VMS Ventures Announces Management Changes
June 17 2014 - 9:10AM
Marketwired
VMS Ventures Announces Management Changes
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 17, 2014) - VMS
Ventures Inc. (TSX-VENTURE:VMS) ("VMS Ventures" or the "Company")
announces that Richard Mark, the Chief Executive Officer and
Chairman of the Company, has tendered his resignation as of June
16. The Company thanks Mr. Mark for his 12 years of dedicated work
to build shareholder value in VMS. We wish him well in his future
endeavors.
Mr. Mark commented "As a large shareholder of VMS, I look
forward to following the development of our now producing, high
grade copper asset, the Reed Mine in Manitoba. I will also be
watching North American Nickel closely, as VMS owns about 22% of
NAN. Their 2014 exploration and zone drilling programs at NAN's
100-per-cent-owned Maniitsoq nickel sulphide project in
southwestern Greenland are underway and we have high hopes for
Discovery this season. I will miss the day to day intensity of
running these two public companies, but must admit, I look forward
to spending more time with my wife and daughter this summer.
John Roozendaal, the President of the Company has assumed the
role of Chief Executive Officer.
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.
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.
VMS Ventures Inc.Evan Sleeman, Director(604) 986-2020Toll Free:
1-866-816-0118
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