VVC Exploration – Closing of Private Placement Financing
March 23, 2020

VVC Exploration Corporation ("VVC" or the "Company") (TSX-V:VVC) announces the following:


Private Placement Financing


VVC closed subscriptions for Tranche 1 of a non-brokered Private Placement financing, previously announced on February 5, 2020. To-date, VVC raised CA$951,560 (about US$722,000) and will issue to the placees an aggregate of 19,031,200 Units at a price of CA$0.05 per Unit. Each Unit consists of one common share ("Share") and one-half of one common share purchase warrant (Warrant"), each full Warrant entitling the holder to purchase one additional Share of the Company at an exercise price of CA$0.06 per Share for a period of three years.


The proceeds of the Financing are for development on the Kaity Property in Mexico, including costs associated with various permits, metallurgical bench testing of the copper mineralization, and investigation, evaluation and implementation of the Gloria Pilot Mining Project. In addition, the proceeds are being used for option payments in Mexico, current accounts payable, general administrative expenses, and working capital as needed.


The TSX Venture Exchange ("TSXV") conditionally accepted this Private Placement. The Company has requested an extension of 30 days in order to finalize and close a second tranche. The Company expects to raise an additional $200,000 to $500,000 within the next 30 days.


The Units for Tranche 1 will be issued later this week following the TSXV granting the extension. All securities issued pursuant to the Financing will be subject to the applicable statutory, exchange and regulatory hold period of four months and any other required resale restrictions. The Finder's Fee will be paid on Final Closing.

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.
Show More >