VVC Announces Closing of a Debenture Placement

http://www.marketwired.com/press-release/vvc-announces-closing-of-a-debenture-placement-tsx-venture-vvc-2177749.htm

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.”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s