Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s February 23rd, 2011, and we’ve found 3 great press releases to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.

VMS Reports 37.10 Metres of 5.60% Copper From In-Fill Hole RLD024 at Reed Lake

VMS Ventures Inc. (TSX VENTURE:VMS) ("VMS") is pleased to announce the latest drill and assay results from the in-fill diamond drill program at the Reed Lake copper-zinc-gold-silver deposit, near Snow Lake, Manitoba, Canada. These latest results including holes RLD023 to RLD026, were testing Zone 20. The in-fill program for the upper two lenses is now complete and the next in-fill drilling will focus on Zone 10 between the 300 and 530 metre levels.

Highlights

HoleFromToLengthCuZnAuAg

Number(m)(m)(m)%%(g/t)(g/t)Zone

---------------------------------------------------------------------------

RLD024189.60226.7037.105.600.720.466.6220

156.75184.1227.374.660.610.254.7520

RLD025-------------------------------------------------------------

240.62244.203.584.760.110.012.6410

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 Project, 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.

Last Trade: 0.5752 Week: 0.61 – 0.195Market Cap: 73.84 Million

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Typhoon Exploration: New Discovery of Gold and Silver at More Than 750 Meters of the Fayolle Deposit

Typhoon Exploration Inc. (TSX VENTURE:TYP) Announced today a new discovery by drilling within the framework of its exploration campaign on the entire Fayolle Property. Located at more than 750 meters SW of the Fayolle Deposit, Diamond Drill Hole FAX-10-05 (10.20 g/t Au over 0.70 metres) has intersected several mineralized envelopes ranging from 4 to 20 meters thick at a depth of 100 to 250 metres.

ABOUT TYPHOON EXPLORATION INC.

Typhoon Exploration Inc. is a Canadian mineral exploration company focused on developing its portfolio of gold projects near the Val d'Or, Malartic and Rouyn-Noranda gold mining camps in Abitibi, Quebec. The projects are located in one of the world's most prolific gold mining camps within the Abitibi Greenstone Belt along the Destor-Porcupine Fault. Its portfolio of gold projects include: The Fayolle Property (100%-owned by Typhoon), the Faille 1 Property (100%-owned by Typhoon), the Aiguebelle-Goldfields Property (51% owned by Typhoon and 49% owned by Agnico-Eagle Mines) and the Destorbelle Property (50% owned by Typhoon and 50% owned by Diamond Frank Exploration Inc.). All of these projects have historic mining infrastructures and producing mines located in close proximity to the property.

Last Trade: 0.9252 Week: 1.71 – 0.15Market Cap: 17.73 Million

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Giant Interactive Announces Fourth Quarter Results

Giant Interactive Group Inc. (NYSE:GA - News) ("Giant" or "the Company"), one of China's leading online game developers and operators, announced today its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2010.

Fourth Quarter 2010 Highlights:

• Net revenue was US$55.8 million, an increase of 8.7% from the third quarter 2010 and an increase of 33.4% from the fourth quarter 2009.
• Gross profit was US$47.1 million, an increase of 7.9% from the third quarter 2010 and an increase of 34.4% from the fourth quarter 2009. Gross profit margin for the fourth quarter 2010 was 84.5%.
• Net income attributable to the Company's shareholders was US$35.0 million, an increase of 10.8% from the third quarter 2010 and an increase of 16.9% from the fourth quarter 2009. The margin of net income attributable to the Company's shareholders for the fourth quarter 2010 was 62.8%.
• Basic and diluted earnings per American Depositary Share ("ADS") or one ordinary share were US$0.15 and US$0.15, respectivelyNon-GAAP net income attributable to the Company's shareholders excluding non-cash share-based compensation was US$36.5 million an increase of 9.0% from the third quarter 2010 and an increase of 17.7% from the fourth quarter 2009. The margin of non-GAAP net income attributable to the Company's shareholders excluding non-cash share-based compensation was 65.4%.
• Basic and diluted non-GAAP earnings excluding non-cash share-based compensation per ADS were RMB1.06 (US$0.16) and RMB1.03 (US$0.16), respectively, compared to basic and diluted non-GAAP earnings per ADS of RMB0.97 and RMB0.95, respectively, for the third quarter 2010, and basic and diluted non-GAAP earnings per ADS of RMB0.90 and RMB0.87, respectively, for the fourth quarter 2009.

About Giant Interactive Group Inc.

Giant Interactive Group Inc. (NYSE:GA - News) is a leading online game developer and operator in China in terms of market share according to iResearch Consulting Group, an independent Chinese research center, and focuses on massively multiplayer online role playing games. Currently, Giant operates multiple games, including ZT Online, ZT Online Green Edition, Giant Online, The Golden Land, XT Online, and Dragon Soul. Giant has several additional online games that it intends to launch, including ZT Online 2, Allods Online, and Elsword.

Last Trade: 7.4552 Week: 8.25 – 6.03Market Cap: 1.7 Billion

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