Stockwatch

Vanadiumcorp Resource Inc
Symbol	VRB
Shares Issued	180,307,459
Close 2014-09-17	C$ 0.045
Market Cap	C$ 8,113,836
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Vanadiumcorp arranges $50,000 private placement

2014-09-18 17:37 ET - News Release

Adriaan Bakker Subject: Emailing: 2014-09-18 SIDEX Financing To whom it may concern, Please disseminate the attached news release as per regular request immediately. 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: 2014-09-18 SIDEX Financing 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: 2014-09-18 SIDEX Financing.docx TSX-V: "VRB" VanadiumCorp Announces SIDEX Field Action 2014 Program Financing VANCOUVER, BRITISH COLUMBIA - September 18, 2014 - Vanadiumcorp Resource Inc. (TSX-V: "VRB") (the "Company") is pleased to announce a non-brokered private placement of 909,091 non-flow-through units ("Units") at a price of C$0.055 per Unit to be completed under SIDEX's program "Field Action 2014". Aggregate gross proceeds total approximately C$50,000 (the "Offering"). Each Unit shall consist of one non-flow-through common share of the Issuer and one share purchase warrant ("Warrant"). Each whole Warrant will entitle the holder to acquire one non flow-through common share of the Issuer at a price of C$0.10 for a period of 36 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 used for the field program complimenting VanadiumCorp's Lac Dore Resource calculation currently underway. The Placement is subject to regulatory approval. The first NI 43-101 compliant report in the Lac Dore region completed in June 2014 has facilitated the integration of 89 drill hole and drill hole equivalents in the resource calculations currently underway and expected in Q4, 2014. The SIDEX Limited Partnership was created in 2001 by the government of Quebec and the Solidarity Fund QFL. The mission of SIDEX is to invest in companies engaged in mineral exploration in order to diversify Quebec's mineral base and open new territories to exploration and investment. "Field Action 2014" is a $3-Million financing program launched in the spring by SIDEX to encourage junior mineral exploration companies to pursue field work during the summer and fall 2014, employ young professionals and service companies and make way for new discoveries. About VanadiumCorp VanadiumCorp is a rapidly growing strategic metals company with projects in Quebec, Canada. VanadiumCorp has a vision to be the first primary producer of Vanadium in North America. The current growth strategy is focused on development of its most advanced project in mining friendly Quebec, Canada, the Lac Dore project. This project encompasses the Lac Dore deposit that is subject to over $20M of completed work, a completed NI 43-101 report and is directly adjacent to a projected $600M CAPEX development. The Lac Dore deposit has the potential supply and scale for North America to make vanadium-strengthened steel and vanadium batteries, a reality for years to come. VanadiumCorp is targeting production of metallurgical grade Vanadium Pentoxide as well as high purity Vanadium chemicals for the battery industry. Regarded as a "super metal," vanadium is the number-one steel strengthener in the world and is internationally acclaimed as the "ultimate energy storage solution." The Lac Dore Project, coupled with the Company's Iron-T Vanadium-Titanium-Iron Project positions VanadiumCorp at the forefront of global Vanadium exploration and development. VanadiumCorp's experienced management and technical teams are dedicated to project development and building shareholder value. FORWARD-LOOKING STATEMENTS: Certain of the information contained in this news release may contain "forward-looking information". Forward-looking information and statements may include, among others, statements regarding the future plans, costs, objectives or performance of Lakeside Minerals Inc. (the "Company"), or the assumptions underlying any of the foregoing. In this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking statements and information are based on information available at the time and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company's control. The Company does not intend, nor does the Company undertake any obligation, to update or revise any forward-looking information or statements contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws. 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.