VanadiumCorp has arranged a non-brokered private placement of up to 1,400,000 flow-through common shares at a price of $0.07 cents per share for total proceeds of up to $98,000.
VANCOUVER, BRITISH COLUMBIA, April 15, 2020 – VanadiumCorp Resource Inc. (TSX-V: “VRB”) (“VanadiumCorp” or the “Company”), is pleased to announce that it has received $900,000 CDN from the exercise of 9,000,000 share purchase warrants priced at $0.10 and $100,000 in property option payments. The Company successfully has had most of the issued and outstanding warrants exercised by shareholders, leaving only 4,418,699 warrants currently outstanding.
With the continued support of its shareholders, VanadiumCorp is developing an exclusive clean energy storage supply chain with XRG® vanadium redox flow battery technology, jointly owned process technology and it’s wholly owned and strategic vanadium resource base in Quebec, Canada.
On behalf of the board of VanadiumCorp:
President and Chief Executive Officer
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