VVC Updates on Gloria Project, Private Placement Financing and Other Matters
June 4, 2020

VVC Exploration Corporation (“VVC” or the “Company”) (TSX‑V: VVC) wishes to provide the following updates:


Financial Statements


VVC filed its Financial Statements and Management's Discussion & Analysis (collectively the "Financials") for year ended January 31, 2020, on May 29, 2020. The Financials are available for download from the Company's website or from SEDAR (www.sedar.com).


VVC's Covid-19 Preparedness Plan


The Company expects to reopen the Gloria Copper Project, located in northern Chihuahua State, MX in June, once the Mexican authorities have granted permission.  In preparation for the re-opening, VVC is purchasing 2,250 face masks and face shields for our employees.  Throughout the pandemic, VVC has provided food and other supplies to the local community in Samalayuca, through the local "Solidarity Pantries Campaign". The Company is committed to providing the safest possible working environment for its workers while continuing to support the most vulnerable in the local community.


Metallurgical Testing - Gloria Project


Prior to the pandemic, VVC was using an on-site lab to evaluate copper recovery processes for heap leaching at the Gloria Project, with the objective of decreasing residence time, and increasing recoveries thereby reducing costs and hopefully increasing profitability.  Further testing has been delayed due to the onset of the Covid-19 pandemic and resulting shut-down, however plans are to continue to refine the recovery process once permission is granted for a restart.


The metallurgical testing was carried out in-house under the supervision of Everardo Morga Monárrez, a Senior Metallurgist from Hermosillo, México. If the metallurgical tests are successful and can be applied to the pilot mining / processing plan, a comprehensive 43-101 compliant report and news release will be issued to disclose the results and conclusions of the metallurgical test work. 


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 or the metallurgical testing, and therefore, there is no independent confirmation of copper recoveries or that the project will be economic.


Private Placement Financing


On March 23, 2020, VVC announced the closing of Tranche 1 of a non-brokered Private Placement financing of CA$951,560 (about US$722,000) representing an aggregate of 19,031,200 Units at a price of CA$0.05 per Unit. Each Unit consists of one common share ("Share") and one-half of one common share purchase warrant (Warrant"), each full Warrant entitling the holder to purchase one additional Share of the Company at an exercise price of CA$0.06 per Share for a period of three years, expiring on March 25, 2023.


VVC has now closed Tranche 2 for an additional CA$228,340 (US$165,000) representing 4,566,800 Units. The total financing was $1,179,900 (about US$887,000) representing an aggregate of 23,598,000 Units. The Company will also be issuing 312,300 Units to Novis Partners LLC, as a Finder's Fee, in addition to a CA$66,512 (US$ 50,000) cash payment. 


The proceeds of the Financing are for development on the Kaity Property in Chihuahua, Mexico, including costs associated with various permits, metallurgical bench testing of the copper mineralization, and investigation, evaluation and implementation of the Gloria Pilot Mining Project. In addition, the proceeds are being used for option payments in Mexico, current accounts payable, general administrative expenses, and working capital as needed.


The TSX Venture Exchange ("TSXV") conditionally accepted this Private Placement. The Units for Tranche 2 will be issued later this week following the TSXV final acceptance. All securities issued pursuant to the Financing are subject to the applicable statutory, exchange and regulatory hold period of four months and any other required resale restrictions.


As the economy is starting to reopen, VVC intends to start a new Financing Campaign shortly, in order to raise up to CA$1 million, along the same terms as the current Private Placement financing. Shareholders will be updated on this financing in future news releases.

VVC Grants Options

April 20, 2026
TORONTO, April 20, 2026 - VVC Exploration Corporation, dba VVC Resources, (“VVC”), (TSX-V:VVC and OTCQC:VVCVF) announces the following: Option Grant The Directors granted incentive stock options under its stock option plan, to officers, directors and consultants of the Company, to purchase up to an aggregate of 14,750,000 common shares, representing 2.58% of the outstanding shares of the Company. The stock options are exercisable at a price of CA$0.05 per share expiring April 20, 2036. Twenty five percent (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, 32.2% were to Directors, 37.3% to Officers, 18.6% to Employees and 11.9% to 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.; 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 – Strategic Exit of Gloria Copper Project in Mexico

November 18, 2025
TORONTO, Nov. 18, 2025 - VVC Exploration Corporation, dba VVC Resources ("VVC" or the "Company") (TSX-V: VVC; OTC: VVCVF) announces that, after a project review, it has strategically restructured its mining projects in Mexico. This project review encompassed multiple considerations, including ongoing maintenance costs, permitting authorizations, political climate, safety, upside potential and financeability of each project and probability of achieving the projects potential. After this review, the Company has decided to: Exit the Gloria Copper Project located near Samalayuca, State of Chihuahua, Mexico. This long-standing project of the Company is expensive to maintain and is in an area that has become more politically volatile with uncertain safety. The geological potential of the project is not in question, but the ability to achieve that potential is unclear. Focus all mining exploration activity on the Cumeral Gold Project. Cumeral is the Company’s highly prospective gold project in north central Sonora Mexico. This project, while not as advanced as the Gloria Copper Project, has a huge upside potential. It is in an area where there is strong local support for the project and a higher likelihood of permitting and implementation success. The Cumeral Gold Project is a 1,665-hectare property in northern Sonora near Imuris which exhibits quartz-vein–hosted gold in a detachment-fault/orogenic setting with a documented NNW–SSE mineralized trend of ~4 km. Historical work reported that ~36% of 407 grab/chip samples assayed 0.1–10 g/t Au; soil surveys outlined additional anomalies (47 samples >0.020 ppm Au); and air-track drilling intersected broad, near-surface intervals of 0.21–0.44 g/t Au over 6–26 m in key target areas. The Company will continue activities on the Cumeral Gold Project. Rationale and Next Steps The Company’s decision reflects consideration of cost discipline, safety and risk management. The exit from the Gloria Copper Project will reduce future cash outlays for care, maintenance, and permitting at amid uncertainty over permit viability and broader political conditions in Chihuahua State. Capital and management resources will be reallocated to the Cumeral Gold Project exploration, and to development of the Company’s helium/natural gas project in the Central Kansas Uplift (CKU) Project where existing infrastructure and near-term activities offer a clearer path to execution. « There are opportunity costs in every project, » said Jim Culver, CEO. « Exiting the Gloria Copper Project will allow the Company to concentrate resources on projects with an obvious direct and timely route to advancing development while maintaining discipline on risk and spending. » 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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