VanadiumCorp Resource Submitted Documents for Final Approval of Financing

Core Viewpoint - VanadiumCorp Resource Inc. has submitted documents for final approval of a private placement financing, aiming to raise approximately $396,099.99 through the issuance of units priced at $0.11 each [1][3]. Financing Details - The company has issued a total of 3,600,909 units, with each unit comprising one common share and one common share purchase warrant, which can be exercised for an additional common share at an exercise price of $0.15 for two years [2]. - The financing is pending final approval from the Exchange, and the proceeds will be utilized for working capital and general corporate purposes [3]. Company Overview - VanadiumCorp is a Canadian critical metals exploration company that owns 100% of two strategic properties in Quebec: the Iron T and the flagship Lac Doré property [5]. - The company is focused on advancing innovative technologies to extract vanadium-titanium and potentially high-grade iron from its vanadiferous titanomagnetite projects, aiming for a stable, long-term supply of critical metal deposits [5]. - An initial electrolyte facility is being established in Val-des-Sources, Quebec, to evaluate output quality and facilitate initial electrolyte production, with plans to expand production for the international market, particularly for long-duration Vanadium Flow Batteries [5].