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Enter Symbol
or Name
USA
CA



Vanadiumcorp Resource Inc
Symbol VRB
Shares Issued 244,037,152
Close 2019-02-26 C$ 0.085
Market Cap C$ 20,743,158
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Vanadiumcorp files national entry phases for VEPT tech

2019-02-26 12:21 ET - News Release

Mr. Adriaan Bakker reports

NATIONAL ENTRY PHASES FILED IN SOUTH AFRICA, INDIA AND THE UNITED STATES FOR VANADIUMCORP-ELECTROCHEM PROCESSING TECHNOLOGY (VEPT)

Vanadiumcorp Resource Inc. and Electrochem Technologies & Materials Inc. have confirmed the filing of the national entry phases in South Africa, India and the United States of international patent application WO 2018/152,628 (A1) (Metallurgical and Chemical Process for Recovering Vanadium and Iron Values from Vanadiferous Titanomagnetite and Vanadiferous Feedstocks). Subsequent filings are planned in other key jurisdictions.

National phase entry in South Africa:  2019/00743

National phase entry in India:  201917004662

National phase entry in the United States:  16/322,642

The filing of the national phase entry in South Africa, India and the United States will support future licensing and partnership opportunities in these jurisdictions.

The jointly owned Vanadiumcorp-Electrochem processing technology (VEPT) describes a novel chemical process invented by Dr. Francois Cardarelli that addresses the recovery of vanadium, iron, titanium and silica feedstocks, such as vanadiferous titano-magnetite, iron ores and concentrates, such as magnetite and hematite, vanadium-containing wastes, such as BOF slags, and other industrial byproducts also containing vanadium.

About Vanadiumcorp Resource Inc.

Vanadiumcorp holds a significant vanadium-titanium-iron-bearing resource base in mining-friendly Quebec, Canada, including the 100-per-cent-owned Lac Dore project, which is adjacent to Blackrock Metals Inc., and the Iron-T project, located three kilometres from the Glencore Matagami (zinc-copper) mine. In December, 2018, Vanadiumcorp and Electrochem signed a patent option agreement (POA) with Ultra Power Systems Pty. Ltd. to purchase an exclusive licence and construct a process plant for VEPT in Western Australia.

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