Reported Earnings • Dec 21
Third quarter 2026 earnings released Third quarter 2026 results: Net loss: CA$526.8k (loss narrowed 59% from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Anuncio • Dec 08
VVC Exploration Corporation, Annual General Meeting, Feb 19, 2026 VVC Exploration Corporation, Annual General Meeting, Feb 19, 2026. Anuncio • Nov 19
VVC Exploration Corporation Announces Strategic Exit of Gloria Copper Project in Mexico VVC Exploration Corporation, dba VVC Resources announced that, after a project review, it is strategically restructured its mining projects in Mexico. This project review encompassed multiple considerations, including ongoing maintenance costs, permitting authorizations, political climate, safety, upside potential and financeability of each project and probability of achieving the projects potential. After this review, the Company has decided to: Exit the Gloria Copper Project located near Samalayuca, State of Chihuahua, Mexico. This long-standing project of the Company is expensive to maintain and is in an area that has become more politically volatile with uncertain safety. The geological potential of the project is not in question, but the ability to achieve that potential is unclear. Focus all mining exploration activity on the Cumeral Gold Project. Cumeral is the Company's highly prospective gold project in north central Sonora Mexico. This project, while not as advanced as the Gloria Copper Project, has a huge upside potential. It is in an area where there is strong local support for the project and a higher likelihood of permitting and implementation success. The Cumeral Gold Project is a 1,665-hectare property in northern Sonora near Imuris which exhibits quartz-vein-hosted gold in aachment-fault/orogenic setting with a documented NNW-SSE mineralized trend of 4 km. Historical work reported that 36% of 407 grab/chip samples assayed 0.1-10 g/t Au; soil surveys outlined additional anomalies (47 samples >0.020 ppm Au); and air-track drilling intersected broad, near-surface intervals of 0.21-0.44 g/t Au over 6-26 m in key target areas. The Company will continue activities on the Cumeral Gold Project". Rationale and Next Steps: The Company's decision reflects consideration of cost discipline, safety and risk management. The exit from the Gloria Copper Project will reduce future cash outlays for care, maintenance, and permitting at amid uncertainty over permit viability and broader political conditions in Chihuahua State. Capital and management resources will be reallocated to the Cumeral Gold Project exploration, and to development of the Company's helium/natural gas project in the Central Kansas Uplift (CKU) Project where existing infrastructure and near-term activities offer a clearer path to execution. Reported Earnings • Sep 26
Second quarter 2026 earnings released Second quarter 2026 results: Net loss: CA$692.5k (loss narrowed 68% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. Anuncio • Sep 17
Steven Looper Resigns as a Director of VVC Exploration Corporation VVC Exploration Corporation announced that Mr. Steven Looper has resigned as a director of the Company for personal reasons and his resignation was accepted by the Board with regret. VC would like to thank Mr. Looper, who served the Company as director since September 2023. No replacement director has yet been appointed. The vacancy will most likely be filled in the months to come or at the next shareholders’ meeting before the end of the year. Board Change • Jul 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Director Steve Looper was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Anuncio • Mar 18
VVC Exploration Corporation Appoints Bill Kerrigan as President and Chief Operating Officer The Directors of VVC Exploration Corporation, dba VVC Resources appointed Mr. Bill Kerrigan as President and Chief Operating Officer of VVC. Mr. Kerrigan will continue to be President of Plateau Helium Corporation. Mr. James A. Culver will remain as CEO of VVC. New Risk • Jan 08
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$14.3m (US$9.97m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$5.4m free cash flow). Revenue is less than US$1m (CA$115k revenue, or US$80k). Market cap is less than US$10m (CA$14.3m market cap, or US$9.97m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). Anuncio • Sep 26
VVC Exploration Corporation, Annual General Meeting, Dec 04, 2024 VVC Exploration Corporation, Annual General Meeting, Dec 04, 2024. New Risk • Sep 19
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$120k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.2m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 5.3% per year over the past 5 years. Revenue is less than US$1m (CA$32k revenue, or US$24k). Minor Risks Significant insider selling over the past 3 months (CA$120k sold). Market cap is less than US$100m (CA$17.2m market cap, or US$12.7m). Reported Earnings • Jun 30
