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VVC Announces Debt Conversion and Details of Upcoming AGM

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TORONTO, July 09, 2021 (GLOBE NEWSWIRE) — VVC Exploration Company (“VVC” or the “Firm”) (TSX-V:VVC) pronounces the next:

Annual Shareholders Assembly

The Firm’s 2021 Annual Normal Assembly of shareholders (the “AGM”) can be held nearly on Thursday, August 19, 2021 at 10:00 am, with a File Date of July 7. Following the mailing of the Proxy Materials to shareholders round July 15, shareholders will be capable of obtain the Proxy Materials, together with the Data Round Booklet, from www.sedar.com and/or from the Firm’s web site at www.vvcexpl.com/shareholder-meeting. Due the Pandemic, there can be no In-Individual voting on the AGM and voting have to be by Proxy. The deadline for Proxy Voting can be 10 am on Wednesday, August 17, 2020, however shareholders are inspired to vote early.   Registration can be required to attend the digital AGM, both as a shareholder or a visitor. Observe the directions on the web site or within the Data Round.

Following the formal enterprise session, administration will current an replace on the actions and initiatives, and can be obtainable to reply questions from shareholders, topic after all to respecting Securities Legal guidelines concerning “Selective Disclosure”.

Debt Conversion

VVC not too long ago entered into agreements to settle an mixture of $110,725 of indebtedness by the issuance 1,165,526 widespread shares (“Share”) of the Firm at $0.095 per share. One insider, the CEO of the Firm, is collaborating by changing CA$35,725 (US$28,500) owed to him.to obtain 376,053 shares. This may enable the Firm to preserve its money available which is already dedicated.

The transaction is topic to acceptance of the TSX Enterprise Trade. All shares to be issued pursuant to the providing can be topic to the relevant statutory, alternate and regulatory maintain interval of 4 months and some other required resale restrictions. The shares to be issued haven’t and won’t be registered below the US Securities Act of 1933, as amended, or any state securities legal guidelines.

About VVC Exploration Company

VVC is a Canadian exploration and mining firm targeted on the exploration and improvement of copper and gold deposits in Northern Mexico, particularly the Kaity Copper Mission situated in in Chihuahua State. VVC has different initiatives in Mexico and Canada, together with gold and silver prospects, Cumeral and La Tuna, in Sonora and Sinaloa States, Mexico and a grassroots gold/VMS prospect within the Timmins space of Northern Ontario. Go to our web site at: https://vvcexpl.com.

On behalf of the Board of Administrators

Michel J. Lafrance, Secretary-Treasurer

Neither TSX Enterprise Trade nor its Regulation Companies Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this launch.

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