VMS Ventures Reports Strike Action by a Trade Union at HudBay's Manitoba Operations
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 4, 2015) - VMS Ventures Inc. (TSX VENTURE:VMS) (the "Company") reports that on Saturday May 2, 2015 Reed mine operator and 70% JV partner, HudBay Minerals Inc. (Hudbay), announced the International Association of Machinists and Aerospace Workers, Local No. 1848 began a strike at noon on May 2, 2015 at its Manitoba operations. (See HudBay news release dated May 2, 2015 for details)
Company COO Neil Richardson states, "The strike action involves a relatively small percentage of the work force at the mine and Hudbay expects to maintain their production guidance. We continue to monitor the situation and remain in communication with the mine Operator."
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
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.
Contact
VMS Ventures Inc.
Evan Sleeman
Director
(604) 986-2020 or Toll Free: 1-866-816-0118
www.vmsventures.com