VVC Exploration-Update on Acquisition of Shares of Camex
TORONTO, ONTARIO--(Marketwired - Sep 5, 2013) - VVC Exploration Corp. ("VVC" or the "Company") (TSX VENTURE:VVC) is pleased to announce that, further to its news release of August 2, 2013, announcing shareholder approval in respect of the acquisition by VVC of all issued and outstanding shares of Camex Mining Development Group Inc. (the "Transaction") at the annual general and special meeting of shareholders of the Company held on July 30, 2013, the parties are in the process of gathering signatures on all required closing documents as well as finalizing the definitive documentation to be submitted to the TSX Venture Exchange.
Closing of the Transaction is conditional on, among other things, the satisfactory completion of VVC's due diligence investigations and the approval of the TSX Venture Exchange.
About VVC Exploration Corporation
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. 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, Québec 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.