First quarter 2025 earnings released First quarter 2025 results: Net loss: CA$942.2k (loss widened 116% from 1Q 2024). Anuncio • Jun 08
VVC Exploration Corporation Announces the Completion of Levens 4-31 Well in the Syracuse Project as Well as the Commencement of Drilling Activities At the Josephine Mack 1-18 Well VVC Exploration Corporation announced the completion of Levens 4-31 well in the Syracuse Project as well as the commencement of drilling activities at the Josephine Mack 1-18 well, marking the initiation of the Company's first test well within the Stockholm Project located in Wallace County, Kansas. Progress In Syracuse Project With Completion of Levens 4-31: The Company has finished the completion work of Levens 4-31, bringing the total number of producing wells in the Syracuse Project to five. The Company is committed to completing three more wells in Syracuse. Spudding of Josephine Mack 1-18 Well: On May 31st, drilling crews broke ground with the spudding of Josephine Mack 1-18. Spudding is the process of beginning to drill a well in the oil and gas industry, marking the start of the actual drilling operation. This well represents the first exploratory effort under the Stockholm Project's scope, targeting the Morrow Zone at a proposed depth of 5,300 feet. This initiative underscores VVC's strategic entry into this geologically promising region. The Company has positioned the Josephine Mack 1-18 to thoroughly evaluate the hydrocarbon potential of the Morrow Zone. Exploration Strategy and Economic Significance: The Company's Stockholm Project is in the Morrow Zone, known for its stratigraphy and potential as a hydrocarbon reservoir. The data from the Josephine Mack 1-18 well will help determine the feasibility of further development in this area. This project is located an hour north of the Syracuse Project, which will allow the Company to utilize existing relationships with favorable vendors and operators. Reported Earnings • Jun 04
Full year 2024 earnings released Full year 2024 results: Net loss: CA$1.95m (loss narrowed 65% from FY 2023). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Board Change • May 14
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Bruno Dumais was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Apr 17
VVC Exploration Corporation Announces the Rework of Pre-Existing Oil Well in Southwest Kansas as Test for Oil Production in the Region VVC Exploration Corporation announced the rework of a pre-existing oil well in southwest Kansas as a test for oil production in the region. Building on its experience in natural resource management, especially recent work in Kansas, VVC has leveraged its subsurface mineral rights to examine the feasibility of oil production in an area where the Company is already involved in helium and natural gas production. Through geological due diligence, VVC has confirmed the potential for oil production within the area. This confirmation aligns with historic data indicating over 12 million barrels of oil production directly north of Ardery well site. The Ardery test is distinguished by its multi-zone production potential, comprising the Morrow Sandstone and the underlying St. Louis Limestone "B" & "C" zones. This project, if successful will enhance the economic outlook of VVC’s Kansas projects. VVC remains dedicated to environmentally responsible practices. The Company’s operations are conducted with the utmost regard to ensuring sustainability, minimal environmental impact and adherence to the industry standards and best practices. New Risk • Mar 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 20% per year over the past 5 years. Revenue is less than US$1m (CA$2.4k revenue, or US$1.7k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$22.9m market cap, or US$16.9m). Reported Earnings • Dec 23
Third quarter 2024 earnings released Third quarter 2024 results: Net loss: CA$1.30m (loss widened 60% from 3Q 2023). Anuncio • Dec 12
VVC Exploration Corporation Provides Further Update on the Helium Project in Syracuse VVC Exploration Corporation, dba VVC Resources, ("VVC") or (the "Company"), announced the following significant developments on its ongoing Syracuse Project: Completed Durler 2-21 Well Now Being Optimized: VVC previously announced, on November 16, 2023, the successful completion of the Durler 2-21 well and the beginning of testing of the well. This well is a pivotal component of the Syracuse Project aimed at helium and natural gas extraction. The Company now has two wells producing and selling helium and natural gas on the Syracuse Project: the Levens 2-31 in the northwest portion of the project and the Durler 2-21 in the Southeast portion of the project. The location of these sites will provide significant guidance in further development of the Project. The VVC Team is now optimizing production from the Durler 2-21, which has