VMS Ventures Inc.

VMS Ventures Inc.

April 02, 2007 14:41 ET

VMS Ventures Retains Coal Harbor as Investor Relations Consultant

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 2, 2007) - VMS Ventures Inc. (TSX VENTURE:VMS) (the "Company") is pleased to announce that it has engaged Coal Harbor Communications ("Coal Harbor") as its investor relations consultant (http://www.coal-harbor.com).

Coal Harbor was founded in 1999 and specializes in corporate communications, investor relations and developing investment community sponsorship for growth oriented public companies. Coal Harbor will concentrate on introducing the Company to its network of brokers, analysts and money managers, institutional investors and investment bankers.

Coal Harbor has been engaged for a three month contract at a rate of Cdn$6,500 per month. The term of the contract may be extended for a further three months by the Company or cancelled by either party upon 30 days notice. The Company has also granted to Coal Harbor an option entitling them to purchase up to an aggregate of 200,000 common shares of the Company at an exercise price of $0.17 for a five year term expiring March 20, 2012. The options will vest as to 25% per quarter.

Coal Harbor does not have any direct or indirect interest in the Company.

VMS Ventures Inc. is acquiring, exploring and developing copper-zinc properties in the Flin Flon-Snow Lake VMS Belt. The Company's other projects include the Lynn Lake Gabbros nickel-copper properties in the Lynn Lake Nickel Belt, the South Bay nickel-copper-cobalt PGE property, and the Eden Lake Carbonatite Complex, Specialty Metals property. All properties are located in the mining friendly province of Manitoba, Canada.


Rick Mark, CEO & Chairman

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Contact Information

  • VMS Ventures Inc.
    Rick Mark
    CEO & Chairman
    (604) 986-2020 or Toll Free: 1-866-816-0118
    (604) 986-2021 (FAX)
    Website: www.vmsventures.com