Xplore Resources Corp. Enters into Letter of Intent for Qualifying Transaction with VON Capital Corp.

TORONTO , Aug. 12, 2019 /CNW/ - Xplore Resources Corp. ("Xplore"), a private mineral exploration company incorporated under the laws of the Province of Ontario is pleased announce that it has entered into a an arm's length Letter of Intent (the "LOI") dated August 6, 2019 with VON Capital Corp. ("VON" or the "Corporation"), a capital pool company as defined by the TSX Venture Exchange ("TSXV" or the "Exchange"). The proposed transaction (the "Transaction") will be a "qualifying transaction" for VON under TSXV Policy 2.4 (the "QT").

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