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VVC Exploration Corporation: VVC Exploration Grants Stock Options


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Published in Business and Finance on Friday, April 3rd 2009 at 14:23 GMT, Last Modified on 2009-04-03 14:24:26 by Market Wire   Print publication without navigation


TORONTO, ONTARIO--(Marketwire - April 3, 2009) - VVC EXPLORATION CORPORATION (TSX VENTURE:VVC) (FRANKFURT:V7S)(BERLIN:V7S) ("VVC" or the "Company") reports having granted on March 25, 2009 to officers, directors, and consultants, an aggregate of 800,000 options to purchase common shares at $0.28 per share at any time before March 25th, 2014. The options vest at the rate of 25% on the day of grant and 25% every six months. These options were granted to replace 930,000 options which expired or were cancelled since the last grant in December 2007.

There are currently 44,684,890 common shares of the Company issued and outstanding. There are currently 4,256,000 options outstanding under the Company's Stock Option Plan

About VVC:

VVC Exploration Corporation is a Canadian exploration company with projects in the State of Chihuahua, Mexico and in Canada, including an indirect participation in the Beaver Brook Antimony Mine in Newfoundland, Canada. VVC is also aggressively searching for other projects such as precious and base metals and industrial minerals at various stages of development in North America, especially in Mexico, Quebec and Ontario. Our primary focus is precious metal projects in Mexico.

On Behalf of the board of Directors

Michel J. Lafrance, Secretary-Treasurer

Neither the TSXV or its Regulation Service Provider accepts responsibility for the adequacy or accuracy of this news release.



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