agm stock

VVC Exploration - Results of Annual Shareholders' Meeting and Option Grant

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

Shareholders' Meeting

The Company's virtual Annual General Meeting of Shareholders ("AGM") took place virtually earlier today. At the AGM, shareholders unanimously approved the election of all Directors proposed by Management and the re-appointment of MNP LLP as auditors of the Company.

The formal business session of the AGM, was chaired by the Chairman of the Board, Terrence Martell. A Presentation and Q&A Session followed, whereby the President and CEO of the Company, Jim Culver, updated the attendees on the status of the Company.

The Formal Business session and the Presentation session of the AGM were recorded and will be posted on the Company website, as soon as possible.

In Board Meeting following the AGM, the Directors reappointed the following executive officers for VVC and the Chairman of the Board of Directors:

  • Jim Culver, President and CEO
  • Terrence Martell, Chairman of the Board
  • Kevin Barnes, Chief Financial Officer
  • Michel Lafrance, Secretary-Treasurer

VVC Chairman, Terrence Martell, commented, "On behalf of Management and the Directors, I wish to thank our shareholders for their loyal support throughout the past year, and we look forward to serving you for another year."

Option Grant

The Directors also granted incentive stock options under its stock option plan, to officers, directors and consultants of the Company, to purchase up to an aggregate of 14,750,000 common shares, representing 2.96%% of the outstanding shares of the Company. The stock options are exercisable at a price of CA$0.14 per share expiring August 19, 2031. Pursuant to the TSX Venture Exchange policies, the exercise price was fixed at the minimum allowable price. The options, granted in accordance with the provisions of the Company's stock option plan, are subject to the TSX Venture Exchange policies and the applicable securities laws. Of the Options granted, 55.9% were to directors, 23.7% to Officers and 20.3% to Employees/Consultants of the Company.

About VVC Exploration Corporation

VVC is a publicly traded Canadian-based mining exploration and development company listed on the TSX Venture Exchange (TSX-V:VVC). With the addition of PHC, VVC is also a Helium Producing company. VVC's portfolio includes the Gloria Copper Project in Northern Mexico, precious metals properties also in Mexico and the Helium Projects owned by its wholly owned subsidiary, Plateau Helium Corporation ("PHC"). VVC is currently focused on the Helium Projects owned by PHC and will resume the development of Gloria Copper Project, as soon as Covid-19 restrictions are removed in Mexico. To learn more, 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

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

Engaging in the exploration, development, and management of natural resources Keep Reading...
Rows of fine copper bars with text that reads '5 Top Canadian Mining Stocks This Week.'

Top 5 Canadian Mining Stocks This Week: Vangaurd Mining Gains 141 Percent

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.Statistics Canada released November’s gross domestic product (GDP) data on Friday (January... Keep Reading...
Quarterly Activities and Cashflow Report

Quarterly Activities and Cashflow Report

Redstone Resources (RDS:AU) has announced Quarterly Activities and Cashflow ReportDownload the PDF here. Keep Reading...
Map of Southeast Asia, including India, China, Indonesia, and neighboring countries.

Freeport-McMoRan Plans 2026 Grasberg Restart After Deadly Mud Rush

Freeport-McMoRan (NYSE:FCX) is preparing to bring one of the world’s most important copper assets back online, laying out plans for a phased restart of the Grasberg mine in Indonesia following a deadly mud rush that halted operations late last year.The Arizona-based miner said remediation and... Keep Reading...
Red Metal Resources (CSE:RMES)

Red Metal Resources Closes First Tranche of Financing

RED METAL RESOURCES LTD. (CSE: RMES) (OTC Pink: RMESF) (FSE: I660) ("Red Metal" or the "Company") announces that it has closed the first tranche of its previously announced non-brokered private placement financing (the "Offering") (see news releases dated January 7, 2026, and January 19, 2026)... Keep Reading...
Questcorp Mining (CSE:QQQ)

Questcorp Mining and Riverside Resources Chip Channel Sample 30 Meters @ 20 g/t Gold and 226 g/t Silver at the Mexican Union Project

Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) (the "Company" or "Questcorp") along with its partner Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY0) ("Riverside"), is pleased to report a high grade interval of 20.2 g/t gold and 226 g/t silver with 2.7% zinc over a 30... Keep Reading...
VVC Resources

VVC Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Interactive Chart

Latest Press Releases

Related News