VVC Exploration – Closing of Samalayuca Cobre Share Acquisition and Debt Conversion of CA$583,632
December 24, 2020

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


Acquisition of 100% of Samalayuca Cobre


Pursuant to agreements entered into with three arm's length parties in August and September 2020, as per the news release of November 3, 2020, VVC completed the acquisition of 83,333 additional shares of Samalayuca Cobre S.A. de C.V. ("SCSA"), representing 66.25% of the outstanding shares of SCSA. In consideration, VVC issued 27,200,000 common shares of VVC and 32,500,000 warrants to other three shareholders of SCSA. The shares and warrants will be subject to the Statutory 4-month Hold Period in Canada expiring April 22, 2021.  Each Warrant entitles the holder to purchase one additional common share of the Company at an exercise price of CA$0.06 per share until November 3, 2025. Cash payments aggregating US$750,000 will be paid on the occurrence certain pre-determined milestones.


SCSA is the owner of the Kaity Property where the Gloria Copper Project is located in Mexico. VVC will be changing its accounting treatment for SCSA and the Gloria Project in its Financial Statements going forward.


Debt Conversion


An aggregate of CA$583,632 of indebtedness, arising primarily from outstanding Debentures issued in November 2016 and December 2017, plus accrued interest, was settled today by the issuance of 8,337,600 Shares at $0.07 per share and 3,108,150 Warrants. The shares and warrants are subject to the Statutory 4-month Hold Period in Canada expiring April 24, 2021. The total shares and warrants issued were adjusted from that which was proposed in the news release of November 23, 2020.


One director of the Company participated by converting a US$50,000 Debenture plus US$6,838 in accrued interest, thereby receiving 1,055,600 shares and 336,000 warrants. All debt holders were non-residents of Canada.


Each warrant entitles the holder to purchase one additional common share of the Company at an exercise price of CA$0.10 per share for a period of 3 years expiring December 24, 2023.

March 18, 2025
TORONTO, March 18, 2025 - VVC Exploration Corporation, dba VVC Resources, (“VVC”), (TSX-V:VVC and OTCQC:VVCVF) announces the following: Appointment of Officers The Directors appointed Mr. Bill Kerrigan as President and Chief Operating Officer of VVC. Mr. Kerrigan will continue to be President of Plateau Helium Corporation. Mr. James A. Culver will remain as CEO of VVC. VVC Chairman, Terrence Martell, commented, "As a representative of Management and the Board, I extend heartfelt gratitude to Mr. Culver for his years of service as President. I also welcome Mr. Kerrigan to his new role as President and I am confident that he will provide positive momentum for VVC." Option Grant The Directors also granted incentive stock options under its stock option plan, to officers, directors and consultants of the Company, to purchase up to an aggregate of 15,700,000 common shares, representing 2.74% of the outstanding shares of the Company. The stock options are exercisable at a price of CA$0.05 per share expiring March 17, 2035. 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, 41.1% were to Directors, 30.3% to Officers and 28.7% to Employees/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.; 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). 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.
December 5, 2024
The Company’s Annual General Meeting of Shareholders (“AGM”) took place virtually yesterday with 34 attendees (shareholders and guests). Total attendance in person and by proxy was 137 shareholders representing about 51.4% of the outstanding shares. At the AGM, shareholders approved the election of all Directors proposed by Management with over 90% of the tendered votes being in favor, and the re-appointment of MNP LLP as auditors of the Company with all of the tendered votes being in favor.
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