VVC Exploration Corporation

VVC Exploration Corporation

October 05, 2009 15:30 ET

VVC Exploration Completes $1 Million Private Placement

TORONTO, ONTARIO--(Marketwire - Oct. 5, 2009) - VVC EXPLORATION CORPORATION (TSX VENTURE:VVC)(FRANKFURT:V7S) ("VVC" or the "Company") announces that last week it received a subscription for a non-brokered private placement at 35 cents per unit amounting to CA$1,000,125 for 2,857,500 units. Each unit comprises one common share and one share-purchase warrant to purchase an additional share at $0.42 until October 9th, 2011. The net proceeds after will be used for working capital, exploration expenditures on Company's properties in Mexico and the cost of any new acquisitions in Mexico.. The shares will be subject to resale restrictions for four months. The Private Placement has not yet been accepted for filing by the TSX Venture Exchange. An aggregate of $100,000 in cash will be paid as Finders' fees to a person instrumental in arranging the placement. The Private Placement will close on or about October 9th, 2009.

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 on 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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