{"id":16936,"date":"2019-11-05T09:16:08","date_gmt":"2019-11-05T17:16:08","guid":{"rendered":"https:\/\/www.vanadiumcorp.com\/?p=16936"},"modified":"2020-03-19T11:49:52","modified_gmt":"2020-03-19T18:49:52","slug":"vanadiumcorp-forms-subsidiary-and-acquires-facility-for-vrfb-production-in-germany","status":"publish","type":"post","link":"https:\/\/www.vanadiumcorp.com\/releases\/vanadiumcorp-forms-subsidiary-and-acquires-facility-for-vrfb-production-in-germany\/","title":{"rendered":"VanadiumCorp Forms Subsidiary and Acquires Facility for VRFB Production in Germany"},"content":{"rendered":"
Download PDF…<\/a><\/p>\n VANCOUVER, November 5th, 2019 – VanadiumCorp Resource Inc. (TSX Venture Exchange: “VRB”) (\u201cFrankfurt Stock Exchange: \u201cNWN\u201d) (\u201cVanadiumCorp\u201d) (the “Company”) is pleased to announce it has formed a wholly owned subsidiary of VanadiumCorp Resource Inc. focused on next generation flow battery development in Germany named VanadiumCorp GmbH.<\/p>\n VanadiumCorp GmbH introduces XRG\u00ae as next generation energy storage technology powered by its own supply chain. Components are both manufactured sustainably and are 100% reusable & recyclable. With the lowest cost and carbon footprint, XRG intends to revolutionize energy projects, renewable energy and entire power grids. The facility for planned production is now acquired in Rastatt close to Karlsruhe, Germany and construction will commence this month. Partnerships locally will provide further product evolution. XRG\u00ae is a VanadiumCorp GmbH technology. More information is available at www.xrg.com.<\/p>\n VanadiumCorp <\/strong>is developing dedicated vanadium supply and disruptive technologies for energy storage with a 100% green mandate. \u00a0More information on active projects and new vanadium energy technologies can be found on The Company’s website at www.vanadiumcorp.com<\/a>.<\/p>\n On behalf of the board of VanadiumCorp:<\/strong><\/p>\n Adriaan Bakker For more information:<\/strong><\/p>\n Adriaan Bakker,
\nPresident and Chief Executive Officer<\/p>\n
\nPresident and CEO, VanadiumCorp Resource Inc.
\n(TSX-V: \u201cVRB\u201d)
\nBy phone: 1-604-385-4489
\nBy email: moc.procmuidanav