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TORONTO, ONTARIO--(Marketwired - Dec. 16, 2013) - 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. |