shown stronger than expected initial results, to ensure maximum efficiency and maximum overall productivity. This testing and adjustment phase will likely take place over 8 to 10 weeks during which time the Team will gain a much better understanding not only of this well, but also of the overall project. Completion Phase Underway on Hodgson 1-17 and C Double D 1-16 Wells: On December 11, 2023, VVC began the completion phase of two additional critical Syracuse wells, Hodgson 1-17 andC Double D 1-16. Both wells are expected to be completed within 2 weeks. These two wells lie approximately midway between the Durler 2-21 and the Levens 2- 31 wells in the Syracuse Project. The completion of these two wells will provide more visibility and insight on the production capacity of the Syracuse Project, as wells on the outer ends and in the center of the project will have been completed. Levens 4-31, T Spiker 1-17, and Weaver 1-15 wells for the completion process. The successful perforation of these wells will mark another achievement in the Project's development phase. The completion process for these wells is expected to begin before the end of the year. Anuncio • Nov 22
VVC Exploration Corporation Provides Update on Perforation of 2 Wells in Syracuse VVC Exploration Corporation announced significant progress in its Syracuse Project, aimed at helium and natural gas extraction. The Company has successfully completed the perforation of two critical wells: Hodgson 1-17 and T-Spiker 1-7. On November 16, 2023, VVC made a pivotal announcement regarding the Syracuse Project's progress in helium and natural gas extraction. The Company proudly disclosed the successful connection of two wells, Durler 2-21 and Levens 2-31 to the Tumbleweed Pipeline, marking a significant stride in the Company’s strategic initiative. In conjunction with this achievement, VVC reiterated its commitment to completing six additional wells, including the previously mentioned Hodgson 1-17 and T-Spiker 1-7. The Syracuse Project represents VVC's commitment to innovative and sustainable resource extraction in helium and natural gas. Anuncio • Nov 18
VVC Exploration Corporation Connects Two Wells and Commences Sale of Helium and Natural Gas VVC Exploration Corporation announced the successful connection of two wells in Syracuse, Kansas and the commencement of the sale of helium and natural gas. Durler 2- 21 a newly completed well and Levens 2-31 an existing well are now connected to the Internal Pipeline and linked to Tumbleweed Midstream's Ladder Creek Pipeline, facilitating the transportation of helium and natural gas to the Ladder Creek Helium Processing Plant located in Cheyenne Wells, Colorado. As announced on May 09, 2022, VVC installed 7 miles of its internal gathering system pipeline and completed it by extending the project's total length to 14 miles. With the Durler 2-21 and Levens 2-31 wells been successfully linked to this Syracuse Gas Gathering System and currently in production, the Company initiated the sale of the extracted helium and natural gas. It is also noteworthy that part of the infrastructure installed by the Company in 2022 was a 14-mile Saltwater Gathering System. Both wells are connected to this system which returns any waste water to a permitted saltwater disposal well. Situated in Hamilton County, Kansas, these wells represent key assets within the Company's extensive Syracuse Project. Over the next several weeks, VVC's technical team will conduct a comprehensive evaluation of these wells and further analysis to determine crucial metrics, such as average flow rates, and helium and natural gas percentages. The Company anticipates releasing this valuable data in the coming months. Additionally, VVC announces that the previously drilled wells Levens 4-31, Weaver 1-15, and C-Double 1-16, in the Syracuse Project have been perforated and are ready for completion, and that the Hodgson1- 17, T Spiker 1-7 and Simon 1-18, wells are ready for perforation and completion. The Company anticipates completing these six wells by year-end, further bolstering its production. Finally, permits are currently in progress for the first test well in the Stockholm project, the second leg of VVC's strategic approach to expanding its portfolio of helium and natural gas. The Stockholm project is the first of a series of projects that are expected to have significantly higher flow volume and helium percentages than the Syracuse project. Results from this well will provide guidance for the next stage of VVC's helium and natural gas expansion. Board Change • Oct 10
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Bruno Dumais was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Oct 05
