Update on Syracuse Project and Spudding of Josephine Mack 1-18 Well
June 7, 2024

TORONTO, ONTARIO – June 7, 2024 – VVC Exploration Corporation, dba VVC Resources, ("VVC") or (the "Company"), (TSX-V:VVC and OTCQC:VVCVF) announces the completion of Levens 4-31 well in the Syracuse Project as well as the commencement of drilling activities at the Josephine Mack 1-18 well, marking the initiation of the Company's first test well within the Stockholm Project located in Wallace County, Kansas. 


Progress In Syracuse Project With Completion of Levens 4-31


The Company has finished the completion work of Levens 4-31, bringing the total number of producing wells in the Syracuse Project to five. The Company is committed to completing three more wells in Syracuse. 


Spudding of Josephine Mack 1-18 Well


On May 31st, drilling crews broke ground with the spudding of Josephine Mack 1-18. Spudding is the process of beginning to drill a well in the oil and gas industry, marking the start of the actual drilling operation. This well represents the first exploratory effort under the Stockholm Project's scope, targeting the Morrow Zone at a proposed depth of 5,300 feet. This initiative underscores VVC's strategic entry into this geologically promising region. The Company has positioned the Josephine Mack 1-18 to thoroughly evaluate the hydrocarbon potential of the Morrow Zone. 


Exploration Strategy and Economic Significance


The Company’s Stockholm Project is in the Morrow Zone, known for its stratigraphy and potential as a hydrocarbon reservoir. The data from the Josephine Mack 1-18 well will help determine the feasibility of further development in this area. This project is located an hour north of the Syracuse Project, which will allow the Company to utilize existing relationships with favorable vendors and operators. 


Jim Culver, CEO & President of VVC, stated, "The initiation of drilling at the Josephine Mack 1-18 well is the logical next step in broadening our operational footprint, particularly within the promising economic Morrow Zone of Kansas."


A Continued Commitment to Sustainable Practices


VVC remains dedicated to environmentally responsible practices.  The Company’s operations are conducted with the utmost regard to ensuring sustainability, minimal environmental impact and adherence to the highest industry standards and best practices.


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) and on the OTC Market (OTCQB:VVCVF).  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 Exploration Corporation Provides Regulatory Update and Clarifies a Previous Incorrect Statement about CYRB

May 21, 2026
TORONTO, May 21, 2026 - VVC Exploration Corporation, dba VVC Resources (“VVC” or the “Company”) (TSX-V: VVC and OTCQB: VVCVF) is providing an update to its previous news release dated May 16, 2026, regarding the status of its annual financial filings. The Ontario Securities Commission (the "OSC") has notified the Company that its application for a Management Cease Trade Order ("MCTO") has been rejected. In delivering its decision, the OSC noted that they are not of the view that there is an active, liquid market for the issuer’s securities, based on a review of the trade volume, trade value, and number of trades over the last month. Consequently, the OSC intends to issue a Failure-to-File Cease Trade Order ("FFCTO") against the Company shortly after the regulatory deadline if the continuous disclosure documents are not submitted. The Company's audited annual financial statements, management's discussion and analysis, and related officer certifications for the fiscal year ended January 31, 2026 (collectively, the "Required Filings") are due on June 1, 2026. Reason for Anticipated Delay The delay in completing VVC’s Required Filings is primarily attributable to the time required to complete the valuation and related accounting assessment of VVC’s equity investment in Cyber Apps Solutions Corp. (“CYRB”) and its operating subsidiary, Proton Green, LLC. The complexity of the valuation process and the resolution of related accounting matters delayed the commencement of VVC’s Required Filings. The Company also wishes to clarify that the references to executive management vacancies at CYRB included in the May 16, 2026 announcement were incorrect and have been retracted. Financing & Corporate Update In light of the operational adjustments required by the developments at CYRB, the Company also announces that it is actively pursuing capital-raising initiatives to protect working capital and fund ongoing operations, including its core helium and gold exploration assets. VVC is currently evaluating various financing options, which may include a proposed non-brokered private placement of securities. Any such financing remains subject to compliance with the strict terms of the proposed MCTO, which prohibits the issuance or acquisition of securities from any director, officer, or insider of VVC during the period of the default. Further details regarding the terms, pricing, and closing dates of any such financing will be announced if and when they are finalized. There can be no assurance that any financing will be completed on terms acceptable to the Company, or at all. Anticipated Completion and Impact of Order The Company and its independent third-party valuation specialist are working diligently to resolve the valuation framework with MNP LLP. VVC continues to target the completion and submission of the Required Filings on or before June 30, 2026. If an FFCTO is issued by the principal regulator, trading in the common shares of VVC will be suspended across all trading platforms in Canada, including the TSX Venture Exchange, until the Required Filings are completed and the order is formally revoked by the regulators. Insider Trading Restrictions The Company's internal insider trading blackout notice issued by the Corporate Secretary remains in full effect. All directors, officers, and insiders are strictly prohibited from trading in the Company's securities or exercising stock options until the default is fully remedied and the Required Filings are publicly available. 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.; Gold & 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 Grants Options

April 20, 2026
TORONTO, April 20, 2026 - VVC Exploration Corporation, dba VVC Resources, (“VVC”), (TSX-V:VVC and OTCQC:VVCVF) announces the following: Option Grant The Directors granted incentive stock options under its stock option plan, to officers, directors and consultants of the Company, to purchase up to an aggregate of 14,750,000 common shares, representing 2.58% of the outstanding shares of the Company. The stock options are exercisable at a price of CA$0.05 per share expiring April 20, 2036. Twenty five percent (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, 32.2% were to Directors, 37.3% to Officers, 18.6% to Employees and 11.9% to 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.; Gold & 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.
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