Perforation of 2 Wells in Syracuse
VVC is proud to announce significant progress in its
On
This development is a crucial step in VVC’s strategy to enhance its helium and natural gas production capabilities. "The perforation of these wells positions VVC to tap into the high-potential
Appointment of Officers
In first Board Meeting after the re-election of directors at the Annual General Meeting of shareholders (the "AGM") held yesterday, the Directors reappointed the following executive officers for VVC and the Chairman of the Board of Directors for the ensuing year:
Jim Culver , President and CEOTerrence Martell , Chairman of the BoardKevin Barnes , Chief Financial OfficerMichel Lafrance , Secretary-TreasurerBill Kerrigan , President ofPlateau Helium Corporation .
In addition, the directors also appointed directors to the Company’s various standing committees and a Chairman for each Committee for the ensuing year.
Option Grant
At the same Board Meeting, the Directors also granted incentive stock options under its stock option plan, to officers, directors and consultants of the Company, to purchase up to an aggregate of 14,650,000 common shares, representing 2.96%% of the outstanding shares of the Company. The stock options are exercisable at a price of CA$0.08 per share expiring
About VVC Resources
VVC engages in the exploration, development, and management of natural resources - specializing in scarce and increasingly valuable materials needed to meet the growing, high-tech demands of industries such as manufacturing, technology, medicine, space travel, and the expanding green economy. Our portfolio includes a diverse set of multi-asset, high-growth projects, comprising: Helium & industrial gas production in western U.S.; Copper & associated metals operations in northern
On behalf of the Board of Directors
For further information, please contact: | ||
or | ||
E-mail: pfernet@vvcexploration.com | E-mail: mike@vvcresources.com |
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