VVC Exploration Corporation ("VVC" or the "Company") (TSX-V:VVC) announces the following:
Pursuant to an arrangement with Stockhouse Publishing Ltd. ("Stockhouse") in August 2021, Stockhouse is assisting VVC with general market outreach and investor awareness as the Company continues to grow its investor base.
At the time, the Company issued to Stockhouse 157,900 common shares of VVC and a $60,000 Note to be converted into shares in four tranches over a year. With the approval of the TSX Venture Exchange, one quarter of the note ($15,000) will now be converted, as part of the second tranche, to 136,365 shares at the price of $0.11 per share, being yesterday's market price discounted by 25%. The next share issuance will occur in three months.
Stockhouse is providing VVC the opportunity to reach out to the investment community, and create a platform to educate and inform our investors in a more personal manner about VVC's Helium project in the USA and the Gloria Pilot Mine copper project in Mexico.
The Securities to be issued pursuant to the transaction will be subject to the applicable statutory, exchange and regulatory hold period of four months and any other required resale restrictions.
Contact
info@vvcresources.com
2369 Kingston Road, PO Box 28059 Terry Town, Scarborough, ON M1N 4E7 Canada
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