VVC Appoints New President & Grants Options

Group 1: Leadership Changes - VVC Exploration Corporation appointed Mr. Bill Kerrigan as President and Chief Operating Officer, while Mr. James A. Culver remains as CEO [1][2] - Chairman Terrence Martell expressed gratitude to Mr. Culver for his service and welcomed Mr. Kerrigan, indicating confidence in his ability to drive positive momentum for the company [2] Group 2: Stock Options - The Directors granted incentive stock options to purchase up to 15,700,000 common shares, representing 2.74% of the outstanding shares, with an exercise price of CA$0.05 per share, expiring March 17, 2035 [2] - 25% of the options will vest immediately, with the remaining options vesting at 25% every six months [2] - Breakdown of options granted: 41.1% to Directors, 30.3% to Officers, and 28.7% to Employees/Consultants [2] Group 3: Company Overview - VVC engages in the exploration, development, and management of natural resources, focusing on materials needed for high-tech industries, including manufacturing, technology, medicine, space travel, and the green economy [3] - The company's portfolio includes helium and industrial gas production in the western U.S., copper and associated metals operations in northern Mexico, and strategic investments in carbon sequestration and green energy technologies [3]