Dear VMS Followers,

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.