Mr. Michel Lafrance reports

VVC - PURCHASE OF ITHACA 1-17 WELL AND 5 MILE PIPELINE

Plateau Helium Corp. (PHC), a wholly owned subsidiary of VVC Exploration Corp., doing business as VVC Resources, has completed the purchase of the Ithaca 1-17 well, together with approximately five miles of associated pipeline located in Rush county, Kansas, in a prolific helium, gas and oil area known as the Central Kansas Uplift (CKU). The acquisition was initiated in April, 2025, and PHC took possession in July, 2025. As previously disclosed in the company's May 30, June 26 and September, 2025, MD&As (management discussions and analyses), PHC has a 50-per-cent operating interest in the well.

The CKU project targets helium-rich natural gas within multiple stacked reservoirs in Rush and Pawnee counties, Kansas, where PHC has now assembled a meaningful lease position, acquired one producing property (Ithaca 1-17) and associated gas gathering system, and identified multiple development well locations. The acquisition of an existing gas gathering system serves to lower initial development cost while expediting the time needed to commence gas/helium sales and provide cash flow.

"Building on a producing asset while securing mid-stream capacity is a practical way to derisk our development program in the CKU," said Bill Kerrigan, president of VVC and PHC. "The Ithaca 1-17 well and pipeline give us a backbone to bring wells on line more efficiently."

About VVC Exploration Corp.

VVC engages in the exploration, development and management of natural resources -- specializing in scarce and increasingly valuable materials needed to meet the growing, high-technology demands of industries such as manufacturing, technology, medicine, space travel and the expanding green economy. VVC's portfolio includes a diverse set of multiasset, high-growth projects, comprising helium and industrial gas production in the Western United States, gold and associated metals operations in northern Mexico, and strategic investments in carbon sequestration and other green energy technologies. VVC is a Canada-based, publicly traded company on the TSX Venture Exchange (symbol: VVC).

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