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VanadiumCorp Resource Submitted Documents for Final Approval of Financing
Thenewswire· 2025-09-19 21:00
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].
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 Announces Board Changes to Support Strategic Growth and Welcomes Dr. James Tansey to the Board of Directors
Thenewswire· 2025-07-23 00:55
Core Viewpoint - VanadiumCorp Resource Inc. has appointed Dr. James Tansey to its Board of Directors, enhancing its focus on critical metals, sustainable mining, and renewable energy [1][5]. Group 1: Appointment of Dr. James Tansey - Dr. Tansey brings extensive experience in impact investing and has previously led significant carbon credit initiatives, aligning with VanadiumCorp's commitment to low-carbon operations [2][4]. - His role as a founding advisor to Syniad Innovations highlights his involvement in advancing critical mineral technologies essential for clean energy transition [3]. - Dr. Tansey's background in ESG governance and policy will strengthen the company's board oversight, particularly in areas like Indigenous partnerships and sustainable finance [4]. Group 2: Company Overview - VanadiumCorp is a Canadian critical metals exploration company with full ownership of two strategic properties in Quebec: Iron T and Lac Doré [8]. - The company is focused on innovative technologies for extracting vanadium-titanium and high-grade iron from its projects, aiming for a stable long-term supply of critical metal deposits [8]. - An initial electrolyte facility in Val-des-Sources, Quebec, will evaluate output quality and facilitate the production of electrolytes for Vanadium Flow Batteries [8]. Group 3: Board Changes - The company announced the resignation of Mr. Brian Gusko from the Board of Directors, effective July 16, 2025, and expressed gratitude for his contributions [6].