TORONTO, ONTARIO — (Marketwired) — 08/02/13 — VVC EXPLORATION CORPORATION (TSX VENTURE: VVC) („VVC“ or the „Company“) announces that its Annual General and Special Meeting of Shareholders („AGM“) took place on July 30, 2013 and that the shareholders approved the re-election of the existing Board of Directors. In addition, shareholders approved all other matters which were submitted with the proxy materials for approval at the AGM, including the acquisition of Camex Mining Development Group Inc. („Camex“), the issuance of shares, the adoption of a new By-Law, the requisite annual approval of the Stock Option Plan for 2013 and the re-appointment of MSCM LLP as auditors of the Company. See below the table summarizing all the votes casted by 48,338,778 shares representing 53.58% of all shares issued and outstanding eligible to vote.
Following the formal part of the AGM, Mr. Peter Dimmell, a QP and a Director of the Company, with the assistance of Mr. Andre St-Michel, a consultant to the Company in Mexico, gave a summary of the Company-s Projects in Mexico including those of Camex.
In a subsequent Board Meeting, the Directors reappointed the following executive officers for VVC:
„We are pleased that shareholders have shown their confidence in VVC-s Management team by giving us a new mandate for the ensuing year, and have overwhelming approved all the proposed transactions,“ says Mr. Culver. „We endeavour to finalize the Camex Transaction as soon possible after completing all required regulatory filings.“
About VVC:
VVC is a Canadian exploration company with projects in Mexico and Canada, which include a gold prospect in Sonora State and a gold placer prospect in Sinoloa State, both in Mexico and 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.
Contacts: VVC Exploration Corporation Patrick Fernet Vice-President 514-631-2727
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