VVC Perforates 2 Wells for Helium and Natural Gas and Results of Post-AGM Board Meeting
November 21, 2023

TORONTO, Nov. 21, 2023 - VVC Exploration Corporation, dba VVC Resources, ("VVC") or (the "Company"), (TSX-V:VVC and OTCQC:VVCVF) announces the following:


Perforation of 2 Wells in Syracuse


VVC is proud to announce significant progress in its Syracuse Project, aimed at helium and natural gas extraction. The Company has successfully completed the perforation of two critical wells: Hodgson 1-17 and T-Spiker 1-7.


On November 16, 2023, VVC made a pivotal announcement regarding the Syracuse Project's progress in helium and natural gas extraction. The Company proudly disclosed the successful connection of two wells, Durler 2-21 and Levens 2-31 to the Tumbleweed Pipeline, marking a significant stride in the Company’s strategic initiative. In conjunction with this achievement, VVC reiterated its commitment to completing six additional wells, including the previously mentioned Hodgson 1-17 and T-Spiker 1-7.


This development is a crucial step in VVC’s strategy to enhance its helium and natural gas production capabilities. "The perforation of these wells positions VVC to tap into the high-potential Syracuse Project more effectively," stated Jim Culver, CEO of VVC Resources.


The Syracuse Project represents VVC's commitment to innovative and sustainable resource extraction in helium and natural gas.


Appointment of Officers


In first Board Meeting after the re-election of directors at the Annual General Meeting of shareholders (the "AGM") held yesterday, the Directors reappointed the following executive officers for VVC and the Chairman of the Board of Directors for the ensuing year:


  • Jim Culver, President and CEO
  • Terrence Martell, Chairman of the Board
  • Kevin Barnes, Chief Financial Officer
  • Michel Lafrance, Secretary-Treasurer
  • Bill Kerrigan, President of Plateau Helium Corporation.


In addition, the directors also appointed directors to the Company’s various standing committees and a Chairman for each Committee for the ensuing year.


Option Grant


At the same Board Meeting, 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 14,650,000 common shares, representing 2.96%% of the outstanding shares of the Company. The stock options are exercisable at a price of CA$0.08 per share expiring November 20, 2033. The exercise price was fixed above 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, 45.4% were to directors, 30.7% to Officers and 23.9% 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.

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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