Vital Energy Inc.TSXV: VUX

Ascendant Copper Announces Results of Annual & Special General Shareholders Meeting

· Issued by Vital Energy Inc. via CNW

VANCOUVER, June 27 /CNW/ - Ascendant Copper Corporation ("Ascendant" or the "Company") (TSX:ACX) today announced the results of its annual and special general meeting of shareholders held on June 25, 2008 in Toronto, Ontario. Robert Pevenstein, Gerald (Gary) E. Davis, John Gammon, Donald L. Page, Steven Phillips W.S. (Steve) Vaughan, and LeRoy Wilkes were elected to the Board. The Board re-elected Robert Pevenstein as Chairman of the Board of Directors.

The shareholders approved a change of name of the Company to "Copper Mesa Mining Corporation", pending final regulatory approval. Amendments to the Company's 2005 Stock Option Plan (the "Plan") were ratified and approved by shareholders and all unallocated options under the Plan were authorized until June 25, 2011. In addition, shareholders approved a shareholder Rights Plan and other general business was conducted. The audit firm of PricewaterhouseCoopers LLP was appointed.

About Copper Mesa Mining Corporation

Copper Mesa Mining Corporation is a mineral exploration and development company focused on advancing a portfolio of copper exploration projects with a primary emphasis on the development of its near-term producing copper properties in the Americas. The Company intends to continue to expand its existing resource base in the Americas through acquisition of additional properties of merit.