VVC VVC Exploration Corporation

VVC Exploration Corporation ("VVC" or the "Company") (TSX VENTURE:VVC) is
pleased to announce that, further to its news releases of April 12, 2013 and May
1, 2013, it is progressing in its due diligence investigations of Camex Mining
Development Group Inc. The parties are in the process of negotiating the
definitive agreements pursuant to which the Company intends to acquire all of
the issued and outstanding shares of Camex, in exchange for the issuance of
59,900,000 common shares of VVC at closing, subject to adjustments, if any, as
mutually agreed upon based on due diligence (the "Transaction").


The Transaction is set to close shortly after the upcoming Annual General and
Special Meeting of Shareholders ("AGM") of shareholders of the Company. Closing
of the Transaction will be subject to, among other things, the satisfactory
completion of VVC's due diligence investigations and the receipt of all
necessary consents and approvals, including the approval of the shareholders of
both VVC and Camex and the approval of the TSX Venture Exchange.


The AGM is scheduled for 10:30 am on Tuesday, July 30, 2013 in the Toscana I
Room of the Marriott Fairfield Inn & Suites - Montreal Airport, 700 Avenue
Michel Jasmin, Dorval, Quebec H9P 1C5. The Record Date for voting and receiving
notice of the AGM has been set at June 24, 2013. The proxy material will be
mailed to Shareholders on or about July 3, 2013 and will contain the details of
the meeting.


The Company's Transfer Agent will be mailing proxies to the Registered
Shareholders (holding physical share certificates) and a Voting Instruction Form
(VIF) to the NOBO Shareholders (who have consented to having their broker
release the details of their shareholdings to the Company). Shareholders will be
able to vote online, by fax or by mail. The OBO Shareholders (who have requested
to remain anonymous) may, at the discretion of their broker, receive a proxy or
a VIF mailed by the Broker or his agent. Shareholders receiving a VIF will be
required to submit their VIF in such time that it is received at least 48 hours
before the meeting, and if they wish to attend the AGM and vote personally, they
must appoint themselves as proxyholder. Shareholders may want to contact their
broker to verify whether they are on the NOBO or OBO list and, if desired,
request a change of their status before the Record Date.


About VVC Exploration Corporation

VVC is a Canadian exploration company with projects in Mexico and Canada, which
include a gold prospect in Sonora State and a gold placer prospect in Sinoloa
State, both in Mexico. The Company also has grass-roots gold prospects in the
Timmins area of northern Ontario. In addition, VVC is aggressively searching for
other projects - especially precious minerals and base metals at various stages
of development in North America, mainly in Mexico, Quebec and Ontario.


On behalf of the Board of Directors

Michel J. Lafrance, Secretary-Treasurer

This news release contains "forward-looking information" within the meaning of
applicable Canadian securities laws and "forward-looking statements" within the
meaning of the U.S. Private Securities Litigation Reform Act of 1995
(hereinafter collectively referred to as "forward-looking statements"). The
reader is cautioned that assumptions used in the preparation of such
information, although considered reasonable by VVC at the time of preparation,
may prove to be incorrect. Forward-looking statements, including expectations
with respect to closing the transaction after the upcoming AGM and obtaining the
approval of the TSX Venture Exchange, are subject to certain risks and
uncertainties, and actual results may differ materially from VVC's plans and
expectations. These plans, expectations, risks and uncertainties are detailed
from time to time in the filings made by VVC with the TSX Venture Exchange and
securities regulators. VVC does not assume any obligation to update or revise
its forward-looking statements, whether as a result of new information, future
events or otherwise, except as required by law.


Completion of the Transaction is subject to a number of conditions, including
the entering into a definitive agreement, TSX Venture Exchange acceptance and
approval of the shareholders of VVC. The Transaction cannot close until the
required shareholder approval is obtained. There can be no assurance that the
Transaction will be completed as proposed or at all.


Investors are cautioned that, except as to be disclosed in the Management
Information Circular being prepared for mailing to shareholders, any information
released or received with respect to the Transaction may not be accurate or
complete and should not be relied upon. Trading in the securities of VVC should
be considered highly speculative.


All forward-looking statements contained in this press release are expressly
qualified in their entirety by this cautionary statement.


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

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