“We are thrilled to have Tom join our Board,” said Peter Barnes, Chair of the Board. “Tom brings with him over 30 years of industry knowledge and leadership and has extensive experience in all aspects and stages of the global mining business, specializing in exploration geology.”
Pursuant to an agreement entered into with Orford Resources Inc. on August 24, 2020, VVC acquired Orford’s share of the Kaity 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.
Net proceeds of the Private Placement will be used towards further advancing the optimization program at Campo Morado as well as for general working capital purposes.
The Company announces that further to its press release of December 8, 2023, it has now issued an aggregate of 1,343,891 common shares at a deemed price of $0.075 per share to settle aggregate debt of $100,792 outstanding as at October 31, 2023.
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