Each FT Unit consists of one flow-through common share and one-half of one non flow-through common share purchase warrant in the capital of the Company. Each whole share purchase warrant (a "FT Warrant") is exercisable into one common share of the Company at a price of $0.35 per common share until November 15, 2015.

Each Unit consists of one common share and one-half of one common share purchase warrant in the capital of the Company. Each share purchase warrant (a "Warrant") is exercisable into one common share of the Company for a period of 18 months from closing at a price of $0.35 per common share until November 15, 2015.

In connection with the Offering, the Company has paid an aggregate cash commission of $73,275, being 6% of the aggregate proceeds from the sale of FT Units and NFT Units to purchasers introduced by Secutor Capital Management Corp., an IIROC member firm (the "Finder"). The Company has also issued warrants (the "Finder's Warrants") to the Finder to acquire a total of 264,000 Shares, being 6% of the number of FT Units and NFT Units sold under the Offering to purchasers introduced by the Finder. Each Finder's Warrant entitles the holder to purchase one Share at a price of $0.25 per Share until November 15, 2015.

Insider purchased 530,000 NFT Units under the Offering. All securities issued under the Offering are subject to a statutory hold period ending on September 16, 2014 in accordance with applicable Canadian securities laws.

The proceeds received from the FT Units will be used by the Company to incur qualified Canadian Exploration Expenses on the Company's Canadian properties located in Canada and for the Manitoba Mineral Exploration Tax Credit, and the proceeds from the NFT Units will be used for investment in the private placement of North American Nickel Inc. ("NAN") as detailed in the news release of NAN of May 8, 2014.

VMS Ventures owns approximately 23.9% of North American Nickel Inc. (TSX VENTURE:NAN). For more information on North American Nickel Inc., please visit www.northamericannickel.com.

Forward Looking Statement

Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward-looking statements that involve various risks. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. VMS Ventures Inc. undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.

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.

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