VVC Extending Closing Date of $1.5 Million Private Placement and Expects to Close Shortly A Debt Conversion

TORONTO, ONTARIO--(Marketwired - Sep 24, 2014) - VVC Exploration Corp. ("VVC" or the "Company") (TSX VENTURE:VVC) is pleased to announce that, subject to the acceptance of the TSX Venture Exchange, the closing date of its ongoing Private Placement Financing of up to CA$1.5 million representing 30 million units ("Unit" or "Units") at a price of $0.05 per Unit (announced on Aug. 11) will be extended until October 22nd, 2014. Each Unit consists of one common share and one common share purchase warrant (a "Warrant") of the Company. Each Warrant entitles the holder to purchase one additional common share of the Company at $0.12 per share for the first 2 years and at $0.18 for the next 3 years. The net proceeds will be used to cover maintenance fees and option payments on the Company's properties in Mexico, and to pay the Company's accounts payables, general corporate expenses and operating expenses in Mexico.

Also the Company in the process of finalizing, subject to the acceptance of the TSXV, the debt conversion of CA$204,612 of its accounts payable by issuing to an non-arm's length party 1,770,550 common shares ("Shares") of the Company at a price of $0.05 per share and by issuing to arm's length parties 2,321,500 Units of the Company at a price of $0.05 per Unit, subject to the acceptance of the TSXV. The Debt Conversion Units will be according to similar terms as the Private Placement Units. The Shares and Warrants pursuant to this transaction will be issued following receipt of the TSXV acceptance and all necessary signed documentation from the subscribing debt holders.

About VVC Exploration Corporation

VVC is a Canadian exploration and mining company with projects in Mexico and Canada, which includes a near production copper prospect in Chihuahua State, and gold and silver prospects in Sonora and Sinaloa States, Mexico. The Company also has a grassroots gold/VMS prospect in the Timmins area of northern Ontario. VVC is aggressively seeking to convert its near production copper project, Samalayuca, to pilot scale production, then full production.

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.

This news release contains "forward-looking information" (within the meaning of applicable Canadian securities laws) and "forward -looking statements" (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as "anticipate", "believe", "expect", "plan", "intend", "potential", "estimate", "propose", "project", "outlook", "foresee" or similar words suggesting future outcomes or statements regarding an outlook. Such statements include, among others, those concerning the Company's anticipated operational plans and activities including the revenue and growth outlook. Specifically, they include Company's statements relating to the closing of a Private Placement and a Debt Conversion.

Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management's expectations regarding future growth, plans for and completion of projects by Company's third party relationships, availability of capital, and the necessity to incur capital and other expenditures. Actual results could differ materially due to a number of factors, including, without limitation, operational risks in the completion of Company's anticipated projects, delays or changes in plans with respect to the development of Company's anticipated projects by Company's third party relationships, risks affecting Company's ability to develop projects, risks inherent in operating in foreign jurisdictions, the ability to attract key personnel, and the inability to raise additional capital. No assurances can be given that the Company's efforts will be successful. Additional assumptions and risks are set out in detail in the Company's MD&A, available on SEDAR at www.sedar.com.

Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company's securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.