Base Metals

VVC Exploration Corporation (" VVC " or the " Company ") announces that it has made an application for the trading of its common shares on the OTCQB Venture Market ("OTCQB") in the United States ("U.S."). The application is moving towards the final stages of the process, and we will continue to keep Shareholders informed on the progress in a timely basis.

The Company's common shares are listed on the TSX Venture Exchange under the symbol "VVC" and is current trading in the U.S. on the Pink Sheets under the symbol "VVCVF", having been upgraded from the Grey Market.

Management believes that a further upgrade to the OTCQB Market would represent a significant step towards our larger business goals and would provide additional liquidity to the VVC shares allowing U.S. investors easier trading options.

The OTCQB is a leading market for early-stage and developing U.S. and international operated by the OTC Markets Group Inc. For our application to be successful, VVC must be current in its reporting obligations, undergo a verification and management certification process, meet a minimum bid price test and other financial conditions. The OTCQB market is recognized by the U.S. Securities and Exchange Commission as an established public market, and will provide investors who cannot access trading on the TSX Venture Exchange with alternative access to VVC's Shares through regulated U.S. broker-dealers.

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 Plateau Helium Corporation ("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, 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: http://vvcexpl.com

On Behalf of the board of Directors

Michel J. Lafrance, Secretary-Treasurer

For further information, please contact:

Patrick Fernet - (514) 631-2727 or Trevor Burbank - (214) 641-1041
pfernet@vvcexploration.com 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.

2369 Kingston Road, PO Box 28059 Terry Town, Scarborough, ON M1N 4E7 Tel: 416-619-5304


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VVC:CA
VVC Exploration Corporation

VVC Exploration Corporation

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TSXV:VVC

VVC Exploration - Extension of various Warrants

VVC Exploration CORPORATION [TSXV: VVC] (the "Company") announces the extension of the expiry date of the following warrants:

Series No. of Warrants Exercise Price Expiry Date Amended Expiry Date
AA 16,527,545 $0.06 30-Nov 2020 30-Nov 2022
AB 750,000 $0.11 20-Dec 2020 20-Dec 2022
AC 8,698,850 $0.06 18-Jan 2021 18-Jan 2023
TOTAL 25,976,395

These warrants were attached to private placements and debt financings approved by the TSXV in November 2017, December 2017 and January 2018. The warrants are not currently in-the-money, and no warrants were exercised. An aggregate of 7.73% of these warrants are held by insiders of the Company. The warrant extension is conditional on obtaining TSXV approval.

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Private Placement Financing
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Cannot view this image? Visit: https://orders.newsfilecorp.com/files/7294/124539_final%20logo%20051622_550.jpg

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