Stock Symbol:       TSX.V:RMK

St. John’s Newfoundland and Labrador – Vulcan Minerals Inc. (“the Company” – “Vulcan” TSX-V: VUL) announces that it has participated in a private placement by Red Moon Potash Inc (TSX-V:RMK) in the amount of $200,000 consisting of 4,000,000 units at 5 cents per unit consisting of one common share and one half common share purchase warrant with each whole warrant  exercisable into one common share at a price of 10 cents for a period of two years. Vulcan now owns 66.60% of the outstanding common shares of Red Moon or 67.23% if the warrants are exercised (without further dilution).

Red Moon is engaged in the exploration and delineation of a salt/potash deposit in western Newfoundland. It is currently preparing a National Instrument 43-101 compliant mineral resource assessment report for the Captain Cook salt deposit. The Company currently owns approximately 67% of the outstanding shares in Red Moon and a 3% royalty on the project lands.

Vulcan is a diversified junior exploration company with mineral exploration and petroleum interests in Newfoundland and Labrador.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This release may contain certain forward-looking statements. Actual events or results may differ from the Company’s expectations.  Certain risk factors beyond the Company’s control may affect the actual results achieved. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except by law, the Company undertakes no obligation to publicly update or revise forward-looking information.