VVC Settles Future Property Liability by Issuing Warrants
VVC Settles Future Property Liability by Issuing Warrants
TORONTO, Dec. 21, 2023 (GLOBE NEWSWIRE) -- VVC Exploration Corporation, dba VVC Resources, ("VVC") or (the "Company"), (TSX-V:VVC and OTCQC:VVCVF) announces the following transaction:
多倫多，2023年12月21日（GLOBE NEWSWIRE）——VVC Exploration Corporation、dba VVC Resources（“VVC”）或（“公司”）（多倫多證券交易所-V: VVC和OTCQC: VCVF）宣佈了以下交易：
Pursuant to an agreement entered into with Orford Resources Inc. ("Orford") on August 24, 2020, VVC acquired Orford's share of the Kaity Property (the "Property") in Mexico. VVC is now the sole beneficial owner of the Property which is held in its Mexican subsidiary. The Property is the host of the Gloria Copper Project.
根據2020年8月24日與奧福德資源公司（“奧福德”）簽訂的協議，VVC收購了奧福德在墨西哥的Kaity Property（“財產”）中的股份。VVC現在是該物業的唯一受益所有人，該物業由其墨西哥子公司持有。該物業是格洛麗亞銅業項目的主辦方。
The Company's interest in the Property is however encumbered, because of its obligation to make a payment of $US 400,000 to Orford following the receipt of production revenue from the Property. The Company has negotiated with Orford to discharge the $US 400,000 payment obligation in consideration for the issuance to Orford of 10,000,000 warrants exerciseable at CA$ 0.06 per share and expiring in 5 years from the closing of the transaction. This transaction is subject to the approval of the TSX Venture Exchange ("TSXV") and must close by December 31, 2023. The TSXV is currently reviewing the application.
但是，該公司在該物業中的權益受到抵押，因爲在收到該物業的生產收入後，該公司有義務向Orford支付40萬美元。該公司已與奧福德談判，以履行40萬美元的付款義務，作爲向奧福德發行10,000,000份認股權證的對價，該認股權證的行使價格爲每股0.06加元，將在交易完成後的5年內到期。該交易需要多倫多證券交易所風險交易所（“多倫多證券交易所”）的批准，並且必須在2023年12月31日之前完成。TSXV目前正在審查該申請。
The settling of this obligation by issuing warrants is beneficial to the Company, since this liability with be removed, freeing up future cashflows that may be deployed in other operational areas.
通過發行認股權證來清償該債務對公司有利，因爲該負債將被取消，從而騰出未來可能用於其他運營領域的現金流。
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 Mexico; and Strategic investments in carbon sequestration and other green energy technologies. VVC is a Canada-based, publicly-traded company on the TSXV (TSX-V:VVC) and on the OTC Market (OTCQB:VVCVF). To learn more, visit our website at: .
關於 VVC 資源
VVC從事自然資源的勘探、開發和管理，專門研究稀缺且價值越來越高的材料，以滿足製造業、技術、醫藥、太空旅行和不斷擴大的綠色經濟等行業不斷增長的高科技需求。我們的投資組合包括一系列多樣化的多資產、高增長項目，包括：美國西部的氦氣和工業氣體生產；墨西哥北部的銅及相關金屬業務；以及對碳封存和其他綠色能源技術的戰略投資。VVC是一家總部位於加拿大的上市公司，在多倫多證券交易所（TSX-V: VVC）和場外交易市場（OTCQB: VVCVF）上市。要了解更多信息，請訪問我們的網站，網址爲： 。
On behalf of the Board of Directors
代表董事會
Michel J. Lafrance, Secretary-Treasurer
米歇爾·拉弗朗斯，秘書兼財務主管
| For further information, please contact: | ||
| Patrick Fernet - (514) 631-2727 | or | Mike Culver - (202) 531-6559 |
| E-mail: pfernet@vvcexploration.com | E-mail: info@vvcresources.com |
| 欲了解更多信息，請聯繫： | ||
| 帕特里克·費內特-(514) 631-2727 | 要麼 | Mike Culver-(202) 531-6559 |
| 電子郵件： pfernet@vvcexploration.com | 電子郵件: info@vvcresources.com |
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.
多倫多證券交易所風險交易所及其監管服務提供商（該術語在多倫多證券交易所風險交易所的政策中定義）均不對本新聞稿的充分性或準確性承擔責任。
2369 Kingston Road, PO Box 28059 Terry Town, Scarborough, ON M1N 4E7 – Tel: 416-619-5304
安大略省斯卡伯勒市金斯敦金斯敦金斯敦郵政信箱 28059 號 M1N 4E7 — 電話：416-619-5304
譯文內容由第三人軟體翻譯。