$11.6m Grant Designed to Advance the Carbon Capture Industry In The Region

TORONTO, ONTARIO – August 18, 2023 – Proton Green LLC, a strategic investment of VVC Exploration Corporation, dba VVC Resources, ("VVC" or the "Company"), (TSX-V:VVC and OTCQB:VVCVF) was chosen by the U.S. Department of Energy to lead the development of the Southwest Regional Direct Air Capture (DAC) Hub. This initiative, backed by an esteemed consortium of industry leaders, universities, and organizations, has secured a substantial $11.6 million grant that underscores the promise of a cleaner, more sustainable future. Proton Green is a wholly owned subsidiary of Cyber App Solution Corp. (OTC: CYRB). VVC owns approximately 11.9% of Cyber App Solution Corp.

The Southwest Regional DAC Hub project is an integral part of the U.S. Department of Energy's groundbreaking Regional DAC Hubs program, aimed at expediting the establishment of a wide-reaching network of large-scale DAC carbon dioxide (CO2) removal sites across the nation. This initiative aligns with VVC's commitment to invest in projects fostering innovation and sustainable solutions within the energy sector.

Proton Green, a leading operator in the helium and beverage-grade CO2 market, will play an important role in facilitating the creation of a Storage Field Development Plan in conjunction with its consortium partners. This comprehensive plan will encompass diverse planning aspects including engineering, infrastructure layout, operational intricacies, and transportation logistics. The overarching goal is to pave the way for a multi-location DAC Hub capable of capturing over 1.0 million metric tons of CO2 annually from the atmosphere. This captured CO2 will be securely sequestered within Proton Green's St. Johns Field basin and two additional locations, reflecting Proton Green's commitment to addressing carbon emissions on a significant scale.

"The Southwest Regional Direct Air Capture Hub is a pioneering endeavor that aligns perfectly with VVC’s commitment to advancing sustainable technologies," said Terry Martell, Chairman of VVC Resources. "In addition to the environmental benefits, the grant allows Proton Green to take a big step in developing its carbon capture business."

The DAC Hub will complement Proton Green's strategic vision for CO2 sequestration at its St. Johns Dome asset, which is anticipated to serve as one of the multi-site locations within the Southwest Hub. Furthermore, the Hub's development holds the promise of fostering a renewable energy surge in a region marked by aging coal plants scheduled for retirement and expansive land with existing transmission capacity. This transition presents a unique opportunity to support local communities, generate tax revenue, and pave the way for sustainable industrial growth.

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.

About Proton Green, LLC

Proton Green LLC (OTC: CYRB) is a leading operator of one of the largest Helium and beverage grade CO2 hubs in North America. The Company maintains exclusive production rights to St. Johns Field, a 170,500 acre property in Arizona with a 33 billion cubic feet helium reservoir, 517 billion ton CO2 reservoir and a basin with the potential to store 1 billion metric tons of CO2. The Company is currently one of the leading producers of Helium in North America – a high-demand gas in both consumer and critical technology applications – leveraging strategic offtake partners with fixed-price agreements to drive a predictable revenue stream. Notably, both Helium and CO2 produced at St. John’s Field contain no hydrocarbon component. To learn more, please visit our website at https://www.protongreen.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.

FORWARD-LOOKING STATEMENTS:

This news release contains "forward‐looking information" (within the meaning of applicable Canadian securities  laws) and "forward‐looking statements" (within the meaning of the U.S. Private Securities Litigation Reform Act of  1995).  Such statements or information are identified with words such as "anticipate", "believe", "expect", "plan",  "intend", "potential", "estimate", "propose", "project", "outlook", "foresee", “strategy”, "success" or similar words  suggesting  future outcomes or statements  regarding an outlook.  Such statements include, among others: The  overarching goal is to pave the way for a multi‐location DAC Hub capable of …; This captured CO2 will be securely  sequestered  within …; which  is  anticipated  to  serve  as  one  of  the multi‐site  locations …;  holds  the  promise  of  fostering a renewable energy surge …; presents a unique opportunity to …; etc. 

Such forward‐looking information or statements are based on several risks, uncertainties and assumptions which  may cause actual results or other expectations to differ materially from those anticipated and which may prove to  be incorrect.  Assumptions have been made regarding, among other things, management's expectations regarding  the sequestration of CO,  the planning and completion of  the Hub and associated infrastructure.  Actual results  could differ materially due to a number of factors, without limitation, operational risks in the completion of the  project, delays or changes in plans with respect to the development of the project, dependence on third parties for  many  aspects  of  the  business;  general  market  and  economic  conditions;  technical  factors;  risks  in  legislative  changes in the applicable jurisdictions, the ability to attract key personnel. No assurances can be given that the  efforts by Proton Green will be successful. 

Although the Company believes that the expectations reflected in the forward‐looking information or statements  are  reasonable,  prospective investors in  the  Company's  securities  should  not  place  undue  reliance  on  forward‐ looking statements because the Company can provide no assurance that such expectations will prove to be correct.  Forward‐looking information and statements contained in this news release are as of the date of this news release  and  the Company assumes no obligation  to update or  revise  this forward‐looking information and statements,  except as required by law.

Investors are cautioned that notwithstanding the expectations described herein, there can be no assurance that  the plans described herein will be completed as proposed. Trading in the securities of VVC should be considered  highly speculative.  All forward‐looking statements contained in this press release are expressly qualified in their  entirety  by  these  cautionary  statements  and  by  those made  in  our  filings with  SEDAR  in  Canada  (available  at  www.sedarplus.ca).