VVC Announces Private Placement and Debt Financings
February 5, 2020

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


Private Placement Financing


VVC is raising up to CA$2.0 million (US$1.5 million) in a non-brokered private placement of units of the Company at a price of CA$0.05 per Unit. Each Unit consists of one common share and one-half of one common share purchase warrant entitling the holder to purchase one additional common share of the Company for a period of three years, at an exercise price of CA$0.06 per share. The Company will pay a Finder's Fee, not to exceed 7% of the aggregate amount raised by the Finder, which fee may be paid in cash or by the issuance of up to 2,800,000 common shares and 1,400,000 warrants.


The Company expects to close the Private Placement in February 2020.


Debt Financing – 5-Year Note


VVC is also raising up to US$7.5 million in a 5-Year Note Debt Financing, with a Par Value of US$8.4 million, on a non-brokered private placement basis, with a Final Closing expected on April 30, 2020, with 2 possible earlier Closings. Each $100,000 unit (Par Value $112,00) comprises (i) one Promissory Note of US$112,000 Par Value and (ii) 200,000 VVC share purchase warrants ("Warrants") to purchase VVC shares at the greater of the Market Price at time of Closing or CA$0.06 expiring five years following the first Closing. Twelve Percent (12%) interest on the Par Value to start accruing on March 31, 2021, and to be payable quarterly with first payment due on June 30, 2021.


A Finder's Fee of up to 4% may be paid to qualified arm's-length person instrumental in introducing investors to the Company. In addition, the Finders could receive 25,000 Warrants for every Unit subscription received before February 28, 2020 and 12,500 Warrants for every Unit subscription received thereafter.


The total number of warrants to be issued to the investors and to Finders must not exceed the allowable amount under TSXV Policy 5.1 which will depend on the Market Price at each Closing. However, it is unlikely that the number of warrants to be issued at each Closing will exceed the said limits.


Other


Net proceeds of both Financings, after paying the general costs of the issue and the cash portion of the Finder's Fee, will be used for (i) the development of a Pilot Mine at the Company’s Gloria Copper Project in Chihuahua, State, Mexico, (ii) all Pilot Mine start-up costs, including but not limited to equipment, construction, supervision, and community activism, (iii) maintenance fees, permitting fees, exploration and option payments on all of the Company’s current and future mining projects, and, (iv) current accounts payable, (v) current general administrative expenses in Canada and in Mexico, and (v) working capital.


Only Accredited Investors can participate in these Financings. Both Financings are subject to the acceptance of TSX Venture Exchange ("TSXV").


Risk Factors


The Company’s business involves a variety of operational, financial and regulatory risks that are typical in the natural resource industry. The plans for the Company's proposed Pilot Mining Operation, including the economic case for it, have been prepared internally by the management team. No independent National Instrument 43-101 (NI 43-101) compatible Feasibility Study (FS), Pre-Feasibility Study (PFS), Preliminary Economic Assessment (PEA) or other economic assessment has been carried out on the project, and therefore, there is no independent confirmation that the project will be economic.

The Company is exposed to price risk with respect to commodity price movements and volatilities, in particular, the variability of copper prices.


The Company will attempt to mitigate these risks and minimize their effect on its financial performance, but there is no guarantee that the Company will be profitable in the future, and investment in the Financing should be considered speculative.


The Corporation is subject to many other risk factors that are more fully described in the "Financial Instruments and Risk Management" section and the "Business Risks" section of its Management's Discussion & Analysis (MD&A) which are prepared quarterly in conjunction with its Financial Statements and filed on SEDAR (www.sedar.com).

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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