TORONTO, ONTARIO–(Marketwired – Nov. 22, 2016) – VVC Exploration Corporation (“VVC” or the “Company“) (TSX VENTURE:VVC) is pleased to announce the closing, subject to the approval of the TSX Venture Exchange, of a convertible debenture financing (the “Debenture) of approximately CA$1.38 million or US$1.04 million. Insiders of the Company have subscribed for about CA$380,000.
Jim Culver, President of VVC commented that, “We are very pleased at the market reception to the Company’s placement, and the commitment of our existing shareholders to supporting the Company. With the recent increases in the price of copper, VVC’s prospects, with the Samalayuca Copper Project look especially bright.”