Vulcan Minerals Inc. ("the Company" - "Vulcan")(TSX VENTURE:VUL) is pleased to
announce that the Plan of Arrangement involving the spin out of Red Moon, a new
subsidiary company focussed on potash/salt exploration and development in
western Newfoundland closed August 15, 2012. Shareholders of the Company as of
August 15, 2012 will receive one Red Moon share for every 3.835075 shares held
in the Company, distribution will be completed by August 17, 2012. Red Moon will
be listed on the TSX Venture Exchange under the symbol "RMK" on Friday, August
17, 2012. The Company has also completed a private placement in Red Moon for
$750,000 for its initial phase of exploration and working capital. 


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


The TSX Venture Exchange has not reviewed and does not accept responsibility for
the adequacy or accuracy of this release. The statements made in this News
Release may contain certain forward-looking statements. Actual events or results
may differ from the Company's expectations. Certain risk factors may also affect
the actual results achieved by the Company. There can be no assurance that
forward-looking information will prove to be accurate. Should one or more of
these risks and uncertainties materialize, or should underlying assumptions
prove incorrect, actual results may vary materially from any conclusions,
forecasts or projections described in the forward-looking information.
Accordingly, readers are advised not to place undue reliance on forward-looking
information. Except as required under applicable securities legislation, the
Company undertakes no obligation to publicly update or revise forward-looking
information, whether as a result of new information, future events or otherwise.


Shares Issued: 57,526,129

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