Latest Vvc Exploration Cp (VVCVF) Headlines VVC E
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VVC Exploration Announces Appointment of Frontier as Investor Relations Firm and Closing of $857,475 Private Placement
Marketwire Canada - Wed Mar 05, 7:00AM CST
VVC Exploration Corporation ("VVC" or the "Company") (TSX VENTURE:VVC) announces the following developments:
VVC Exploration Announces Signing of a $4 Million Loan Facility Term Sheet
Marketwire - Wed Jan 29, 2:28PM CST
VVC Exploration Corporation ("VVC" or the "Company") (TSX VENTURE: VVC) is pleased to announce that as a part of a potential debt financing effort discussed in a December 30, 2013 press release, it has received and signed a Termsheet between Aeris Trading Corp. (a Joint Venture Company between Alexander Capital Equity Group ("ACE") and Alpha Trading LLC.), and Camex Mining Development Group Inc. ("Camex"), a wholly owned subsidiary of VVC Exploration Corporation.
VVC Exploration-Board and Management Changes
Marketwire - Wed Jan 22, 7:03AM CST
VVC Exploration Corporation ("VVC" or the "Company") (TSX VENTURE: VVC) announces having accepted the resignation of Patrick Fernet as Chairman and Officer of the Company effective immediately. Mr. Fernet served the Company as Director since May 2004, as V.P. of Legal Affairs since January 2005, and as Chairman of the Board since July 2007. Mr. Fernet will continue as a Director of the Company and as a consultant. Jim Culver, President and CEO of the Company thanked Patrick on behalf of the BOD, management and shareholders for his past work for the Company and said "We look forward to continuing to work with Patrick in his new role." Mr. Fernet said that he had taken more responsibilities with his other business interests but will continue to be actively involved in VVC.
VVC Exploration: Private Placement Financing and Option Grant
Marketwire - Tue Jan 21, 7:04AM CST
VVC Exploration Corporation ("VVC" or the "Company") (TSX VENTURE: VVC) announces that it expects to close, by the end of the month, a Private Placement Financing of up to $1.5 million representing 30 million units at a price of $0.05 per Unit. Each Unit consists of one common share and one common share purchase warrant (a "Warrant") of the Company. Each Warrant entitles the holder to purchase one additional common share of the Company at $0.12 per share for the first 2 years and at $0.18 for years 3, 4 and 5. The net proceeds will be used to maintenance fees and option payments on the Company's properties in Mexico pay accounts payables, general corporate expenses, operating expenses in Mexico.
VVC Exploration Provides Mexican Projects Update
Marketwire - Tue Dec 31, 7:01AM CST
VVC Exploration Corporation (TSX VENTURE: VVC) ("VVC" or the "Company") is pleased to announce that the December 6, 2013 edition of the Juarez Journal in Juarez, Chihuahua State, MX., reported that the head of the National Commission of Natural Protected Areas ("CONAP"), Luis Fueyo MacDonald, "promised to make adjustments to the Program Management Protected Area to allow Samalayuca Copper Mining Company ("Samalayuca") to start exploration and exploitation of their Kaity claim." The property is located in northern Chihuahua State, MX., approximately 60 km to the south of Juarez. This is one of the last hurdles in our process of obtaining all the necessary permits for the start of production at the Samalayuca copper project.
VVC Exploration Arranging Financing
Marketwire - Mon Dec 16, 3:21PM CST
VVC Exploration Corporation ("VVC" or the "Company") (TSX VENTURE: VVC) announces having arranged a debt financing with Palos Merchant Fund LP. ("Palos") in the amount of $50,000 which bears interest at 15% per year and is secured by a Promissory Note and 5 million shares of the Company held by the Company's subsidiary, Camex Mining Development Group Inc. Palos is a significant shareholder of VVC holding 32,706,922 shares of the Company.
VVC Announces the Issuance of Compensation Shares
Marketwire - Fri Oct 18, 7:00AM CDT
VVC Exploration Corporation ("VVC" or the "Company") (TSX VENTURE: VVC) announces that the Company is issuing 1,925,000 common shares at an issue price of $0.05 per share to Directors, Officers and their support personnel (the "Recipients") as a one-time compensation for current and past services rendered (the "Transaction"). The Board determined that the Recipients have not been properly compensated for such services rendered to the Company, such as participation in board of directors meetings, participation in audit committee and steering committee meetings, review, analysis, opinion, and assistance on geological, accounting, financial and daily matters of the Company. In order to preserve and maintain the liquidity of the Company, the Recipients elected to receive shares in lieu of cash.
Palos Merchant Fund L.P. Files Early Warning Report With Respect to the Acquisition of Common Shares of VVC Exploration Corporation
Marketwire - Thu Oct 17, 4:27PM CDT
This press release is issued pursuant to the early warning requirements of National Instrument 62-103 with respect to the common shares ("Common Shares") of VVC Exploration Corporation (the "Issuer"). Palos Merchant Fund L.P. ("Palos") is pleased to announce that on October 15, 2013 it acquired ownership of 29,786,945 Common Shares (the "Shares"). The Shares were acquired at a price of $0.05 per Share, paid by the transfer of common shares of Camex Mining Development Group Inc.
VVC Announces the Acquisition of All Shares of Camex
Marketwire - Wed Oct 16, 7:03AM CDT
VVC Exploration Corporation ("VVC" or the "Company") (TSX VENTURE: VVC) is pleased to announce that further to its news release of October 3, 2013 and the final approval of the TSX Venture Exchange of October 9, 2013, it has closed its previously announced acquisition of all issued and outstanding shares of Camex Mining Development Group Inc. ("Camex"), in exchange for the issuance of 59,900,000 common shares of the Company to the shareholders of Camex (the "Transaction").
VVC Exploration-Update on Acquisition of Shares of Camex
Marketwire - Thu Sep 05, 9:17AM CDT
VVC Exploration Corporation ("VVC" or the "Company") (TSX VENTURE: VVC) is pleased to announce that, further to its news release of August 2, 2013, announcing shareholder approval in respect of the acquisition by VVC of all issued and outstanding shares of Camex Mining Development Group Inc. (the "Transaction") at the annual general and special meeting of shareholders of the Company held on July 30, 2013, the parties are in the process of gathering signatures on all required closing documents as well as finalizing the definitive documentation to be submitted to the TSX Venture Exchange.