VMS Ventures Inc.: Letter to Shareholders Regarding the Dunlop Legal Claim
This letter is in addition to a concurrent VMS News Release, concerning a statement of claim filed in Manitoba Court of Queen's Bench by one of our shareholders, making demands related to the Reed Lake Joint Venture.
The statement of claim, filed by W. Bruce Dunlop Limited (N.P.L.), seeks a mandatory injunction to cause VMS to take certain actions that its Board of Directors unequivocally believes are contrary to the best interests to the company and all its shareholders.
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VMS Ventures Inc.
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EXPLORATION STAGE |
CODE : VMS.V |
ISIN : CA91828R1091 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
VMS Ventures is a zinc and gold exploration company based in Canada. VMS Ventures holds various exploration projects in Canada. Its main exploration properties are REED LAKE, LYNN LAKE GABBROS, PUELLA BAY and COVER in Canada. VMS Ventures is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 13.9 millions as of today (US$ 10.3 millions, € 9.3 millions). Its stock quote reached its highest recent level on December 31, 2007 at CA$ 1.76, and its lowest recent point on January 22, 2016 at CA$ 0.05. VMS Ventures has 146 480 000 shares outstanding. |