Timer to count down in VB.Net 2010

This is an example of using VB.NET to count down time:

Public Class frmSinglePlayer

    Private TargetDT As DateTime
    Private CountDownFrom As TimeSpan = TimeSpan.FromMinutes(3)

    Private Sub frmSinglePlayer_Load(sender As System.Object, e As System.EventArgs) Handles MyBase.Load
        tmrCountdown.Interval = 500
        TargetDT = DateTime.Now.Add(CountDownFrom)
        tmrCountdown.Start()
    End Sub

    Private Sub tmrCountdown_Tick(sender As Object, e As System.EventArgs) Handles tmrCountdown.Tick
        Dim ts As TimeSpan = TargetDT.Subtract(DateTime.Now)
        If ts.TotalMilliseconds > 0 Then
            lblTime.Text = ts.ToString("mm\:ss")
        Else
            lblTime.Text = "00:00"
            tmrCountdown.Stop()
            MessageBox.Show("Done")
        End If
    End Sub
End Class