Vendome Resources Corp.

Vendome Resources Corp.

February 27, 2012 16:30 ET

Vendome Receives an Expenditure Credit Towards Their San Javier Agreement

TORONTO, ONTARIO--(Marketwire - Feb. 27, 2012) - Vendome Resources Corp. (TSX VENTURE:VDR)(FRANKFURT:9VR) ("Vendome" or the "Company") is pleased to announce that it has reached a binding agreement with Camsim Minas S.A. de C.V. respecting the option agreement dated December 1, 2011, regarding the San Javier Property pursuant to which Vendome must spend $3,000,000 in the next three years. Camsim has agreed to give Vendome an expenditure credit of $400,000 in return for the issuance of 800,000 Vendome common shares. This agreement is subject to TSX Venture Exchange approval and all securities issued there under will be subject to a four (4) month and one day hold period from their date of issuance.

This news release contains certain "forward-looking statements". All statements, other than statements of historical fact that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future are forward looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to the Company. Such forward-looking statements include, among other things, statements relating to the Company's proposed expenditures on the San Javier Property, the conclusion of the agreement with Camsim to earn an expenditure credit pursuant to the issuance of shares and the TSX venture Exchange Approval thereof. Forward-looking statements are subject to significant risks and uncertainties and other factors that could cause the actual results to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, but are not limited to: the failure to make the required expenditures; the failure to obtain any required regulatory or stock exchange approvals and other factors. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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