VanadiumCorp Resource is pleased to present a corporate update on its latest initiatives. VanadiumCorp is a Canadian critical minerals company in the renewable energy storage space facilitating the global energy transition. In Q2 2022, the Company undertook a major management restructuring and a strategic refocusing to expedite revenues and maximize shareholder value. Management analysis in 2022 forecasted the vanadium [...]
VanadiumCorp Resource is pleased to announce the Company has filed documents with the TSX Venture Exchange for approval to close its non-brokered private placement financing. On receipt of final approval from the TSXV, the Company will issue 8,675,000 $0.10 flow-through units and 4,557,500 $0.08 non-flow-through units for aggregate gross proceeds of $1,232,100. Each FT Unit consists of one flow-through common share of the [...]
VanadiumCorp Resource wishes to announce the resignation of Ian Mallory as a Director and Chairman of the Board. The Company thanks Mr. Mallory for his contribution and wishes him well in his future endeavours. VanadiumCorp Resource seeks to produce a reliable stream of high-quality vanadium electrolytes for the expanding international market for long-duration Vanadium Redox Flow Batteries . The Company's initial [...]
VanadiumCorp Resource is pleased to announce that the Honourable Christian Paradis, P.C., LL.B., has joined the Board of Directors of the Company effective today. Mr Paradis has been a Member of the Quebec Bar since 1997. He was Member of the Parliament of Canada for Mégantic-L'Érable, Québec from 2006 to 2015, and Minister between 2008 and 2015 of Public Works and Government Services, Natural [...]
VanadiumCorp Resource is pleased to announce that it has obtained a machinery and equipment financing for its manufacturing operations for $775,000. The lender is Key West Ford Financing of New Westminster. The term of the Financing is 55 months, at an interest rate of 9.9% per annum. There is also a commitment fee of $25,000 payable to the lender. The Financing is secured by the machinery and equipment of the Company [...]
VanadiumCorp Resource reports that the progress of the construction of the Company's first facility for manufacturing vanadium electrolytes, announced on March 29, 2023, is on track. The Company has taken possession of its site at the CIMMS facility in Val-des-Sources, Québec. Engineering designs are complete. All major equipment is procured and ready for installation upon arrival of the electrochemical equipment [...]
VanadiumCorp Resource is pleased to announce that the Company has received a grant of $500,000 to support the development of its vanadium electrolyte production plant in Val-des-Sources, Québec. The grant from PRIMA will help ensure that the Company's production process will be state-of-the-art and will contribute to an environmentally friendly circular economy. The financial assistance comes from the support [...]
VanadiumCorp Resource announces that it has granted, pursuant to its 10% rolling Stock Option Plan, stock options to certain eligible directors, officers and consultants of the Company or its subsidiaries to purchase a total of 4,775,000 common shares in the capital of the Company, subject to any regulatory approval. The stock options are exercisable for a period of five years at an exercise price of $0.14 per share and [...]
VanadiumCorp Resource is pleased to report that it has received approval from the TSXV to close its non-brokered private placement financing for aggregate gross proceeds of $1,632,940. The Company will now issue 16,329,400 units, each Unit consisting of one common share of the Company and one common share purchase warrant, each warrant entitling the holder to acquire an additional common share at an exercise price of [...]
VanadiumCorp Resource is pleased to report its previously announced non-brokered private placement financing of up to $1.5 million has been increased to $1,632,940 and the Company has filed documents with the TSXV seeking final approval to close the Financing. The Financing consists of 16,329,400 units , with each Unit priced at $0.10 per Unit for gross proceeds of $1,632,940. Each Unit consists of one common share of the [...]
VanadiumCorp Resource is pleased to announce a non-brokered private placement financing of up to $1.5 million dollars. The Financing will consist of up to 15,000,000 units priced at $0.10 per Unit for gross proceeds of up to $1,500,000. Each Unit will consist of one common share of the Company and one purchase warrant to acquire an additional common share at $0.18 for a period of two years. Directors and officers of the [...]
VanadiumCorp Resource is pleased to announce a non-brokered private placement financing of up to $1.5 million dollars. The Financing will consist of up to 1,500,000 units priced at $0.10 per Unit for gross proceeds of up to $1,500,000. Each Unit will consist of one common share of the Company and one purchase warrant to acquire an additional common share at $0.18 for a period of two years. Directors and officers of the [...]
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