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TORONTO, June 14 /CNW Telbec/ - VVC EXPLORATION CORPORATION (VVC: TSX-V) (V7S: FSE / BBSE) ("VVC" or the "Company") reports that further to the Company's notice of default contained in its news release of June 4, 2007 (the "Notice of Default") the following is the Company's bi-weekly default status report pursuant to Appendix B of CSA Policy 57-301:
The Company hereby confirms that there have been no changes regarding
the information provided in the Company's Notice of Default. The
Company is continuing to work with its auditors to complete the audit
and file the financial statements as soon as possible. Any new
developments will be announced on a timely basis and the Company will
continue to provide bi-weekly updates, as contemplated by the OSC
Policy.
About VVC:
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VVC Exploration Corporation is a Canadian exploration company with
projects in Canada. VVC also has an indirect participation in the Beaver Brook
Antimony Mine in Newfoundland, Canada. VVC is also aggressively searching for
other projects such as Gold, Base metal, Uranium and Antimony at various
stages of development. Visit our website at www.vvcexploration.com.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release.
On Behalf of the board of Directors
(signed)
Michel J. Lafrance, Secretary-Treasurer