VMS Ventures Inc.

VMS Ventures Inc.

June 17, 2014 09:10 ET

VMS Ventures Announces Management Changes

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 17, 2014) - VMS Ventures Inc. (TSX VENTURE:VMS) ("VMS Ventures" or the "Company") announces that Richard Mark, the Chief Executive Officer and Chairman of the Company, has tendered his resignation as of June 16. The Company thanks Mr. Mark for his 12 years of dedicated work to build shareholder value in VMS. We wish him well in his future endeavors.

Mr. Mark commented "As a large shareholder of VMS, I look forward to following the development of our now producing, high grade copper asset, the Reed Mine in Manitoba. I will also be watching North American Nickel closely, as VMS owns about 22% of NAN. Their 2014 exploration and zone drilling programs at NAN's 100-per-cent-owned Maniitsoq nickel sulphide project in southwestern Greenland are underway and we have high hopes for Discovery this season. I will miss the day to day intensity of running these two public companies, but must admit, I look forward to spending more time with my wife and daughter this summer.

John Roozendaal, the President of the Company has assumed the role of Chief Executive Officer.

About VMS Ventures Inc.:

VMS Ventures Inc. is focused primarily on acquiring, exploring and developing copper-zinc-gold-silver massive sulphide deposits in the Flin Flon-Snow Lake VMS Belt of Manitoba. The Company's VMS project property portfolio consists of the Reed mine, which is subject to a 70-30 JV with Hudbay Minerals and achieved initial production in Q4-2013, Copper Project, McClarty Lake Project, Sails Lake Project, Puella Bay Project and Morton Lake Project. Outside of the Snow Lake camp, the Company holds massive sulphide prospective properties near the past producing Fox Lake and Ruttan copper-zinc mines, near the communities of Lynn Lake and Leaf Rapids in northern Manitoba. These properties are located in the mining friendly province of Manitoba, Canada. The Company also has optioned the Black Creek property in the Sudbury mining camp.

VMS Ventures owns approximately 22% of North American Nickel Inc. (TSX VENTURE:NAN). For more information on North American Nickel Inc., please visit www.northamericannickel.com.

John Roozendaal, B.Sc., President
VMS Ventures Inc.

Neither the 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.

Contact Information

  • VMS Ventures Inc.
    Evan Sleeman, Director
    (604) 986-2020
    Toll Free: 1-866-816-0118