Today’s announcement formally opens the door to Asian capital and potential Asian partners for VMS Ventures.

This idea has been circulating for almost three years, as we believe some of our very large properties in the highly prospective Flin Flon-Snow Lake VMS belt will appeal to senior Asian corporations looking to expand their reach via exploration, not just through outright acquisitions, or JV’s on existing deposits.  I believe the time is coming for such collaborations.

David and Huashan Capital have an impressive network and will now begin to test it for possible partners. We see this as a potential method of expanding exploration without expanding the capital structure.

We like the deal because Huashan is incented fairly and motivated to find partners/deals that make sense. They are in Asia and will act as our eyes and ears and will take the time to vet opportunities ahead of bringing them to us.

We expect drill results from the HudBay optioned properties very soon.

And, North American Nickel has begun drilling at Post Creek in Sudbury and has also begun the SkyTEM helicopter survey in Greenland..

As always, I look forward to your comments.

Best regards,

Rick Mark
CEO
VMS Ventures Inc.

VMS Ventures owns approximately 45% of North American Nickel Inc.

VMS VENTURES ENGAGES HUASHAN CAPITAL TO PROVIDE ADVISORY SERVICES IN ASIA

Vancouver, B.C., September 20, 2011 - VMS Ventures Inc. (VMS: TSX-V) (“VMS”) is pleased to announce that it has engaged the services of Huashan Capital of Shanghai, China, and in connection therewith, has appointed the principals of Huashan Capital, David Chen and Hock Ong, to its Advisory Board. In connection with his appointment, Mr. Chen has been granted 200,000 options, exercisable at a price of $0.42 for a term of 5 years.

Under the term of the consulting agreement VMS has engaged Huashan Capital to provide fiscal and corporate advisory and consulting services to VMS on a non-exclusive basis in Asia for a term of 18 months, subject to renewal and subject to a mutual right of termination on 30 days’ notice.

As consideration for the services under the Agreement, VMS has agreed, subject to the acceptance of the TSX Venture Exchange, to pay Huashan a success fee (the “Success Fee”) in connection with any transaction involving one or more of VMS’s mineral properties entered into with a third party introduced by Huashan Capital (a “Transaction”). The Success Fee will consist of a cash payment equal to 1% of the monetary value of a Transaction and such number of warrants or shall have a total exercise price equal to 2.5% of the monetary value of a Transaction, such warrants to have a term of two years and an exercise price based upon the trading price of VMS shares at the time of the Transaction.

Huashan Capital was established in 2009 as an advisory firm focusing primarily on the mining industry, specializing in cross border M&A, advisory and fundraising transactions for mining companies globally. Since formation, Huashan Capital has achieved a track record of successfully assisting Chinese companies to acquire and invest in international mining projects and companies; and global mining capitals to access capital and strategic investors from China to develop their mining projects and development capital.

Examples of notable transactions that Huashan Capital has completed include: assisting Vale to identify a Chinese acquirer for their Central Asia copper project; assisted an Australian gold exploration company to exit its China gold mine project; and assisting an African gold exploration company to complete its fundraising for further exploration. CLICK HERE TO READ MORE