Vault Minerals raises $420,000

("Vault" or the "Company") announces that, further to its press release dated
May 13, 2009, it has raised gross proceeds of $420,000 by way of a
non-brokered private placement. The financing consisted of the sale of
2,000,000 flow-through units ("Flow-Through Units") to the MineralFields Group
at a price of $0.12 per Flow-Through Unit and 1,500,000 units ("Units") at a
price of $0.12 per Unit. Insiders of the Company subscribed to greater than
90% of the Units.
    Each Flow-Through Unit consists of one common flow-through share and
one-half common share purchase warrant, and each such whole warrant is
exercisable to acquire one common share at a price of $0.25 until May 29,
2010. Each Unit consists of one common share and one common share purchase
warrant that is exercisable to acquire one common share of the Company at a
price of $0.20 until June 4, 2011.
    The securities issued pursuant to this financing bear a legend
restricting their resale until September 30, 2009 in the case of the
Flow-Through Units and October 5, 2009 in the case of the Units.
    Commissions of $14,400 cash and compensation warrants to acquire 160,000
common shares for 1 year at $0.25 per common share were issued in connection
with the Flow-Through financing.
    The proceeds of the financing will be used for general working capital
and to fund the exploration of the Company's gold properties situated in the
Kirkland Lake gold camp.

    About Vault

    Vault Minerals Inc. is a Canadian junior gold exploration company active
in the world-renowned Kirkland Lake gold camp of northern Ontario. The
Company's capital now consists of 33,216,093 issued and outstanding common
shares which are listed for trading on the TSX Venture Exchange under the
symbol `VMI'. For further information, please contact Joe Horne, President at
902 402 8266 or visit

    About MineralFields, Pathway and First Canadian Securities(R)

    MineralFields Group (a division of Pathway Asset Management), based in
Toronto and Vancouver, is a mining fund with significant assets under
administration that offers its tax-advantaged super flow-through limited
partnerships to investors throughout Canada as well as hard-dollar resource
limited partnerships to investors throughout the world. Pathway Asset
Management also specializes in the manufacturing and distribution of
structured products and mutual funds (including the Pathway Multi Series Funds
Inc. corporate-class mutual fund series). Information about MineralFields
Group is available at First Canadian Securities(R) is
active in leading resource financings (both flow-through and hard dollar PIPE
financings) on competitive, effective and service-friendly terms, and offers
investment banking, mergers and acquisitions, and mining industry consulting,
services to resource companies. MineralFields and Pathway have financed
several hundred mining and oil and gas exploration companies to date through
First Canadian Securities(R).

    On behalf of the Board of

    signed "Joseph D. Horne"
    Joseph D. Horne, President & CEO

    This Press Release may contain forward-looking statements that involve
inherent risks and uncertainties. Actual events or results could differ
materially from the Company's forward-looking statements and expectations, and
the Company disclaims any obligation to update these forward-looking

    "Neither 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."

For further information:

For further information: Joe Horne, President at 902 402 8266 or visit

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