VVC Exploration Extends Private Placement Closing
VVC Exploration Corporation announces that it has requested and obtained from the TSX Venture Exchange a 15-day extension for the final closing of a non-brokered private placement of up to 30,000,000 units of the Company (“Units”) at a price of $0.05 per Unit. Each Unit consists of one common share and one common share purchase warrant of the Company. Each Warrant entitles the holder to purchase one additional common share of the Company at $0.12 per share for 1 year and thereafter at $0.18 per share until 2 years after closing.