VVC Acquires Minority Stake in Plateau Helium Corp
- AKAP
- Nov 8, 2020
- 3 min read
VVC Exploration has signed a share purchase agreement with Plateau Helium Corporation (PHC) to acquire a 10% minority interest in PHC for US$100,000. The agreement gives VVC the right to buy the remaining 90% interest in PHC from the shareholders of PHC for 21 million shares of VVC. The acquisition of the minority stake in PHC is also dependent on the approval of the TSXV Exchange.