VVC Exploration Corporation Provides Regulatory Update and Clarifies a Previous Incorrect Statement about CYRB

The most recent release (2026‑05‑21) discloses that the Ontario Securities Commission has rejected VVC’s application for a Management Cease Trade Order. The company now risks a Failure‑to‑File Cease Trade Order (FFCTO) – which would immediately suspend trading of its shares on all Canadian markets – if its audited annual financial statements for the year ended January 31, 2026 are not submitted by June 1, 2026. The delay is attributed to a complex valuation of the company’s equity stake in Cyber Apps Solutions Corp. (CYRB), a company undergoing active foreclosure and liquidation. An internal trading blackout remains in effect for all insiders. VVC states it is targeting completion by June 30, 2026, while simultaneously pursuing capital‑raising initiatives (including a potential non‑brokered private placement) to fund core helium/gold operations. The announcement also retracts a May 16 statement about executive vacancies at CYRB. The context: on May 16 the company had disclosed the filing delay, the MCTO application, and that CYRB’s assets were being liquidated, requiring a third‑party impairment analysis.

The latest news materially escalates the risk. The MCTO – which would have allowed public trading while insiders were restricted – was denied. Instead, the company is now on the verge of a full cease trade order that would halt all trading. The inability to file financials on time, tied to a collapsing investee company, raises severe questions about management’s oversight, the quality of the balance sheet, and immediate liquidity. With revenues under $20,000 per month across all projects and an active search for new capital, the threat of a trading suspension is a serious and immediate shock to the investment case. The retraction of a prior statement about CYRB adds to a perception of disorder. This is materially negative – far more than a routine delay – because it could freeze the stock and cut the company off from public market financing.

VVC Resources is a micro‑cap helium, natural gas, and gold explorer. Its flagship asset is the Central Kansas Uplift (CKU) helium‑rich natural gas project, where it holds 10,875 leased acres with up to 160 potential drilling locations in stacked reservoirs (helium grades 1.5‑6%). The company acquired the Ithaca 1‑17 producing well and a 5‑mile pipeline in 2025, giving it a 50% operating interest and some immediate cash flow. Other assets include the Syracuse and Stockholm helium/gas projects in Kansas, the Ardery oil project (small production), the Cumeral gold project in Sonora, Mexico (after exiting the Gloria copper project in late 2025), and a 60% stake in the Lindley helium project in South Africa via subsidiary Plateau Helium Corp. VVC also holds ~8 million shares of Cyber Apps Solutions (Proton Green), now in financial distress. Revenues are negligible (under $20k/month combined from Syracuse and Ardery).