11:01:28 EDT Sun 05 May 2024
Enter Symbol
or Name
USA
CA



Vanadiumcorp Resource Inc
Symbol VRB
Shares Issued 178,137,459
Close 2014-08-29 C$ 0.05
Market Cap C$ 8,906,873
Recent Sedar Documents

Vanadiumcorp completes financing second tranche

2014-09-02 12:38 ET - News Release

Adriaan Bakker Subject: Emailing: 2014-08-28 - Private Placement Tranche 2 Closed To whom it may concern, Please disseminate the attached news release at your earliest convenience. Please contact me with any questions/requests. Best regards, Adriaan Bakker, CEO VanadiumCorp Resource Inc. TSX-V "VRB" Mobile: 778-846-8742 Direct: 604-385-4485 Fax: 604-685-3764 Email: ab@vanadiumcorp.com Web: www.vanadiumcorp.com Suite #711 675 West Hastings Street Vancouver, BC, Canada V6B-1N2 This e-mail message (including attachments, if any) is intended for the use�of the individual or entity to which it is addressed and may contain�information that is privileged, proprietary, confidential and exempt from�disclosure. � If you are not the intended recipient, you are notified that�any dissemination, distribution or copying of this communication is�strictly prohibited. �If you have received this communication in error,�please notify the sender and erase this e-mail message immediately. Your message is ready to be sent with the following file or link attachments: 2014-08-28 - Private Placement Tranche 2 Closed Note: To protect against computer viruses, e-mail programs may prevent sending or receiving certain types of file attachments. Check your e-mail security settings to determine how attachments are handled. File: 2014-08-28 - Private Placement Tranche 2 Closed.docx TSX-V: "VRB" VANADIUMCORP COMPLETES $1 MILLION PRIVATE PLACEMENT VANCOUVER, BRITISH COLUMBIA - September 2, 2014 - Vanadiumcorp Resource Inc. (TSX-V: "VRB") (the "Company") is pleased to announce further to its August 19, 2014 news release, it has completed the second tranche of its non-brokered private placement (the Placement) previously announced on August 8, 2014. This completes the increased Placement of 16,914,635 Units with gross proceeds now totaling C$1,031,705. The first and second tranche of the Placement included identical terms. The non-flow-through units ("Units") were sold at C$0.055 per Unit; and 4,700,000 flow-through units ("FT Units") at $0.075 per FT Unit. The FT Units issued under the Placement were sold on a flow-through basis pursuant to the Income Tax Act (Canada) and purchased primarily by institutional investors. The common shares issued under the placement are subject to a four-month hold period that expires on December 14, 2014 for tranche one and December 28, 2014 for tranche two. A cash fee equal to 8 per cent was paid as a finder's fee in respect of a portion of the proceeds raised. Proceeds from the Placement will be used for VanadiumCorp's Lac Dore Resource calculation currently underway, other mineral exploration projects in Canada and general working capital purposes. For further information, contact Adriaan Bakker, President and Chief Executive Officer or Tim Halyk, Business Development at 604-385-4485 or info@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.

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