TORONTO, ONTARIO--(Marketwire - Nov. 12, 2009) - VVC EXPLORATION CORPORATION (TSX VENTURE:VVC) (FRANKFURT:V7S)(BERLIN:V7S) ("VVC" or the "Company") reports having granted to its officers, directors, and consultants, on November 10th, 2009, under the Company's Stock option Plan, an aggregate of 686,000 options to purchase common shares at $0.30 per share at any time before November 10th, 2014. The options vest at the rate of 25% on the later of the day of grant or the effective date and 25% every six months thereafter. Some of these options were granted to replace 486,000 options which expired over the last 3 months.
There are currently 47,542,390 common shares of the Company issued and outstanding, and currently 4,461,000 options are outstanding under the Company's Stock Option Plan.
About VVC:
VVC Exploration Corporation is a Canadian exploration company with projects in Mexico and Canada. This includes a silver, lead and zinc prospect in Chihuahua State, Mexico, a gold- silver property in northern Durango State, MX, an indirect participation in the Beaver Brook Antimony Mine in Newfoundland, Canada, and a grass-roots gold prospect in the Timmins area of northern Ontario. VVC is also aggressively searching for other projects - mainly precious minerals and base metals at various stages of development in North America, with an emphasis on gold and silver in Mexico.
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