TORONTO, ON, Jan. 24 /CNW Telbec/ - VVC EXPLORATION CORPORATION (VVC: TSX-V) ("VVC" or the "Company") announces that its application for listing on the Frankfurt Stock Exchange ("FSE") has been accepted and the shares are now trading under the symbol V7S.
The FSE, which offers fully electronic trading facilities, is the largest of eight German stock exchanges and ranks as one of the largest stock exchanges in the world. This listing marks the first step of an aggressive campaign by VVC to increase its exposure in Europe. It provides VVC with increased access to worldwide capital markets and an opportunity to broaden its shareholder base by the establishment of a closer relationship with the European investment community which has recently expressed an interest in exploration projects in the People's Republic of China.
Mr. Daniel Grenier, President and CEO of VVC commented: "The recent influx of junior resources companies listing on the FSE generally yielded tremendous growth in awareness about those companies and resulted in increase shareholder value. It provides us an exciting opportunity to introduce our projects to the European investment community and therefore represent a logical development thus providing additional leverage for the Company's future expansion".
About VVC:
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VVC Exploration Corporation is a Canadian exploration company with projects in Canada and China. VVC also has an indirect participation in the Beaver Brook Antimony Mine in Newfoundland, Canada and is aggressively searching for other projects in and around China.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this news release.
On Behalf of the board of Directors
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Michel J. Lafrance, Secretary-Treasurer