Vital Resources Initiates Private Placement



    CALGARY, Aug. 8 /CNW/ - Vital Resources Corp. ("Vital") (CNQ Exchange -
VITL; Frankfurt Stock Exchange - VZN) is pleased to announce a non-brokered
private placement to raise gross proceeds of up to CAD $ 500,000.00. Under the
terms of the private placement, the company will offer for sale a maximum of
10 million units at CAD $ .05 per unit. Each unit will consist of one common
share of the company and one-half of a share purchase warrant. Each whole
warrant will allow the subscriber to purchase one additional common share of
the company at CAD $0.10 for one year from the closing date of the placement.
    Proceeds from the private placement will be used to advance the Cameroon
bauxite project, including a NI 43-101 report to verify past work done, for
which the company has recently signed a memorandum of understanding.

    Vital Resources is a Calgary based international resource development and
exploration company focused building and developing shareholder value.

    The CNQ Exchange does not accept responsibility for the adequacy or
    accuracy of this release.

    %SEDAR: 00022969E




For further information:

For further information: Michael Whitehead, President & CEO, Vital
Resources Corp.; Kevin Worth, Investor Relations, Phone: (403) 668-1645,
Email: klw@vitalrescorp.com, Website: www.vitalrescorp.com

Organization Profile

VITAL RESOURCES CORP.

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