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TORONTO, ONTARIO, Aug 02, 2013 (Marketwired via COMTEX) — VVC EXPLORATION CORPORATION /quotes/zigman/291890 CA:VVC -14.29% (“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.


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MOTIONS VOTES CAST FOR
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Election of Directors
James Culver 99.87%
Bruno Dumais 99.87%
Peter Dimmell 99.87%
Patrick Fernet 99.87%
Michel Lafrance 99.87%
Terrence Martell 99.87%
Appointment of Auditors 99.87%
Camex Acquisition (i) 99.97%
Issuance Of Shares (i) 99.68%
Stock Option Plan 99.92%
New By Law 99.87%
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(i) After excluding the abstention by parties having an interest in the
transaction as disclosed in the Information Circular.


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:


— Mr. James A. Culver, President and CEO
— Mr. Patrick Fernet, Chairman of the Board, VP Legal and Corporate
Affairs
— Mr. Kevin Barnes, CFO
— Mr. Michel Lafrance, Secretary-Treasurer


“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
[email protected]


SOURCE: VVC Exploration Corporation

mailto:[email protected]

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.