VanadiumCorp Closes Second Tranche For $540,000 25th May 2017 VanadiumCorp News Releases TSX-V: “VRB” Download PDF… VANCOUVER, BRITISH COLUMBIA – May 23, 2017 – Vanadiumcorp Resource Inc. is pleased to announce it has closed the 2nd tranche of the over subscribed non-brokered private placement of 9,000,000 units at a price of CDN $0.06 cents per unit for a total of CDN $540,000. Each unit shall consist of one common share of the issuer and one full share purchase warrant. Each full warrant will entitle the holder to acquire one common share of the issuer at a price CDN $0.10 for a period of 24 months following the closing date of the offering. All securities issued pursuant to the placement will be subject to a hold period of four months and one day from the date of closing. Proceeds from the placement will be utilized for advancing the patent pending Vanadiumcorp-Electrochem process technology, trial Vanadiumcorp ElectrolyteTM and electrolytic iron production and operating capital. No fees or commissions were paid in association with the private placement. On behalf of the board of VanadiumCorp: Adriaan Bakker, President and Chief Executive Officer For more information, contact VanadiumCorp: John Hewlett, Director, Business Development By phone: 604-560-8251 By email: firstname.lastname@example.org Website: www.vanadiumcorp.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Share This Tweet Share Share Email Related Posts Lac Dore Vanadium Project Update Vanadiumcorp is pleased to announce that a potential strategic partner will visit the Lac Dore Vanadium Project site in September, 2015 along with management and IOS Geoscientifique Inc. VanadiumCorp engages Dr. Luke Longridge and CSA Global VanadiumCorp is pleased to announce it has engaged Dr. Luke Longridge of CSA Global as a technical advisor and Qualified Person to assist with the development of the Company’s mineral assets. Electrochem Starts Commercial Production of Vanadium Battery Electrolyte in Canada VanadiumCorp is pleased to announce that Electrochem has begun commercial production at its facilities in Boucherville (Quebec) Canada of all-vanadium equimolar electrolyte solutions directly from vanadium pentoxide purchased on the market by using an electrochemical process.