VVC Exploration: Results of Annual Shareholders Meeting & Grant of Options


TORONTO, ONTARIO–(Marketwired – Aug. 30, 2017) – VVC Exploration Corporation (“VVC” or the “Company“) (TSX VENTURE:VVC) announces that its Annual General Meeting of Shareholders (“AGM”) took place on August 25, 2017 and that the shareholders approved the election of all Directors proposed by Management. With the exception of Scott Hill (http://ir.theice.com/governance/management/scott-hill), those elected were the existing Directors of the Company. In addition, shareholders approved all other matters presented at the AGM, including the re-appointment of MNP LLP as auditors of the Company. The aggregate votes cast at the AGM represented 40,881,101 shares or 22.5% of all issued and outstanding shares.

Following the formal part of the AGM chaired by Terrence Martell, the President of the Company, Jim Culver, updated the attendees on the status of the Company. Subsequently, Andre St-Michel, leading consultant to the Company in Mexico, and Peter Dimmell, a Director and the Qualified Person of the Company, provided reviews of the Company’s Samalayuca Project. These reviews included the results of a recent ground magnetic survey used to help plan the drilling program which started on August 24, 2017 The magnetic survey shows the mineralized zones, as mined by gambusinos (artisanal miners) in the 1950’s and 1960’s, lie over magnetic lows which extend along strike away from the historically mined open pits. Both Samalayuca presentations will be posted on the VVC website.

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