VVC Exploration - Extension of Series U Warrants
TORONTO, ONTARIO--(Marketwired - Jan 22, 2015) - VVC Exploration Corp. (TSX VENTURE:VVC) (the "Company") announces the extension of the expiry date of 19,170,000 Series U warrants to purchase 19,170,000 shares of the Company @ $0.18 per share, as permitted under the new TSX Venture Exchange ("TSXV") Policy. The warrants, which were expiring on January 25, 2015, will now expire on January 25, 2018, and remain exercisable at $0.18 per share. These warrants were attached to a private placement of $ $958,500 approved by the TSXV on January 29, 2012. The warrants are not currently in-the-money, and no warrants have been exercised. None of these warrants are held by insiders of the Company. The warrant extension is conditional on obtaining TSXV approval.
About VVC:
VVC is a Canadian exploration and mining company with projects in Mexico and Canada, which includes a near production copper prospect in Chihuahua State, and gold and silver prospects in Sonora and Sinaloa States, Mexico. The Company also has a grassroots gold/VMS prospect in the Timmins area of northern Ontario. VVC is aggressively seeking to convert its near production copper project, Samalayuca, to pilot scale production, then full production.
On Behalf of the board of Directors
Michel J. Lafrance, Secretary-Treasurer
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.