agm group holdings inc

VVC Announces Debt Conversion and Details of Upcoming AGM

VVC Exploration Corporation (" VVC " or the "Company") (TSX-V:VVC) announces the following:

Annual Shareholders Meeting

The Company's 2021 Annual General Meeting of shareholders (the "AGM") will be held virtually on Thursday, August 19, 2021 at 10:00 am, with a Record Date of July 7. Following the mailing of the Proxy Material to shareholders around July 15, shareholders will be able to download the Proxy Material, including the Information Circular Booklet, from www.sedar.com and/or from the Company's website at www.vvcexpl.com/shareholder-meeting . Due the Pandemic, there will be no In-Person voting at the AGM and voting must be by Proxy. The deadline for Proxy Voting will be 10 am on Wednesday, August 17, 2020, but shareholders are encouraged to vote early.   Registration will be required to attend the virtual AGM, either as a shareholder or a guest. Follow the instructions on the website or in the Information Circular.

Following the formal business session, management will present an update on the activities and projects, and will be available to answer questions from shareholders, subject of course to respecting Securities Laws regarding "Selective Disclosure".

Debt Conversion

VVC recently entered into agreements to settle an aggregate of $110,725 of indebtedness by the issuance 1,165,526 common shares ("Share") of the Company at $0.095 per share. One insider, the CEO of the Company, is participating by converting CA$35,725 (US$28,500) owed to him.to receive 376,053 shares. This will allow the Company to conserve its cash on hand which is already committed.

The transaction is subject to acceptance of the TSX Venture Exchange. All shares to be issued pursuant to the offering will be subject to the applicable statutory, exchange and regulatory hold period of four months and any other required resale restrictions. The shares to be issued have not and will not be registered under the US Securities Act of 1933, as amended, or any state securities laws.

About VVC Exploration Corporation

VVC is a Canadian exploration and mining company focused on the exploration and development of copper and gold deposits in Northern Mexico, specifically the Kaity Copper Project located in in Chihuahua State. VVC has other projects in Mexico and Canada, including gold and silver prospects, Cumeral and La Tuna, in Sonora and Sinaloa States, Mexico and a grassroots gold/VMS prospect in the Timmins area of Northern Ontario. Visit our website at: https://vvcexpl.com .

On behalf of the Board of Directors

Michel J. Lafrance, Secretary-Treasurer

For further information, please contact:
Patrick Fernet - (514) 631-2727
E-mail: pfernet@vvcexploration.com
or Trevor Burbank - (214) 641-1041
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.


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

VVC Resources

VVC Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
VVC Resources (TSXV:VVC)

VVC Resources

Keep reading...Show less

Engaging in the exploration, development, and management of natural resources

Textured copper ribbons weave over a black background.

​Copper​ Market Hit by Major Supply Squeeze as LME Inventories Drop

One of the sharpest copper supply crunches in recent memory is rattling global commodities markets, as inventories at the London Metal Exchange (LME) plummet and the spot price soars.

Bloomberg reported that as of Monday (June 23), copper for immediate delivery was trading at a premium of US$345 per metric ton over three month futures, the widest spread since a record squeeze in 2021.

That dramatic price divergence reflects the market’s acute concerns over access to physical copper, with readily available inventories on the LME falling by around 80 percent this year alone.

Keep reading...Show less
Many copper bobbins and warehouse copper pipes.

Top 10 Copper-producing Companies

Copper miners with productive assets have much to gain as supply and demand tighten.

In May 2024, the copper price hit a new all-time high of US$10,954 per metric ton (MT) on the London Metal Exchange and US$5.20 per pound on the COMEX on the back of increasing demand and growing supply concerns.

Copper is one of the most important resources for the energy transition. However, in recent years, demand for the red metal has outpaced mining supply. While construction and electrical grids have long been major markets for copper, today the rise in demand for electric vehicles, EV charging infrastructure and energy storage applications are emerging drivers of copper consumption.

Another trend driving future copper demand is the rapid urbanization in the Global South, as rural populations migrate to cities, putting pressure on electricity grids.

Keep reading...Show less
White Cliff Minerals

John Hancock to join White Cliff Minerals Board

Astrotricha Capital SEZC appointed Advisors

White Cliff Minerals Limited (“WCN” or the “Company”) (ASX: WCN; OTCQB: WCMLF) is pleased to announce that John Hancock will join the Board of White Cliff Minerals effective 1 August 2025.

Keep reading...Show less
Gavel on books with "5 Top Canadian Mining Stocks This Week" text overlay.

Top 5 Canadian Mining Stocks This Week: Royalties Jumps 183 Percent on Legal Win

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.

Friday (June 20) was the last day for the spring session of Canada’s parliament before its summer break.

On the agenda for the day was a vote on bill C-5, “The One Canadian Economy Act,” which was introduced on June 5.

Keep reading...Show less
Cyprium Metals

Nifty Copper Project Virtual Site Visit

Cyprium Metals Limited (ASX: CYM, OTC: CYPMF) (Cyprium or the Company) invites shareholders to join an investor webinar and live Q&A hosted by Executive Chairman Matt Fifield on Tuesday 24th June 2025. Investors will be guided on a virtual site visit of the Nifty Copper Complex showcasing the sulphide and heap leach resources and extensive brownfield infrastructure.

Keep reading...Show less
Mining Execs Call for Clarity as Canada Eyes Faster Permitting Timelines for Critical Minerals Projects

Mining Execs Call for Clarity as Canada Eyes Faster Permitting Timelines for Critical Minerals Projects

Faster permitting timelines for critical minerals projects could be a welcome game changer for junior mining and resource development companies, but clarity will be key to any meaningful reforms.

This was the sentiment among executives from junior mining companies in a recent panel discussion on Bill C-5, the Canadian government’s new major projects bill that will essentially fast track permitting for “national-interest” projects, including those essential to the country's critical minerals strategy.

The bill proposes the establishment of a Major Projects Office meant to be the single permitting agency for qualified projects that will cut permitting timelines from the typical five years down to two years.

Keep reading...Show less
VVC Resources

VVC Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×