We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
VVC Exploration Corporation | TSXV:VVC | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.03 | 0.025 | 0.035 | 0 | 00:00:00 |
VVC Exploration Corporation ("VVC" or the "Company") (TSX VENTURE:VVC) announces that the Company is issuing 1,925,000 common shares at an issue price of $0.05 per share to Directors, Officers and their support personnel (the "Recipients") as a one-time compensation for current and past services rendered (the "Transaction"). The Board determined that the Recipients have not been properly compensated for such services rendered to the Company, such as participation in board of directors meetings, participation in audit committee and steering committee meetings, review, analysis, opinion, and assistance on geological, accounting, financial and daily matters of the Company. In order to preserve and maintain the liquidity of the Company, the Recipients elected to receive shares in lieu of cash. The particulars of this transaction were described in the Information Circular dated July 2nd, 2013 for the Annual General and Special Meeting of Shareholder (the "AGSM") of the Company held on July 30th, 2013. The Information Circular is available for downloading from www.sedar.com. The Transaction was approved by 99.68% of the disinterested shareholders of the Company present at the AGSM, with the votes attached to the common shares owned by any of the Recipients counted as an abstention. About VVC Exploration Corporation VVC is a Canadian exploration company with projects in Mexico and Canada, which include a gold prospect in Sonora State, a gold placer prospect in Sinoloa State, a copper prospect in Chihuahua State, and a gold-silver prospect in Sonora State, all in Mexico. The Company also has grass-roots gold prospects in the Timmins area of northern Ontario. In addition, VVC is aggressively searching for other projects - especially precious minerals and base metals at various stages of development in North America, mainly in Mexico, Quebec and Ontario. On behalf of the Board of Directors Michel J. Lafrance, Secretary-Treasurer Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. FOR FURTHER INFORMATION PLEASE CONTACT: Patrick Fernet Vice-President pfernet@vvcexploration.com (514) 631-2727
1 Year VVC Exploration Chart |
1 Month VVC Exploration Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions