VMS Ventures Inc. (TSX VENTURE: VMS) ("VMS") is pleased to announce that it has received, from HudBay Minerals Inc. (TSX: HBM), the payment required under the Reed Lake joint venture agreement and the initial payments under the four property option agreements with HudBay that were announced July 6, 2010. The payments received by VMS total $2.85 million.

The payments were made by HudBay following VMS' confirmation that certain mineral claims under the joint venture and option agreements have been put into good standing under applicable Manitoba mining law.

Under the joint venture agreement, HudBay has a 70% interest in the copper-rich Reed Lake property and VMS has a 30% interest. For detail on the recently-announced diamond drilling program at Reed Lake, please see VMS' August 10, 2010 press release.

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 Lake Project, 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 three properties in the Sudbury mining camp. They are Terra Incognita, Golden Pine and Black Creek.

ON BEHALF OF THE BOARD OF DIRECTORS

Rick Mark, CEO, 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.

Contacts: VMS Ventures Inc. Keith Patey Director of Communications (604) 986-2020 or Toll Free: 1-866-816-0118 (604) 986-2021 (FAX) www.vmsventures.com Coal Harbor Communications Dale Paruk (604) 662-4505 or Toll Free: 1-877-345-3399

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