VMS Ventures Inc. (TSX VENTURE:VMS) ("VMS" or the "Company") announced today
that its Board of Directors has approved the adoption of a Shareholder Rights
Plan Agreement (the "Rights Plan"). The Rights Plan is being adopted to ensure
the fair treatment of all VMS shareholders in connection with any take-over bid
for the outstanding common shares of VMS. The Rights Plan will provide
shareholders with adequate time to properly evaluate and assess a take-over bid
without facing undue pressure or coercion. The Rights Plan also provides the
Board with additional time to consider any take-over bid and, if applicable, to
explore alternative transactions in order to maximize shareholder value.


The Rights Plan is not designed to prevent take-over bids that treat VMS
shareholders fairly. Pursuant to the terms of the Rights Plan, any bid that
meets certain criteria intended to protect the interests of all shareholders are
deemed to be "Permitted Bids". A Permitted Bid must be made by way of a
take-over bid circular prepared in compliance with applicable securities laws
and, in addition to certain other conditions, must remain open for 60 days. In
the event a take-over bid does not meet the Permitted Bid requirements of the
Rights Plan, the rights issued under the plan will entitle shareholders, other
than any shareholder or shareholders involved in the take-over bid, to purchase
additional common shares of VMS at a significant discount to the market price of
the common shares at that time. The Rights Plan is not being adopted in response
to any proposal to acquire control of VMS.


The Rights Plan is subject to approval by the TSX Venture Exchange (the
"Exchange") and in accordance with the policies of the Exchange will be
presented for ratification by the shareholders at a general meeting to be held
within 6 months. If ratified by shareholders, the Rights Plan will have a term
of three years.


VMS Ventures Inc. is focused primarily on acquiring, exploring and developing
copper-zinc properties in the Flin Flon-Snow Lake VMS Belt. The Company also
holds the largest land package considered prospective for nickel-copper
mineralization at Lynn Lake, which is to date Canada's third largest nickel
producing camp. The Company's project portfolio consists of the Snow Lake VMS
project, the Lynn Lake Gabbros nickel-copper project, the Nickel Belt project,
the South Bay nickel-copper-cobalt PGE property, and the Eden Lake Carbonatite
Complex, Specialty Metals property. All VMS Ventures Inc. properties are located
in the mining friendly province of Manitoba, Canada.


ON BEHALF OF THE BOARD OF DIRECTORS

John Roozendaal B.Sc., President & Director
Vortex Metals (TSXV:VMS)
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