VVC Exploration Corporation Appoints Steve Looper to Its Board of Directors VVC Exploration Corporation announced the addition of Mr. Steve Looper to its board of directors. Mr. Looper brings a wealth of experience and expertise to the company's leadership team, with an impressive track record in the oil and gas industry and a commitment to sustainable and innovative energy solutions. Steve Looper has a distinguished career in the oil and gas sector, spanning over four decades. He began his journey as an independent oil and gas producer in 1982 and has since demonstrated his capabilities in drilling and operating wells across various states, including Colorado, Kentucky, Louisiana, New Mexico, Oklahoma, Texas, and Wyoming. His extensive project management experience has taken him to international arenas, where he successfully led initiatives in Botswana, Canada, South Africa, and Zimbabwe. Since 1993, Mr. Looper has been deeply involved in the development of large resource plays in West Texas. His most recent focus has been on the Barnett Shale trend, where he achieved remarkable success for his capital providers, delivering rates of return exceeding 100%. Mr. Looper's strategic acumen and dedication to value creation make him an invaluable addition to the VVC Board of Directors. Currently serving as CEO at Proton Green, Mr. Looper continues to drive innovation and sustainability in the energy industry. His leadership at Proton Green exemplifies his commitment to fostering environmentally responsible energy solutions. Reported Earnings • Sep 28
Second quarter 2024 earnings released Second quarter 2024 results: Net loss: CA$489.0k (loss narrowed 60% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Sep 02
VVC Exploration Corporation, Annual General Meeting, Nov 16, 2023 VVC Exploration Corporation, Annual General Meeting, Nov 16, 2023, at 14:00 US Eastern Standard Time. Anuncio • Aug 05
An unknown buyer acquired 2.01% stake in Proton Green, Inc. from VVC Exploration Corporation (TSXV:VVC) for $5 million. An unknown buyer acquired 2.01% stake in Proton Green, Inc. from VVC Exploration Corporation (TSXV:VVC) for $5 million on August 4, 2023. Prior to this sale, the ownership of VVC was 14.09%. VVC sold approximately one-seventh of its ownership in Proton Green and remains a significant investor in Proton Green, holding over 12%. The proceeds from the private transaction enhance VVC’s overall financial position. Management intends to accelerate its U.S. helium and natural gas programs, as well as to continue development of its copper property in Mexico.
An unknown buyer completed the acquisition of 2.01% stake in Proton Green, Inc. from VVC Exploration Corporation (TSXV:VVC) on August 4, 2023. Reported Earnings • Jun 29
First quarter 2024 earnings released First quarter 2024 results: Net loss: CA$435.9k (loss narrowed 79% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings. Board Change • Nov 17
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Director Leon Shivamber was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Anuncio • Jun 30
VVC Exploration Corporation Confirms Helium Shows Of Up To 1.14% From Its Second Well In Syracuse Project VVC Exploration Corporation received the gas analysis from the Durler 2-21 well ("the Durler") (see news release of May 25, 2022 [1]), located in the Company's Syracuse Helium Project. Multiple gas samples from the well were sent to the lab for analysis, which confirmed the presence of 1.14% helium in a gas-stream that can be easily refined into high-grade sales quality helium. The Durler was already connected to VVC's helium & natural gas gathering system pipeline and to the Tumbleweed Pipeline and Processing Plant. Syracuse Project Highlights: 2 newly drilled and connected wells, Levens #2 and Durler 2-21; 6 drilled wells waiting for completion and connection to Internal Pipeline; 7 additional well sites currently permitted and prepped for drilling; 15 identified well sites currently being permitted; 50 additional potential well sites; New leases continue to be added on an opportunistic basis. Anuncio • Jun 21
VVC Exploration Corporation, Annual General Meeting, Aug 31, 2022 VVC Exploration Corporation, Annual General Meeting, Aug 31, 2022. Anuncio • Jun 02
VVC Welcomes Leon Vijay Shivamber, Corporate Transformation Specialist, to Board of Directors VVC Exploration Corporation announced that Leon Shivamber has joined the Board of Directors. Anuncio • May 26
VVC Exploration Corporation Connects New Well and Completes Helium & Natural Gas Pipeline, Doubling Production Capacity VVC Exploration Corporation has completed its helium & natural gas gathering system pipeline ("Internal Pipeline"), adding 7 miles to the now 14-mile-long project, while increasing capacity from 50 to 100 wells. VVC also confirms that it has connected another helium and natural gas well ("Wells"), the Durler 2-21 well to the Internal Pipeline. Located in Hamilton County, Kansas, the Durler 2-21 is part of the Company’s 16,400-acre Syracuse Project. Syracuse Project Highlights: 2 newly drilled and connected Wells, Levens #2(NR 31Mar2022) and Durler 2-21; 6 drilled Wells waiting for completion and connection to Internal Pipeline; 7 additional Well sites currently permitted and prepped for drilling; 15 identified Well sites currently being permitted; 50 additional potential Well sites; New leases continuing to be added on an opportunistic basis. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. Independent Director Emily King was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Anuncio • Apr 01
