VVC To Issue Additional Shares to Stockhouse
03 Diciembre 2021 - 7:00AM
VVC Exploration Corporation ("
VVC" or the
"Company") (TSX-V:VVC) announces the following:
Pursuant to an arrangement with Stockhouse
Publishing Ltd. ("Stockhouse") in August 2021, Stockhouse is
assisting VVC with general market outreach and investor awareness
as the Company continues to grow its investor base.
At the time, the Company issued to Stockhouse
157,900 common shares of VVC and a $60,000 Note to be converted
into shares in four tranches over a year. With the approval of the
TSX Venture Exchange, one quarter of the note ($15,000) will now be
converted, as part of the second tranche, to 136,365 shares at the
price of $0.11 per share, being yesterday's market price discounted
by 25%. The next share issuance will occur in three months.
Stockhouse is providing VVC the opportunity to
reach out to the investment community, and create a platform to
educate and inform our investors in a more personal manner about
VVC's Helium project in the USA and the Gloria Pilot Mine copper
project in Mexico.
The Securities to be issued pursuant to the
transaction will be subject to the applicable statutory, exchange
and regulatory hold period of four months and any other required
resale restrictions.
About VVC Exploration
Corporation
VVC is a publicly traded Canadian-based mining
exploration and development company listed on the TSX Venture
Exchange (TSX-V:VVC). With the addition of PHC, VVC is also a
Helium Producing company. VVC’s portfolio includes the Gloria
Copper Project in Northern Mexico, precious metals properties also
in Mexico and the Helium Projects owned by its wholly owned
subsidiary, Plateau Helium Corporation ("PHC"). VVC is currently
focused on the Helium Projects owned by PHC and will resume the
development of Gloria Copper Project, as soon as Covid-19
restrictions are removed in Mexico. To learn more, visit our
website at: http://vvcexpl.com.
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On behalf of
the Board of Directors |
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Michel J.
Lafrance, Secretary-Treasurer |
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For further information, please contact: |
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Patrick Fernet - (514) 631-2727 |
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Trevor Burbank - (214) 641-1041 |
E-mail: pfernet@vvcexploration.com |
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E-mail: trevor@vvcexpl.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.
2369 Kingston Road, PO Box 28059 Terry
Town, Scarborough, ON M1N 4E7 – Tel:
416-619-5304
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