VVC Confirms Helium Shows Of Up To 1.14% From Its Second Well In Syracuse Project
June 29, 2022

VVC Exploration Corporation ("VVC" or the "Company") received the gas analysis from the Durler 2-21 well ("the Durler") (see news release of May 25, 2022), located in the Company's Syracuse Helium Project. Multiple gas samples from the well were sent to the lab for analysis, which confirmed the presence of 1.14% helium in a gas-stream that can be easily refined into high-grade sales quality helium. The Durler was already connected to VVC's helium & natural gas gathering system pipeline and to the Tumbleweed Pipeline and Processing Plant.


"As Chairman of the Board, I have seen the immense progress of the VVC team over the past year and am excited about continuing to develop the Company's helium assets," said Dr. Terrence Martell, Chairman of the VVC Board. "This gas analysis shows a helium percentage in the upper range for the area, reinforcing our confidence in the project."


Syracuse Project Highlights:


  • 2 newly drilled and connected wells, Levens #2 and Durler 2-21;
  • 6 drilled wells waiting for completion and connection to Internal Pipeline;
  • 7 additional well sites currently permitted and prepped for drilling;
  • 15 identified well sites currently being permitted;
  • 50 additional potential well sites;
  • New leases continue to be added on an opportunistic basis.


ADDITIONAL ANNOUNCEMENTS:


Annual Shareholders Meeting


The Company's 2022 Annual General Meeting of shareholders (the "AGM") will be held virtually on Wednesday, August 31, 2022, at 10:00 am (ET), with a Record Date of July 19. Following the mailing of the Proxy Material to shareholders around July 26, shareholders will be able to download the Proxy Material, including the Information Circular Booklet, from www.sedar.com and/or from the Company's website.


Even though many of the Covid-19 restrictions have been lifted, this year's AGM will be a virtual-only meeting, there will be no In-Person voting at the AGM, and all voting must be by Proxy. The deadline for Proxy Voting will be 5:00 pm (ET) on Monday, August 29, 2022, but shareholders are encouraged to vote early. Registration will be required to attend the virtual AGM, either as a shareholder or a guest. Follow the instructions on the website or in the Information Circular. Following the formal business session, management will present an update on the activities and projects, and will be available to answer questions from shareholders, subject of course to respecting Securities Laws regarding "Selective Disclosure".


Loan Announcement


VVC has received a US$1.25M short-term loan facility from its Chairman of the Board. The loan is due on November 30, 2022 and bears interest at an annual rate based on the Secured Overnight Financing Rate (SOFR) plus 2.75%. The loan is secured by a 0.5% interest in the Company's interest in Proton Green LLC.


This financing will allow the Company to accelerate and expand its current helium production while it develops additional areas in its Syracuse Project.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

VVC Appoints New President & Grants Options

March 18, 2025
TORONTO, March 18, 2025 - VVC Exploration Corporation, dba VVC Resources, (“VVC”), (TSX-V:VVC and OTCQC:VVCVF) announces the following: Appointment of Officers The Directors appointed Mr. Bill Kerrigan as President and Chief Operating Officer of VVC. Mr. Kerrigan will continue to be President of Plateau Helium Corporation. Mr. James A. Culver will remain as CEO of VVC. VVC Chairman, Terrence Martell, commented, "As a representative of Management and the Board, I extend heartfelt gratitude to Mr. Culver for his years of service as President. I also welcome Mr. Kerrigan to his new role as President and I am confident that he will provide positive momentum for VVC." Option Grant The Directors also granted incentive stock options under its stock option plan, to officers, directors and consultants of the Company, to purchase up to an aggregate of 15,700,000 common shares, representing 2.74% of the outstanding shares of the Company. The stock options are exercisable at a price of CA$0.05 per share expiring March 17, 2035. 25% of the options granted will vest immediately with the remaining vesting at 25% every six months. The exercise price was fixed at the minimum allowable price by the TSX Venture Exchange policies. The options, granted in accordance with the provisions of the Company's stock option plan, are subject to the TSX Venture Exchange policies and the applicable securities laws. Of the Options granted, 41.1% were to Directors, 30.3% to Officers and 28.7% to Employees/Consultants of the Company. About VVC Resources VVC engages in the exploration, development, and management of natural resources - specializing in scarce and increasingly valuable materials needed to meet the growing, high-tech demands of industries such as manufacturing, technology, medicine, space travel, and the expanding green economy. Our portfolio includes a diverse set of multi-asset, high-growth projects, comprising: Helium & industrial gas production in western U.S.; Copper & associated metals operations in northern Mexico; and Strategic investments in carbon sequestration and other green energy technologies. VVC is a Canada-based, publicly-traded company on the TSXV (TSX-V:VVC). To learn more, visit our website at: www.vvcresources.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Results of VVC Annual Shareholders’ Meeting

December 5, 2024
The Company’s Annual General Meeting of Shareholders (“AGM”) took place virtually yesterday with 34 attendees (shareholders and guests). Total attendance in person and by proxy was 137 shareholders representing about 51.4% of the outstanding shares. At the AGM, shareholders approved the election of all Directors proposed by Management with over 90% of the tendered votes being in favor, and the re-appointment of MNP LLP as auditors of the Company with all of the tendered votes being in favor.
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