VVC Exploration - Results of Annual Shareholders' Meeting and Acquisition of Additional Shares of Samalayuca Cobre
September 1, 2020

VVC Exploration Corporation (“VVC” or the “Company”) (TSX-V:VVC) announces the following.


Shareholders' Meeting


The Company's virtual Annual General and Special Meeting of Shareholders (“AGSM”) took place virtually on August 28, 2020. At the AGSM, shareholders approved the election of all Directors proposed by Management and the re-appointment of MNP LLP as auditors of the Company. In addition, shareholders approved the 2020 Stock Option Plan (the "SOP"), with the disinterested shareholders, being the insiders of the Company, having abstained from voting. The SOP will be submitted to the TSX Venture Exchange ("TSXV") in order to obtain their acceptance, prior to being implemented and new options being granted.


The formal business session of the AGSM, was chaired by the Chairman of the Board, Terrence Martell. A Presentation and Q&A Session followed, whereby the President and CEO of the Company, Jim Culver, updated the attendees on the status of the Company, and Andre St-Michel, leading consultant to the Company in Mexico, provided a review of the Company’s Gloria Copper Pilot Mine Project and other activities in Mexico.


Both sessions of the AGSM were recorded and will be posted on the Company website, as soon as possible.


Update on Gloria Project


VVC’s Gloria Project field operations which are proximate to both El Paso TX and Juarez MX were shut down in March. Both cities have had and continue to have high levels of COVID cases and VVC has not yet been allowed to reopen field operations.


The Company’s Team in Mexico has been busy optimizing the Gloria mining plan and the recovery methodology, as well as looking for ways to extract more copper from the rock and to do so more quickly. The objective is to create more cash flow more quickly. The Team also continues to search for additional properties and sources of cash flow.


The work in the lab has been particularly important and will be key to an efficient project that recovers a very high percentage of the copper in the rock as quickly and economically as possible, once we are able to resume our activities and start the Gloria Copper Project.


After the COVID shutdown, the debt providers that we had expected to work with on the Gloria Project backed away. However, in the last month several parties have expressed interest in providing debt to the Company to build Gloria. When we have a better feel for the timing of the reopening of the Gloria project, we expect to choose a provider and complete a debt facility.


VVC owns 45,000 shares of Samalayuca Cobre S.A. de C.V. ("SCSA") representing 33.75% of the outstanding shares. Pursuant to Option Agreements entered into in September 2015 with Ressources Orford Inc. ("Orford") and Inversiones Agrofinancieras de Panama, S. A. ("IAP"), the Company had options to purchase an additional 45,000 shares of SCSA. The Company wished to acquire all the SCSA shares and as such re-negotiated the Option Agreements and entered into discussions with the other SCSA shareholder in order to acquire the remaining 33,333 SCSA shares.


Amended Agreements have been entered into and executed as follows:


(a) With Orford") to acquire 37,500 SCSA shares in consideration for cash payments of US$550,000 and the issuance of 10,000,000 VVC shares and 20,000,000 VVC warrants. The shares and warrants will be issued on Closing, a first payment of $150,000 will be made within 30 days following receipt the Explosive Permit in Mexico, and the remaining cash payments are to be made over a period of 19 months following the receipt of the first sales of copper.


(b) And with Inversiones Agrofinancieras de Panama, S. A. ("IAP") to acquire 17,500 SCSA shares in consideration for the issuance of 14,200,000 VVC shares and 12,500,000 VVC warrants to be issued on Closing:


Each warrant will entitle the holder to purchase an additional VVC Share at a price of $0.06 per share for a period of 5 years following Closing. The completion of this transaction will be subject to obtaining the requisite approval of the TSXV. Once completed, VVC will control 76.5% of SCSA.


SCSA is the owner of the Kaity Property where the Gloria Cooper Project is located. A National Instrument (NI) 43-101 Technical Report on the Kaity Property by Jacques Marchand P.Eng. Geology, dated April 21, 2019, was filed on SEDAR on May 7, 2019.


Other Acquisitions


The Company is looking at the possibility of staking new claims in Sinaloa State of Mexico. The area is prospective for gold, silver and copper. Further details will be announced as available.

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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