Vanadiumcorp Resource Inc. is pleased to announce that due to demand, it has increased its non-brokered private placement (the Placement) previously announced on August 8, 2014.
Vanadiumcorp Resource Inc. is pleased to announce a non-brokered private placement of up to 7,272,727 non-flow-through units (“Units”) at a price of C$0.055 per Unit; and up to 5,333,333 flow-through units (“FT Units”) at a price of C$0.075 per FT Unit sold on a "flow-through" basis pursuant to the Income Tax Act (Canada) Aggregate gross proceeds total approximately C$800,000 (the “Offering”).