VMS Ventures Engages Launch IR Inc. for Investor Relations Services
November 08 2010 - 6:30AM
Marketwired
VMS Ventures Inc. (TSX VENTURE: VMS) (the "Company") is pleased to
announce that it has engaged Launch IR Capital Inc. ("Launch") to
provide investor relations services to the Company. Launch is an
Ottawa based Investor Relations - consulting firm with connections
and strong ties to industry leading investment firms in the United
States, Europe and Canada.
The agreement is for a 6 month term and the Company has agreed
to pay Launch a fee of $21,000 over the term of the agreement, with
a further $1,000 for each investors' meeting arranged during the
term of the agreement. The Company has also agreed to grant Launch
350,000 options of VMS at a price of $0.445 with an exercise period
of 2 years, which are to vest in accordance with the policies of
the TSX Venture Exchange.
The agreement is subject to the acceptance of the TSX Venture
Exchange.
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
John Roozendaal B.Sc., President & Director
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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