Vannessa announces name change to Infinito Gold Ltd.

Vannessa Ventures Ltd. (the 'Company') - The Company announces that it is changing its name to 'Infinito Gold Ltd.'. Effective at the opening on Wednesday, May 28, 2008,the Company's common shares currently listed on the TSX Venture Exchangeunder the symbol 'VVV', will commence trading under the new name InfinitoGold Ltd. with the new symbol 'IG'. The name change to Infinito Gold Ltd. marks a transition in the Companyfrom a focus of pre-development centered on obtaining all of the majorapprovals and permits for the Crucitas gold project to a focus on mineconstruction leading to the operational phase of the mine.The Company has relocated the current Vice President of Operations, Dr.John Thomas, to Costa Rica to take responsibility for mine construction andinitial mine operation. Dr. Thomas was in charge of the construction of the Choco 10 gold mine in Venezuela and has extensive experience in mineconstruction and operation in many countries worldwide. Arnoldo Rudin, theGeneral Manager of the Company's wholly owned subsidiary IndustriasInfinito S.A. ("IISA"), located in San Jose, Costa Rica, will work closelywith Dr. Thomas in developing the project.