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VanadiumCorp Resource Closes Second Tranche of Financing
Thenewswire· 2025-08-25 22:30
Vancouver, BC – TheNewswire – August 25 ,2025 – VanadiumCorp Resource Inc. (TSX-V: VRB) (FSE: NWNA) (OTC: VRBFF) ("VanadiumCorp" or the "Company") Further to its July 10, 2025, July 11, 2025, and July 13, 2025 news releases, the Company announces that it has closed a second tranche of its $0.11 unit private placement financing (the “Financing”), issuing 1,510,000 Units for aggregate gross proceeds of $166,100. The Financing consists of up to 4,545,455 $0.11 units (“Units”), each Unit consisting of one c ...
VanadiumCorp Announces Extension to Hard Dollar Private Placement Financing
Thenewswire· 2025-08-13 23:20
Group 1 - VanadiumCorp Resource Inc. has extended the closing date for its hard dollar financing of up to $500,000 to September 12, 2025 [1] - The company is focused on critical metals exploration and owns 100% of two strategic properties in Quebec: The Iron T and the flagship Lac Doré property [3] - VanadiumCorp is advancing innovative technologies to extract vanadium-titanium and potentially high-grade iron from its vanadiferous titanomagnetite projects [3] Group 2 - The successful implementation of extraction technologies is expected to ensure a stable, long-term supply of critical metal deposits, including vanadium feedstock for electrolyte production [3] - The initial electrolyte facility located in Val-des-Sources, Quebec, will evaluate output quality and facilitate initial electrolyte production [3] - The company plans to expand its electrolyte production for the international market, specifically targeting long-duration Vanadium Flow Batteries (VRBs) [3]
VanadiumCorp Closes First Tranche of Financing
Thenewswire· 2025-07-11 21:10
Core Viewpoint - VanadiumCorp Resource Inc. has received conditional approval for a non-brokered private placement financing of up to $500,000 from the TSX Venture Exchange [1][3] Financing Details - The financing consists of up to 4,545,455 units priced at $0.11 each, with each unit comprising one common share and one common share purchase warrant [2] - Each warrant is exercisable for an additional common share at $0.15 for a period of two years from the date of issue [2] - The first tranche of the financing has been closed, issuing 1,590,909 units for total gross proceeds of $174,999.99 [3] - The financing is subject to final approval from the Exchange, and all securities issued will be under a four-month hold from the date of issue [3] - Proceeds from the financing will be used 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 advancing innovative technologies to extract vanadium-titanium and potentially high-grade iron from its vanadiferous titanomagnetite projects [5] - Successful implementation of these technologies is expected to ensure a stable, long-term supply of critical metal deposits, including vanadium feedstock for electrolyte production [5] - The initial electrolyte facility located in Val-des-Sources, Quebec, will evaluate output quality and facilitate initial electrolyte production [5] - The company plans to expand electrolyte production for the international market, specifically for long-duration Vanadium Flow Batteries (VRBs) [5]
Rockland Resources Acquires the Claybank Beryllium Project Near the Spor Mountain Beryllium Mine
Thenewswire· 2025-03-25 12:00
Company Overview - Rockland Resources Ltd. has acquired the Claybank Beryllium Project in Juab County, Utah, which is strategically located near the largest global beryllium producer, Materion Corp's Spor Mountain [1][11] - The acquisition strengthens Rockland's position in the niche global beryllium market, aligning with the growing global demand for beryllium [2][11] Project Details - The Claybank Beryllium Project consists of two unpatented claims covering approximately 16 hectares (40 acres) [3] - Historical drilling in 1987 identified a beryllium mineralization zone approximately 70 meters long, with drillhole intercepts ranging from 0.25% to 0.65% Be [3][7] - A spring reconnaissance surface sampling and mapping program will commence once weather conditions allow [7] Acquisition Terms - The acquisition was finalized on March 19, 2025, involving cumulative cash payments of $400,000 USD and the issuance of one million warrants at $0.15 CAD [8] - A 2.5% Net Smelter Return (NSR) will be granted to the vendor, with an option for Rockland to buy back 1% for $1 million USD [8] Future Plans - The company plans to confirm historical results at Claybank with the intent to expand the historic mineralized zone [2][11] - Rockland has also set 25,000 options for a consultant at $0.15 for a period of two years [9]