VMS Ventures Inc. (TSX VENTURE:VMS) ("VMS" or the "Company") is pleased to
announce that in keeping with the Joint Venture Agreement (JV Agreement) with
Hudbay Minerals Inc., (TSX:HBM)(NYSE:HBM) ("Hudbay") it has successfully
negotiated and executed a definitive and binding Ore Sales and Purchase
Agreement ("OS&P Agreement") with Hudbay regarding its 30% share of production
from the Reed mine, located near Flin Flon, Manitoba. The OS&P Agreement
commercial terms we negotiated in accordance with the overriding principle that
both parties be treated fairly, reasonably and transparently and that each party
be guided by the objective to secure fair pricing. 


Revenue earned by VMS from the sale of its share of Reed ore is contingent upon
actual mill recoveries achieved at Hudbay's concentrating facility in Flin Flon,
and on the actual mining, milling and other operating costs associated with
producing and selling both copper and zinc concentrates from the Reed ore. The
price payable to VMS for its proportional share of copper concentrate produced
from Reed is based on benchmark terms and pricing agreed between Hudbay and its
largest purchaser of copper concentrate. The selling price for Zinc concentrates
for VMS's share of ore produced at Reed will be based on standard third party
commercial terms for treatment at a Zinc refinery for each particular year of
operation. VMS will start receiving cash flow from Reed once its share of
capital costs incurred in mine development are repaid to Hudbay. 


Rick Mark (CEO and Chair) stated "This agreement represents a major milestone in
the development and now commercial operation of the Reed mine. VMS and Hudbay
worked very closely to ensure a fair, transparent and practical sales agreement,
which will result in maximizing the financial benefits of the mine's production
for both parties. We are pleased to continue our strong relationship into the
operational phase of the mine." 


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 mine, which is subject to a 70-30 JV with Hudbay Minerals and achieved
initial production in Q4-2013, 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 the
Black Creek property in the Sudbury mining camp. 


VMS Ventures owns approximately 22% of North American Nickel Inc. (TSX
VENTURE:NAN). For more information on North American Nickel Inc., please visit
www.northamericannickel.com. 


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. 

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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
VMS Ventures Inc.
Evan Sleeman
Director
(604) 986-2020 or Toll Free: 1-866-816-0118

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