Ms. Kristien Davenport reports
VANADIUMCORP RESOURCE SUBMITTED DOCUMENTS FOR FINAL APPROVAL OF FINANCING
Further to the July 10, 2025, July 11, 2025, July 13, 2025, and Aug. 25, 2025, news releases,
Vanadiumcorp Resource Inc. has submitted documents seeking final approval of its 11-cent-per-unit private placement financing for aggregate gross proceeds of $396,099.99.
The company has issued 3,600,909 units, each unit consisting of one common share of the company and one common share purchase warrant, each warrant being exercisable for an additional common share of the company at an exercise price of 15 cents for two years from the date of issue. All securities issued pursuant to the financing are subject to a four-month hold.
The financing is subject to final exchange approval. Proceeds from the financing will be allocated for working capital and general corporate purposes.
About Vanadiumcorp Resource Inc.
Vanadiumcorp is a Canadian critical metal exploration company owning 100 per cent of two strategic properties in Quebec: the Iron T and the flagship Lac Dore property. The company
is advancing innovative technologies to extract vanadium-titanium and potentially high-grade iron from its vanadiferous titanomagnetite projects. The successful implementation of these technologies is expected to ensure a stable, long-term supply of the company's critical metal deposits, which include vanadium feedstock for electrolyte production. Its initial electrolyte facility, located in Val-des-Sources, Que., will serve a dual purpose: evaluating the quality of the outputs and facilitating the initial production of electrolytes. Furthermore, the company intends to expand its production of electrolytes for the international market, specifically for long-duration vanadium flow batteries.
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