VMS Ventures Inc. (TSX VENTURE:VMS) ("VMS" or the "Company") is pleased to
announce the acquisition of a land package comprising two separate groups of
claims from Mantis Mineral Corp. ("Mantis") (CNSX:MYN). The new claims cover a
prospective sequence of rocks over an area of 38.70 square kilometres. The claim
groups are situated immediately to the east and west of the VMS/HudBay
JV/Optioned claims where mine construction on the high grade Reed Copper Deposit
has begun. The claim blocks will be called Reed East & Reed West and are owned
100% by the Company.


Neil Richardson, COO states: "We are very pleased to have acquired the Reed East
and Reed West ground. It covers the same volcanic rocks that host VMS' Reed
discovery, our HudBay JV and Option properties and the Morton Lake, 9-7, and
Cowan River projects. Exploration work undertaken to date, includes a VTEM
airborne geophysical survey over the property that has produced several targets
of interest. VMS will complete its review and follow up prospective anomalies
with geophysical and geochemical surveying to assist us in confirming and
prioritizing drill targets. We anticipate drill testing targets on this property
in the upcoming winter drill season."


Reed East and Reed West cover the same favorable Four Mile Island volcanic rock
package that hosts the Reed Copper deposit and other deposits in this part of
the Flin Flon - Snow Lake Camp such as the Dickstone and Spruce Point Mines. A
Geotech VTEM survey undertaken by the vendor has established target areas, so
VMS considers this to be a grassroots project in a brown-field environment.


Under the terms of the Purchase Agreement, VMS will acquire the claims outright,
subject to an underlying royalty agreement, for a one time issuance of 500,000
common shares of the Company. These shares will be restricted for a period of
four months from the date of issuance. The Purchase Agreement remains subject to
the approval of the TSX Venture Exchange.


To view accompanying map, visit the following link:
http://media3.marketwire.com/docs/VMSreed.jpg


2011/2012 Winter Drill Results:

This past year's limited winter drill season was unsuccessful in the discovery
of new base or precious metals mineralization. During the winter, VMS completed
nine diamond drill holes, and one hole was abandoned due to ground conditions,
for a total of 3,282 metres.


Four holes were completed and one hole abandoned at our Morton Lake project for
1,185 metres with all holes explaining EM anomalies with sulphides and graphitic
schists.


Two holes were completed at the Puella Bay project for a total of 957 metres,
with neither hole intersecting the EM plates. Borehole pulse electromagnetic
surveys were completed and off-hole anomalies detected. These targets will be
followed-up in a future drill program.


Three holes were completed at the Cowan River project, with one hole drilled at
depth on the Cowan River zone, for a total of 1,140 metres. All holes
intersected pyrrhotite mineralization explaining the EM anomalies with no
appreciable base metals.


Target anomalies not able to be drill tested this past drill season will be
tested this winter, along with new targets being developed, including Reed East
and Reed West.


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 Mine, which is subject to a 70-30 JV with HudBay Minerals and is
scheduled for production in Q3-2013, 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.


Qualified Person

All technical information in this release has been reviewed by Dr. Mark Fedikow,
P.Geo, who is the Qualified Person for the Company and Vice President of
Exploration and Technical Services, VMS Ventures Inc.


Forward Looking Statement

Some of the statements contained herein may be forward-looking statements which
involve known and unknown risks and uncertainties. Without limitation,
statements regarding potential mineralization and resources, exploration
results, and future plans and objectives of the Company are forward-looking
statements that involve various risks. The following are important factors that
could cause the Company's actual results to differ materially from those
expressed or implied by such forward-looking statements: changes in the world
wide price of mineral commodities, general market conditions, risks inherent in
mineral exploration, risks associated with development, construction and mining
operations, the uncertainty of future profitability and the uncertainty of
access to additional capital. There can be no assurance that forward-looking
statements will prove to be accurate as actual results and future events may
differ materially from those anticipated in such statements. VMS Ventures Inc.
undertakes no obligation to update such forward-looking statements if
circumstances or management's estimates or opinions should change. The reader is
cautioned not to place undue reliance on such forward-looking statements.


ON BEHALF OF THE BOARD OF DIRECTORS

John Roozendaal, B.Sc., President

VMS Ventures Inc.

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