VANCOUVER, April 27, 2016 - VMS Ventures Inc. (TSX.V: VMS) (the 'Company' or 'VMS') is pleased to announce the completion of the previously announced plan of arrangement (the 'Plan of Arrangement') with Royal Nickel Corporation (TSX: RNX) ('RNC'). Pursuant to the Plan of Arrangement VMS has become a wholly owned subsidiary of RNC and all of the issued and outstanding common shares of VMS were transferred to RNC in exchange for an aggregate of 30,000,000 RNC common shares and CDN$3,507,000 in accordance with the alternative options available to VMS shareholders as detailed in the Plan of Arrangement.

Following completion of the Plan of Arrangement application will be made to have VMS's common shares delisted from the TSX Venture Exchange and to have VMS cease to be a reporting issuer in those jurisdictions in Canada in which it currently has reporting obligations.

For further information:
Rob Buchanan, Director, Investor Relations, Royal Nickel Corporation
Tel: (416) 309-0600, www.royalnickel.com;
Mélanie Corriveau (French contact), Community Relations Coordinator,
Tel: (819) 727-3777

Cautionary Statement

This release includes certain statements that may be deemed 'forward-looking statements'. All statements in this release, other than statements of historical facts, that address events or developments that VMS expects are forward-looking statements. Although VMS believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Assumptions upon which forward-looking statements relating to the Arrangement have been made include the de-listing of the VMS Shares from the TSXV, and VMS ceasing to become a reporting issuer in its reporting jurisdictions in Canada.

The TSXV has in no way passed upon the merits of the proposed transactions and has neither approved nor disapproved the contents of this press release.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.