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TSX.V : VMI

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 Wed Jan 14, 2004
Communication Consultants Retained, Stock Option Plan Amended

 Vancouver, January 14, 2004 Vault Minerals Inc. (the "Company") (VMI-TSX.V) is pleased to announce that it has retained First Canadian Capital Corporation of Rexdale, Ontario, Canada to provide consulting services for a six month period, at $5000 per month effective January 15, 2004.

In addition the Company's Incentive Stock Option Plan dated June 29, 2003 has been amended to increase the common shares granted to certain officers, Directors, employees and consultants of the Company to a total of 1,764,094. The options are exercisable for two years at a price of $0.40 per share.

The amended Incentive Stock Option Plan is subject to approval by the Company's Disinterested Shareholders and by the TSX Venture Exchange.

Vault Minerals Inc. is based in Vancouver, Canada. Its capital consists of 8,820,468 issued shares and outstanding shares.

VAULT MINERALS INC.
Per:
'J. Michael Mackey'

President/CEO

For more information contact Mike Mackey, President, phone and fax (604) 222 4971, email j.m.m@telus.net.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
 
 

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