VMS Ventures Inc.
TSX VENTURE : VMS

VMS Ventures Inc.

December 01, 2015 08:00 ET

VMS Ventures Grants Incentive Stock Options to New CFO

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 1, 2015) - VMS Ventures Inc. (TSX VENTURE:VMS) ("VMS Ventures" or the "Company") is pleased to announce that it has granted incentive stock options to the new CFO of the Company, Shaun Heinrichs. Mr. Heinrichs may purchase 250,000 common shares in the capital of the Company pursuant to the Company's stock option plan. The options are exercisable, on or before December 1, 2020, at an exercise price of $0.09 per share and vest as to 50% immediately and 50% after 6 months.

About VMS Ventures Inc.

VMS Ventures is a mining and mineral exploration company; currently in partnership with Hudbay on the producing Reed Mine near Flin Flon Manitoba. VMS Ventures holds a 30% interest in the Reed Mine which is operated by Hudbay and achieved full production during Q2 of 2014. In addition, VMS Ventures is exploring a large prospective property package in Manitoba. The Company also holds approximately 14.5% of the shares of North American Nickel (TSX VENTURE:NAN) which is exploring a new district scale nickel-copper-cobalt PGE deposit belt in S.W. Greenland.

ON BEHALF OF THE BOARD OF DIRECTORS

John Roozendaal, B.Sc., Interim CEO and President

VMS Ventures Inc.

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

Contact Information

  • VMS Ventures Inc.
    Evan Sleeman
    IR and Corporate Secretary
    (604) 986-2020 or Toll Free: 1-866-816-0118
    www.vmsventures.com