance or advisory manager on several large US and Canadian public companies within the BC region. He subsequently held senior management roles in several large public companies as well as a large BC utility prior to joining Veris Gold Corp. Mr. Heinrichs has been instrumental in managing the finances of the Company during the recent corporate turn-around. Mr. Heinrichs holds a business degree from Simon Fraser University and is both a Chartered Accountant in Canada and a Certified Public Accountant in the United States.

Dr. Barry A. Goodfield
Dr. Goodfield is a recognized expert in negotiations, mediation, conflict resolution and communications. For more than three decades he has advised heads of state, cabinet ministers, senior corporate executives, ranking international civil servants, and military commanders internationally. Dr. Goodfield has also served as a senior consultant to NATO and in The Hague. He is a Senior Professor at Henley-Putnam University, instructing doctoral candidates specializing in intelligence counterterrorism and has lectured at Oxford and the University of California at Berkeley. He founded the Goodfield Institute in Glendale, Arizona, and The Netherlands.

Gerald Ruth
Mr. Ruth graduated from Wilfrid Laurier University with a Bachelor of Business Administration (Hons.) in 1981 and earned his designation as a Chartered Accountant in 1983. Mr. Ruth who is currently CEO of Gersan Capital Corp. and a Director of Ecosse Energy Corp. has been an independent corporate finance consultant since 2003, a Director and audit committee member of various private and public companies including formerly TSX listed Western Goldfields Inc. Mr. Ruth was with the Toronto Stock Exchange for over 15 years and was the head of the listings group for the last six of those years.

Jay Schnyder B.A.
Mr. Schnyder is a member of the management committee (Head of Refining) of MKS Finance SA, a precious metals and financial services group of companies specializing in all aspects of gold and other precious metals processing and trading based in Switzerland.

Jean-Edgar de Trentinian
Mr. de Trentinian has administered and owned, either partially or fully a large number of companies over the years. Amongst his mandates are the Générale de Fonderie, Atlas Air France, l’Editoriale Domus in France, the Magazine VSD, Lalique, the Brigitte Bardot foundation, the Group Charles Jourdan and The Perfumes Charles Jourdan. He has also served as Partner and Director of Studio 4 x 5, (France), Director of EDIPOP s.a., Director of HAPAX Holdings, publisher and Director of the top magazine for French residents (Switzerland) ‘Le Journal Français’, member of the foundation Jean Monnet for Europe, Director of CARREFOUR s.a. (Edition Fribourg), Director of HENMAR s.a. and Director of the institute of the formation of ‘Trusts Protectors’ (Fribourg). Mr. De Trentinian was also a diplomat, Head of Mission of Geneva, minister of foreign affairs of the Order of Saint Jean of Jerusalem (branch of the oecumenical Order of Malta). He is currently President and CEO of ORIFER.

Simon Solomonidis B.Sc.Eng., M.Sc.S.Eng.
Mr. Solomonidis is a seasoned senior executive, with strong general management, sales and marketing experience, coupled with exceptional financial skills, gained through a rich, high exposure international career path with Hewlett-Packard Europe. Throughout his 30 year career at HP, he has been exposed to both mature as well as high growth, cost constrained environments and has been in charge of multi-million business programs, including major restructuring ones, developing and managing international business teams in multi country, multi- culture operations. He has demonstrated relentless focus on business results, having exceeded revenue and profit goals in all his assignments and has acquired excellent strategic and leadership skills. He is particularly strong in managing business program execution/implementation, as well as in negotiating complex deals at senior executive level. Mr. Solomonidis holds a M.Sc. In Systems Engineering and a B.Sc in Electronic Engineering from the Universities of London and Birmingham in the UK, as well as an MBA in Economics from the Open University, UK. Mr. Solomonidis is currently working as an independent sales and management consultant.

Graham H. Scott B.Sc., M.S., LL.B.
Corporate Secretary
Mr. Scott combines 25 years as a resource and corporate finance lawyer with eight years of practical experience as an exploration geologist to give clients expert, balanced advice on all resource-related matters. He represents many Canadian public companies which are listed on the TSX and TSX Venture Exchanges, in addition to clients in the corporate finance business. Mr. Scott also represents a diverse group of clients in the mining industry, ranging from individual prospectors to multinational mining companies. In such work, Mr. Scott has negotiated and prepared participation and joint venture agreements for properties throughout the world. He has presented papers on securities law and mining law matters and has chaired many legal and industry conferences. Mr. Scott is listed in The Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada, is one of the 230 lawyers world-wide listed in the International Who’s Who of Mining Lawyers and is listed in the The Best Lawyers in Canada.

Todd W. Johnson M.Sc., P.E.
Vice President, Exploration
Mr. Johnson has over 16 years of experience in the precious and base metal resource industry and an additional 4 years of geotechnical engineering experience ranging from grass-roots exploration to mine predevelopment. Mr. Johnson is a Qualified Person as defined by the Canadian National Instrument 43-101 guidelines, a recognized expert in the assessment of base and precious metal systems, and has worked throughout the western United States, northern Mexico, and Canada. He worked for over 10 years with the Noranda-Hemlo Gold Mines group and was involved with the New World Au (Cu-Ag) discovery in Cooke City, Montana. After the merger of Hemlo Gold Mines and Battle Mountain Gold in 1996, Todd significantly contributed to the multi-million ounce resource expansion at the Phoenix Au (Cu-Ag) mine in Battle Mountain, Nevada which was later put into production by Newmont Mining Corporation. His most recent efforts have helped Veris Gold Corp. (VG) return the Jerritt Canyon Au (Ag) mine back into production in 2009 after it was temporarily shut down in August 2008. Mr. Johnson also helped manage the 2008 geotechnical, hydrogeological, and geo-metallurgy drilling campaigns to help support VG’s ongoing predevelopment study and Yukon Environmental and Socio-economic Assessment Board (YESAB) application for the Ketza River Au Project in the Yukon Territory. In addition to his geological and exploration experience, Mr. Johnson is a Professional Engineer (P.E.) in the state of Nevada and has worked on several commercial and industrial developments, mine developments, residential developments, utility lines, and roadways with several engineering companies including AMEC.

Joanne C. Jobin
Vice President, Investor Relations
Ms. Jobin brings over 25 years of Investor Relations experience to Veris Gold. She began her career in the fledgling investor relations industry in 1987 with Barrick Gold, where she worked to develop its early IR and marketing programs. Since then she has worked in the natural resources sector and managed the investor relations, corporate affairs and communications programs for a number of publicly traded companies, including J.P. Morgan & Co. (Canada), Canadian Tire Corporation, HEPCOE Credit Union, IAMGOLD Corporation, Noront Resources and Excellon Resources. She also co-founded The FIRM and founded IR.INC, international investor relations marketing companies focused on the natural resource sectors.

Additional Information

900-688 West Hastings Street, Vancouver BC, Canada V6B 1P1
T 604.688.9427   F 604.688.9426   E   W

Nicole Sanches, Investor Relations Manager T 604.688.9427 ext 224 E

Questions on share transfer / ownership, change of address or lost certificates, please contact Computershare Limited, 510 Burrard Street, 2nd Floor, Vancouver BC, Canada V6C 3B9 T 604.689.9853   F 604.689.8144   W

Corporate Profile on Stockhouse