VVC Exploration Corporation  ("VVC" or the "Company") (TSX VENTURE:VVC)
announces having arranged a debt financing with Palos Merchant Fund LP.
("Palos") in the amount of $50,000 which bears interest at 15% per year and is
secured by a Promissory Note and 5 million shares of the Company held by the
Company's subsidiary, Camex Mining Development Group Inc. Palos is a significant
shareholder of VVC holding 32,706,922 shares of the Company. 


VVC is will use the proceeds to pay the land use rights and the mining right
taxes on the Samalayuca Property in Mexico in order to maintain the claims in
goodstanding. 


The Company plans to repay the loan from the proceeds of an ongoing Private
Placement Financing of up to $1 million representing 20 million units at a price
of $0.05 per Unit. Each Unit consists of one common share and one common share
purchase warrant (a "Warrant") of the Company. Each Warrant entitles the holder
to purchase one additional common share of the Company at $0.12 per share for
the first 3 years and at $0.18 for years 4 and 5. The net proceeds will be used
to pay accounts payables, general corporate expenses, operating expenses in
Mexico and maintenance fees on the Company's properties in Mexico.


About VVC Exploration Corporation 

VVC is a Canadian exploration and mining company with projects in Mexico and
Canada, which includes a near production copper prospect in Chihuahua State, and
gold and silver prospects in Sonora and Sinaloa States, Mexico. The Company also
has a grassroots gold/VMS prospect in the Timmins area of northern Ontario. VVC
is aggressively seeking to convert its near production copper project,
Samalayuca, to pilot scale production, then full production. 


On behalf of the Board of Directors

Michel J. Lafrance, Secretary-Treasurer 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
VVC Exploration Corporation
Patrick Fernet
Vice-President
(514) 631-2727
pfernet@vvcexploration.com
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