Valencia Ventures Hires Investor Relations Manager

TORONTO, ONTARIO, Sep 05 (MARKET WIRE) --
Valencia Ventures Inc. (TSX VENTURE: VVI) is pleased to announce that it
has hired Ms. Salisha Hosein as Manager, Investor Relations effective
July 1, 2008.

Prior to joining Valencia Ventures, Ms. Hosein held key investor
relations, communications and corporate finance positions with publicly
traded Canadian companies, and currently provides investor relations
consulting services to other publicly traded companies in the resource
sector. She holds a Bachelor of Commerce from the University of Toronto
and a Master of Professional Communication from the University of Western
Sydney, Australia. Ms. Hosein has also completed the Canadian Securities
Course.

In connection with her appointment, Ms. Hosein has been granted 50,000
stock options at a price of $0.14. The options shall vest quarterly over
a period of two years with the first instalment vesting on the date of
grant, subject to the four month regulatory hold. The options shall be
subject to regulatory approval and shall expire five years from the date
of grant, on September 5, 2013.

About Valencia Ventures

Valencia is a Canadian resource company traded under the symbol VVI on
the TSX Venture Exchange. Valencia's development strategy is focused on
the exploration and development of silver and gold properties, including
the Cachinal and Juncal silver projects in Chile and the Rancheria silver
project in the Yukon Territory and British Columbia, Canada. With a focus
on silver and gold exploration in the Americas, the Company also has a
number of property acquisitions under consideration.

For additional information on this press release or Valencia's projects,
please visit www.valenciaventures.com.

This press release contains "forward-looking information" within the
meaning of applicable securities legislation. Forward-looking information
includes, but is not limited to, statements regarding management changes
and the impact on the Company of these events. Forward-looking
information is subject to known and unknown risks, uncertainties and
other factors that may cause the actual results to be materially
different from those expressed or implied by such forward-looking
information, including but not limited to: general business, economic,
competitive, political and social uncertainties; the actual results of
current exploration activities; conclusions of economic evaluations;
changes in project parameters, future prices of mineral prices; and risks
of the mining industry. There can be no assurance that such information
will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking information.
The Company does not undertake to update any forward-looking information,
except in accordance with applicable securities laws.

THE TSX
VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contacts:
Valencia Ventures Inc.
John Begeman
President & Chief Executive Officer
(416) 861-9500
(416) 861-8165 (FAX)
Email: jbegeman@valenciaventures.com
Website: www.valenciaventures.com

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