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VVC Announces Closing of a US$75,000 Debenture Placement
Published : May 28, 2015
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Mots clés associés :   Canada | Copper | G Mexico |

TORONTO, ONTARIO--(Marketwired - May 28, 2015) - VVC Exploration Corporation ("VVC" or the "Company") (News - Market indicators) is pleased to announce the closing, subject to the approval of the TSX Venture Exchange, of a US$75,000 convertible debenture financing (the "Debenture).

The Debenture bears interest at 2% per month for a term of 6 months, renewable for up to two (2) additional six-month periods, to a maximum of 18 months. The Debenture is convertible into units at CA$0.05 per share, at any time after 4 months. Each unit comprises 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 $0.08 per share and will expire in 5 years.

The net proceeds will be used to cover maintenance fees and option payments on the Company's properties in Mexico, and settle other obligations.

About VVC Exploration Corporation

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 Cobre, 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.

Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

VVC Exploration Corp.

EXPLORATEUR
CODE : VVC.V
ISIN : CA9184061096
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VVC Exploration est une société d’exploration minière d'argent et d'or basée au Canada.

VVC Exploration détient divers projets d'exploration au Canada et au Mexique.

Ses principaux projets en exploration sont CUMERAL au Mexique et UNGAVA, BEAVER BROOK et BRETT CLAIMS au Canada.

VVC Exploration est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 7,3 millions CA$ (5,8 millions US$, 5,1 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2004 à 1,45 CA$, et son plus bas niveau récent le 22 avril 2016 à 0,01 CA$.

VVC Exploration possède 181 786 131 actions en circulation.

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Rapports annuels de VVC Exploration Corp.
2007 Annual Report
Annual Report 2006
Annual Report 2005
Financements de VVC Exploration Corp.
07/02/2013Closes $958,500 Financing
24/01/2013Closes Subscriptions on $958,500 Financing
11/01/2013Extends Private Placement Closing
21/09/2012Completes Financing
13/04/2011Closes a Brokered Private Placement
Projets de VVC Exploration Corp.
14/05/2013(Cumeral)Starts Drilling on Cumeral Gold Prospect in Mexico
Communiqués de Presse de VVC Exploration Corp.
07/06/2016VVC Announces Convertible Debenture Financing, Samalayuca Co...
11/09/2015VVC Exploration Obtains Option to Increase Its Ownership in ...
12/03/2015VVC Exploration Provides Projects Update
12/03/2015Provides Projects Update
12/03/2015VVC Exploration Provides Projects Update
22/01/2015VVC Exploration - Extension of Series U Warrants
24/10/2014VVC Exploration Announces Closing of $411,365 Private Placem...
24/10/2014VVC Exploration Announces Closing of $411,365 Private Placem...
24/09/2014VVC Extending Closing Date of $1.5 Million Private Placement...
02/09/2014VVC Signs $4 Million Loan Agreement and Announces Proposed T...
11/08/2014VVC Receives Documentation for $2 Million Loan and Announces...
07/08/2014VVC Exploration: Results of Annual Meeting & Warrant Extensi...
30/06/2014VVC Mailing Proxy Material
04/04/2014Camex Mining Development Sells 800,000 Shares of VVC Explora...
18/10/2013Announces the Issuance of Compensation Shares
16/10/2013Announces the Acquisition of All Shares of Camex
03/10/2013Signs Share Purchase Agreement
05/09/2013-Update on Acquisition of Shares of Camex
02/08/2013-Results of Annual General and Special Meeting
30/07/2013Reports on Mexican Gold/Silver/Copper Property Exploration
03/07/2013Mailing Proxy Material
04/06/2013Update on Shareholders' Meeting and Acquisition of Shares of...
01/05/2013to Resume Trading
12/04/2013Signs Letter of Intent for Acquisition of Camex Mining Devel...
09/10/2012Announces Strategic Review Process
14/09/2012-Board of Director Changes
09/05/2011-Management & Board of Director Changes
25/03/2011Announces A Brokered Private Placement
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TSX-V (VVC.V)BERLIN (V7S.BE)
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