VVC Exploration - Acquisition of Additional Shares of Samalayuca Cobre and Extension of Previously Issued Warrants
November 3, 2020

VVC Exploration Corporation ("VVC" or the "Company") (TSX-V:VVC) announces the following transactions.


Acquisition of Remaining Shares of Samalayuca Cobre


Through its wholly owned subsidiary, Camex Mining Development Group Inc., VVC currently owns 45,000 shares of Samalayuca Cobre S.A. de C.V. ("SCSA") representing 33.75% of the outstanding shares of SCSA (the "SCSA shares"). Pursuant to Option Agreements entered into in September 2015 with Ressources Orford Inc. ("Orford") and Inversiones Agrofinancieras de Panama, S. A. ("IAP"), the Company had options to purchase an additional 45,000 SCSA shares. The Company wished to acquire all the SCSA shares and as such entered into discussions with all the SCSA shareholders to finalize agreements to acquire the remaining 88,333 SCSA shares.


For this purpose, the Company entered into three (3) agreements, subject to approval of the TSXV Venture Exchange ("TSXV"), to acquire 88,333 SCSA shares for the aggregate consideration of $750,000, and the issuance of 27,200,000 shares of VVC ("Shares"), and 32,500,000 of Warrants of VVC ("Warrants"), as follows:


(a) With Orford to acquire 37,500 SCSA shares in consideration for cash payments of US$550,000 and the issuance of 10,000,000 Shares and 20,000,000 Warrants. The Shares and Warrants will be issued on Closing, a first payment of $150,000 will be made within 30 days following receipt the Explosive Permit in Mexico, and the remaining cash payments are to be made over a period of 19 months following the receipt of sales proceeds from the first sales of copper.


(b) With IAP to acquire 17,500 SCSA shares in consideration for the issuance of 14,200,000 Shares and 12,500,000 Warrants to be issued on Closing.


(c) With Micose S.A. de C.V. for the acquisition of 33,333 SCSA shares in consideration for cash payments of US$200,000, to be paid, half on Closing with the balance paid over a period 120 days following receipt of the Explosive Permit in Mexico, and for the issuance of 3,000,000 Shares be issued on Closing.


Each Warrant will entitle the holder to purchase an additional Share at a price of $0.06 per Share for a period of 5 years following Closing. Having received the Conditional Approval of the TSXV, the Company will proceed with the closing (the "Closing") of these three (3) transactions simultaneously at the earliest convenient time. Once completed, VVC will control 100% of SCSA. These agreements were first disclosed in news releases on September 1 and 28, 2020.


SCSA is the owner of the Kaity Property where the Gloria Cooper Project is located. A National Instrument (NI) 43-101 Technical Report on the Kaity Property by Jacques Marchand P.Eng. Geology, dated April 21, 2019, was filed on SEDAR on May 7, 2019.


Warrant Extensions


Following an application to the TSXV announced in a news release issued on October 26, 2020, the Company amended its application to only extend the warrants issued pursuant to equity private placements, and exclude warrants issued pursuant to debt conversions and debenture issuances. The TSXV approved the amended warrant extension and the new expiry dates are as follows:

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.
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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