VVC - Warrant Exercise Proceed & Debt Settlement
19 November 2022 - 12:00AM
VVC Exploration Corporation, dba VVC Resources,
("
VVC" or the "
Company")
announces the following:
Warrant Exercises
From October 1 to November 17, 2022, the Company
received gross proceeds of $1.5 million pursuant to the exercise of
Series AE and AA warrants. Shareholders holding Series AA warrants
are reminded that these warrants expire on November 30, 2022.
Stockhouse
Publishing
Pursuant to an arrangement with Stockhouse
Publishing Ltd. in 2021, VVC is settling $15,000 of indebtedness by
the issuance of 214,285 shares at the price of $0.07.
The Securities to be issued pursuant to this
transaction will be subject to the approval of the TSX Venture
Exchange and to the applicable statutory, exchange and regulatory
hold period of four months and any other required resale
restrictions.
About VVC Resources VVC is
engaged 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.
|
On behalf of the Board of Directors |
|
|
|
|
|
Michel J.
Lafrance, Secretary-Treasurer |
For further information, please contact: |
|
|
|
Patrick Fernet
- (514) 631-2727 |
or |
Trevor Burbank
- (214) 641-1041 |
|
E-mail: pfernet@vvcexploration.com |
|
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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