VCR.P Vector Resources

Vector Resources Inc. (TSX VENTURE:VCR.P) ("Vector") announces that pursuant to
the terms and conditions of its stock option plan and a letter of partial
surrender of options received by Vector from its four Directors, Vector has
cancelled in the aggregate, 50,000 incentive stock options to purchase Common
Shares of Vector on July 20th, 2012 and will reissue 50,000 incentive stock
options to purchase Common Shares of Vector exercisable at a price of $0.25 each
to a Consultant, Douglas Purcell in recognition of his previous assistance in
reviewing potential targets for a Qualifying Transaction. Such incentive stock
options shall have a term of twelve months commencing from the date of this
announcement.


Darryl Levitt, President & Chief Executive Officer 

VECTOR RESOURCES INC.

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