VVC Announces First Helium Production and Sales, Marking Major Milestone for Company
June 16, 2021

VVC Exploration Corporation ("VVC" or the "Company") (TSX-V:VVC) announced that its wholly owned subsidiary, Plateau Helium Corporation ("PHC"), has begun producing helium from five (5) wells located on two (2) of PHC’s properties. PHC is also already selling helium and methane into the market through the Ladder Creek Helium Processing Plant ("Ladder Creek Plant") via the Tumbleweed Midstream Pipeline system ("Tumbleweed Pipeline").


Four of PHC’s five wells were acquired from Monarch Petroleum and are located in the Byerly Gas Field, and are past producers. The fifth producing well is on an adjacent property previously added to the Syracuse Helium Project. These five wells are now producing and are connected to the Tumbleweed Pipeline which transports the gas to the Ladder Creek Plant for sale into the market.


"We are extremely excited that VVC has transitioned from an exploration and development company to a production, development and exploration company," VVC Chairman Terrence Martell commented. "Step one was the acquisition of PHC late last year. Today, we are announcing the completion of step two: bringing the first wells into production and selling helium and methane gases. The Company is now focused on step three: production expansion and profitability which we expect in the very near future. Generating revenue has always been our goal and we are pleased to add this new segment to our portfolio, while we continue to drive our copper exploration and development program in Mexico."


Other producing wells should be added later this quarter.


Producing Wells:


a) Syracuse Project Extension - Levens 2-31: PHC acquired the Levens 2-31 well and an additional 640 acres as an extension to its existing Syracuse Project leases in Hamilton County, Kansas. Originally drilled in 1987 by Dome Petroleum Corporation and completed in the Chase Group gas zone at 2,393 – 2,400 feet. After encountering mechanical problems, the well was shut-in in 2016 and has remained so until acquired by PHC.


Plateau moved a workover rig to the well and successfully resolved the problems with the well. The wellhead and meter were repaired and electric service was restored. Subsequently, the well was turned on and it immediately showed a casing pressure of 55 psi. The well was then opened to the Tumbleweed Pipeline which transports the helium rich gas to the Ladder Creek Helium plant. Note, that in 2008, based on a Shamrock Gas Analysis, the Levens 2-31 well produced gas with a 1.273% helium concentration.

   

b) Monarch Petroleum Wells: PHC acquired the Kansas assets of Monarch Petroleum Corporation in April 2021 (see News Release). These assets include six fully equipped wells located within the Byerly Field, in Greeley County, Kansas. These wells were shut-in by the previous operator because of low gas prices and have remained so until acquired by PHC.

   

PHC made minor repairs to four of the six wells and restored electric power service. These wells are also connected to the Tumbleweed Pipeline and have begun producing helium rich gas which is being delivered to the Ladder Creek Plant for processing.

VVC Exploration Corporation Announces Director Resignation

June 19, 2026
TORONTO, June 19, 2026 - VVC Exploration Corporation, dba VVC Resources ("VVC" or the "Company") (TSX-V: VVC and OTCQB: VVCVF) announces that Mr. Bruno Dumais resigned as a Director of the Company. The Board of Directors has accepted Mr. Dumais' resignation with regret, and thanks him for his valuable contributions and dedicated service to the Company. Jim Culver, CEO of VVC, commented: "On behalf of the Board and management, I would like to express our deep appreciation to Bruno for his commitment to VVC. We value the insight and guidance he has provided during his tenure and wish him continued success in his future endeavors." The position on the Board of Directors will be left vacant until a new candidate can be appointed to fill the vacancy. 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 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.
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