Virginia Energy Resources Inc VEGYF

Option Agreement for Solar Development Project at Coles Hill

[Betteryear2]

VANCOUVER, BC, April 1, 2022 /CNW/ - Virginia Energy Resources Inc. (TSXV: VUI) ("Virginia Energy" or the "Company") is pleased to announce that it has signed an option agreement with a solar development company to evaluate the feasibility of a solar energy generation facility on approximately 1,000 acres of the Company's land. If the option is exercised, this solar project would generate low carbon energy for the local community, Pittsylvania County, and the Commonwealth of Virginia.

[touareg]

Ahh you beat me to it Betteryear.. was about to post this news.. i doubt it will effect the share price but it's excellent news in my view. With the current uncertainty re Russia / Ukraine and the critical situation with U supply deficit and the global push for clean energy I feel it becomes much more a possibilty that Coles Hill will get the go ahead sooner than expected.