VVC Exploration Corporation Connects First Helium Well VVC Exploration Corporation announce that it has successfully completed and connected its first helium well in the Syracuse Project, known as the Levens #2, to Tumbleweed Midstream’s Ladder Creek Pipeline (the "Pipeline"). The Pipeline transports gas to the Ladder Creek Helium Processing Plant in Cheyenne Wells, Colorado. Located in Hamilton County, Kansas, the Levens #2 is part of the Company’s 16,400-acre Syracuse Project. The Levens #2 was successfully drilled to a depth of 2,478 feet and encountered multiple gas zones. Following a period of clean-up and additional analysis over 30-45 days, technical team will report on the average flow rates, helium percentages and economic viability of this well. This data is expected to be announced when it becomes available in early to mid-May. The Syracuse Project is one of the Company’s four helium projects, aggregating to approximately 41,000 acres leased, with leasing continuing. Recent Insider Transactions Derivative • Nov 26
Independent Chairman of the Board exercised options to buy CA$273k worth of stock. On the 18th of November, Terrence Martell exercised options to buy 2m shares at a strike price of around CA$0.054, costing a total of CA$98k. This transaction amounted to 21% of their direct individual holding at the time of the trade. Since September 2021, Terrence has owned 8.58m shares directly. Company insiders have collectively bought CA$202k more than they sold, via options and on-market transactions, in the last 12 months. Anuncio • Aug 20
Vvc Exploration Corporation Announces VVC Drilling Wells on Plateau Helium's Syracuse Property VVC Exploration Corporation announced the following updates from Plateau Helium Corporation (PHC), VVC's wholly owned helium exploration and production company: Drilling on the first new Syracuse well, Durler 2-21, began on August 2nd with drilling completed on August 12th. The well was drilled to a depth of 5,500 ft and encountered 2 gas zones that showed helium. The well completion, perforation, well-head installation, and attachment to the pipeline for commencement of production will occur in approximately 2 weeks. Drilling of a second Syracuse well, Levens 2, began on August 14th and is expected to be completed on August 22nd. The well completion, perforation, well-head installation, and attachment to the pipeline will begin shortly after. Drilling of a third Syracuse well is scheduled to begin on August 24th. All potentially productive gas zones encountered during the drilling of these wells will be evaluated. If a firm pattern is established one or more additional rigs may be added. Recent Insider Transactions Derivative • Jan 21
Independent Director exercised options to buy CA$214k worth of stock. On the 15th of January, Scott Hill exercised options to buy 1.64m shares at a strike price of around CA$0.063, costing a total of CA$103k. This transaction amounted to 33% of their direct individual holding at the time of the trade. Since September 2020, Scott has owned 5.02m shares directly. Company insiders have collectively bought CA$104k more than they sold, via options and on-market transactions, in the last 12 months. Anuncio • Dec 25
VVC Exploration Corporation (TSXV:VVC) completed the acquisition of 24.99812% stake in Samalayuca Cobre S.A.De C.V. from Micose S.A. de C.V. VVC Exploration Corporation (TSXV:VVC) agreed to acquire 24.99812% stake in Samalayuca Cobre S.A.De C.V. from Micose S.A. de C.V. for $0.29 million on September 28, 2020. The Consideration will be satisfied with cash payments of $0.2 million and issuance of 3 million VVC Shares. The Shares will be issued and a first payment of $0.1 million made on Closing, with the remaining cash payments to be made over a period 120 days following receipt the Explosive Permit in Mexico. VVC Exploration will acquire 0.033 million shares of Samalayuca Cobre as part of the agreement. VVC Exploration also entered into two agreements to acquire 37,500 shares of Samalayuca Cobre S.A.De C.V. and 17,500 shares of Samalayuca Cobre S.A.De C.V. respectively. VVC Exploration through all these agreements and through its subsidiary Camex Mining Development Group Inc. will hold 100% of Samalayuca Cobre S.A.De C.V. The due diligence has been completed. The transaction is subject to TSXV approval. The transaction is expected to close in early November, 2020, but no later than December 31, 2020.
VVC Exploration Corporation (TSXV:VVC) completed the acquisition of 24.99812% stake in Samalayuca Cobre S.A.De C.V. from Micose S.A. de C.V. on December 24, 2020. Cash payments aggregating $0.75 million will be paid on the occurrence certain pre-determined milestones. Anuncio • Dec 23
VVC Exploration Corporation (TSXV:VVC) completed the acquisition of 10% stake in Plateau Helium Corporation. VVC Exploration Corporation (TSXV:VVC) signed a share purchase agreement to acquire 10% stake in Plateau Helium Corporation for $0.1 million on November 9, 2020. The SPA gives VVC the right to buy the remaining 90% interest in Plateau Helium Corporation (the “Majority Interest”) from the shareholders of Plateau Helium Corporation for 21 million shares of VVC, subject to a voluntary escrow and a number of conditions. Following the closing of the purchase of the minority interest, VVC will have 45 business days to complete its due diligence and elect to acquire the majority interest. The transaction is subject to TSX Venture Exchange approval and will close as soon as approval has been obtained. As of December 21, 2020, the transaction received conditional approval from the TSX Venture Exchange.
VVC Exploration Corporation (TSXV:VVC) completed the acquisition of 10% stake in Plateau Helium Corporation on December 21, 2020. Anuncio • Nov 10
VVC Exploration Corporation (TSXV:VVC) signed a share purchase agreement to acquire 10% stake in Plateau Helium Corporation for $0.1 million. VVC Exploration Corporation (TSXV:VVC) signed a share purchase agreement to acquire 10% stake in Plateau Helium Corporation for $0.1 million on November 9, 2020. The SPA gives VVC the right to buy the remaining 90% interest in Plateau Helium Corporation (the “Majority Interest”) from the shareholders of Plateau Helium Corporation for 21 million shares of VVC. Following the closing of the purchase of the minority interest, VVC will have 45 business days to complete its due diligence and elect to acquire the majority interest. The transaction is subject to TSX Venture Exchange approval and will close as soon as approval has been obtained. Anuncio • Aug 26
VVC Exploration Corporation announced that it expects to receive CAD 3.3 million in funding VVC Exploration Corporation (TSXV:VVC) announced a non-brokered private placement of 66,000,000 units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 3,300,000 on August 25, 2020. Each unit consists of one common share and one common share purchase warrant entitling the holder to purchase one additional common share of the company for a period of three years, at an exercise price of CAD 0.075 per share. The company will pay a finder's fee, not to exceed 7% of the aggregate amount raised by arm's length finders, which fee may be paid in cash or by the issuance of common shares and warrants, with a maximum of 1,000,000 shares and warrants. The transaction is expected to close in early September, subject to the acceptance of TSX Venture Exchange. All securities issued in the transaction will be subject to statutory, exchange and regulatory hold period of four months and any other required resale restrictions.